New Retail Space in Fulton
For Lease
Contact for pricing
465 North Carpenter Street, Chicago, IL 60642
Ground-floor retail space in a new luxury apartment building.
Days on Market146
Property Features for 465 North Carpenter Street
General Information
Standard status
Active
Property subtype
Retail
Building Details
Year Built
2026
Listing Agency:
Frontline Real Estate Partners, LLC
(847) 542-9058
Listed By:
Matthew Tarshis · License #475156642
(847) 542-9058
Source:
Frontlinerepartners
Added: Mar 6
Changed: Jul 10
Last Checked: Jul 30 at 3:25AM
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 Frontline Real Estate Partners, LLC
Investment Insights
Based on property information with market context.
This property offers an opportunity to lease ground-floor retail space in a new 72-unit luxury apartment building, scheduled for completion in June 2026. Located at 465 N. Carpenter Avenue in Chicago’s West Loop neighborhood, the property is positioned at the southeast corner of Grand Avenue and Carpenter Street, offering visibility and signage opportunities along the building’s north façade, which fronts the Kennedy Expressway. The location provides exposure to approximately 226,000 vehicles per day on the Kennedy Expressway and 9,000 vehicles per day on Grand Avenue. The West Loop is a fast-growing neighborhood with a population of over 500,000 within three miles and an average household income of over $157,000 within one mile of the property. The retail space will be delivered in vanilla box condition and features floor-to-ceiling windows and black iron compatibility. The property is located within a 1/4 mile west of Interstate-90 and just over one mile north of Interstate-290. Additionally, the property is steps from the Grand Blue Line “L” Station and less than one mile from Ogilvie Transportation Center. Dedicated parking is available with limited availability.
Key Highlights
- Prime Fulton Market location in a brand‑new 72‑unit luxury apartment building.
- Exceptional visibility and signage opportunities facing the Kennedy Expressway (226,000 VPD).
- High‑growth, affluent West Loop neighborhood with strong demographics.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
5,811
Businesses Nearby
130k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 59%
Groceries 29%
Shops & Services 10%
Apparel 2%
Punch Bowl Social
Dining
48,113 visits/mo
0.5 miles
Jewel-Osco
Groceries
37,290 visits/mo
0.5 miles
Dunkin' Donuts
Dining
12,619 visits/mo
0.3 miles
Starbucks
Dining
9,334 visits/mo
0.3 miles
U.S. Bank
Shops & Services
4,983 visits/mo
0.2 miles
Demographics for 60642, IL
21,687
Population
12,144
Households
1.8
Avg Household Size
33
Median Age
78%
College-Educated
97%
High-School Grad
1.7 sq mi
ZIP Area
12,757
Density / Sq Mi
$141,179
Median Household Income
$90,885
Median Earnings
$2,216
Median Rent
$604,200
Median Home Value
Market
Lease Benchmarks for Chicago, IL
$25.71 /SF/Yr
Avg Asking Price
$0.92–$80 /SF/Yr
Price Range
4,887 SF
Avg Space Size
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Ground-floor retail space in a new luxury apartment building.
Where is this retail space located?
The property is located at 465 North Carpenter Street Chicago, IL.
What are key features of this property?
This property features: Prime Fulton Market location in a brand‑new 72‑unit luxury apartment building.; Exceptional visibility and signage opportunities facing the Kennedy Expressway (226,000 VPD).; High‑growth, affluent West Loop neighborhood with strong demographics.
