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320 W Illinois St Chicago, IL 60654

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Prime retail, restaurant, or office spaces in vibrant River North.

Property size:
19,600 SF
Lot size:
19,600 SF

Property Features for 320 W Illinois St

General Information

Size
19,600 SF

Building Details

Year built
1985

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Listing Contact
Matthew Tarshis
Source: Frontlinerepartners

Listing Agent: Matthew Tarshis

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

River North Storefront Leasing Opportunity

Located in Chicago's River North neighborhood, River North Park offers leasing opportunities within a newly renovated (2019) 24-story apartment building. The property features approximately 19,600 square feet of prime storefront space. Available units along Grand Avenue include spaces of 2,998 SF, 5,977 SF, and 6,073 SF, which can be combined. The units feature large windows and open interiors, providing flexibility for restaurant, retail, medical office, or service-oriented users, and have the potential for black iron hook ups. A 211-space adjacent parking garage is available for a fee. The building is situated on an entire city block between Grand Avenue and Illinois Street, and between North Orleans Street and North Franklin Street, in one of Chicago’s most densely populated neighborhoods. The location offers excellent public transit options, steps from the Merchandise Mart 'L' station (Brown and Purple lines) and just west of the Grand 'L' station (Red line). The building is surrounded by several tech companies, contributing to a large daytime employee population. Convenient access to the Kennedy Expressway (Interstate 90 and Interstate 94) is provided via the Ontario Street and Ohio Street feeder ramps, located just two blocks north. The property is surrounded by national and local retailers and is within walking distance of North Michigan Avenue. The location has tenant signage opportunities available with visibility and exposure to 17,000 vehicles per day along Grand Avenue and 21,400 vehicles per day along Orleans Street, in addition to heavy pedestrian traffic. The property is part of a thriving community projected to experience population growth, with a high median household income within a one-mile radius. Current co-tenants include UPS, Domino’s Pizza, Re’Luxe, Ora Dental Studio, and Pups Pet Club. The current zoning allows for a range of retail, restaurant, office, and medical office tenants. Potential exists to provide parking for commercial tenants.
Location Intelligence

Current Use by Public Records

Caras Law Group Personal Injury Attorney River North Park ... Condominium Rental Agency TMV Services Handyman/Handywoman/Handyperson Metrotech Design Group Interior Designer Associated Rack Corporation Business Management Consultant

Suggested Use

Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.6186612
Latitude
41.8914376

FAQs

What type of property is this?
Retail space - Prime retail, restaurant, or office spaces in vibrant River North.
Where is this retail space located?
The property is located at 320 W Illinois St Chicago, IL.
What are key features of this property?
This property features: - Prime River North location with high foot and vehicle traffic.; - Excellent transportation access near Merchandise Mart and Grand 'L' stations.; - Flexible unit sizes suitable for various businesses; potential for black iron hookups.
More about this property
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