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Retail Space in Chicago
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1221 West Washington Boulevard, Chicago, IL 60607

Retail space with built-in demand from residential units.

Space Size2,678 SF
Days on Market80

Property Features for 1221 West Washington Boulevard

General Information

Standard status Active
Size 2,678 SF
Class A
Property subtype Retail

Building Details

Building Size 2,678 SF
Tenancy Single

Spaces For Lease

at 1221 West Washington Boulevard Contact us

Space 1

Size
2,678 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: CBRE - Chicago
Listed By: Michael Malen · License #IL 475.204873
Source: Crexi
Added: May 26 Changed: Aug 8 Last Checked: Aug 13 at 8:59AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Chicago

Investment Insights

Based on property information with market context.

The retail space benefits from a substantial daytime population and approximately 287 residential units, which provide a consistent and built-in customer base.

Key Highlights

  • Anchored by a dense daytime audience.
  • Includes ±287 residential units.
  • Consistent demand.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Clothing & Fashion Store Veterinary Clinic Restaurant Adult Day Care Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

4,069
Businesses Nearby
88k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 69% Shops & Services 30% Electronics 1%
McDonald's Dining
38,968 visits/mo 0.3 miles
BP Shops & Services
22,142 visits/mo 0.5 miles
Lou Malnati's Pizzeria Dining
9,016 visits/mo 0.4 miles
Dunkin' Donuts Dining
8,042 visits/mo 0.1 miles
Gyu-Kaku Japanese BBQ Dining
4,027 visits/mo 0.2 miles

Demographics for 60607, IL

31,816
Population
16,540
Households
1.9
Avg Household Size
31
Median Age
81%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
13,833
Density / Sq Mi
$126,307
Median Household Income
$79,870
Median Earnings
$2,333
Median Rent
$494,300
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$25.68 /SF/Yr
Avg Asking Price
$8–$80 /SF/Yr
Price Range
8,912 SF
Avg Space Size

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space with built-in demand from residential units.
Where is this retail space located?
The property is located at 1221 West Washington Boulevard Chicago, IL.
What are key features of this property?
This property features: Anchored by a dense daytime audience.; Includes ±287 residential units.; Consistent demand.
(312) 334-7232 Call to check price and availability
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