Listing Agency: Chicago p***@jll.com Show Phone

Listed By: Peter Caruso · License #475.144084 Show Phone

Source: Property.jll

Added: Apr 15 Changed: Aug 17 Last Checked: Aug 22 at 3:53AM

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Investment Insights

Based on property information with market context.

Retail space is available at the base of the newly renovated 55 E Monroe office tower. The available shop space offers up to 3,260 square feet.

Key Highlights

• Shop space available up to 3,260 SF.
• Located at the base of the newly renovated 55 E Monroe office tower.
• Newly renovated office tower.

Property Analytics

Property Profile

Current Use

Men In Sewers Pumping ... Plumbing Service Condon & Cook Law Firm Hartman Amy Law Firm Otis Law Offices Law Firm Law Office Of James ... Law Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Buffet Adult Day Care Clothing & Fashion Store Tanning Salon

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

35,699

Businesses Nearby

94k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Hotels & Casinos 38% Shops & Services 34% Apparel 15% Dining 13%

theWit Chicago - a DoubleTree by Hilton Hotel Hotels & Casinos

35,939 visits/mo 0.4 miles

BP Shops & Services

25,664 visits/mo 0.3 miles

Saks OFF 5TH Apparel

13,751 visits/mo 0.1 miles

McDonald's Dining

9,419 visits/mo 0.4 miles

Fifth Third Bank & ATM Shops & Services

4,367 visits/mo 0.5 miles

Demographics for 60603, IL

1,288

Population

984

Households

1.3

Avg Household Size

38

Median Age

92%

College-Educated

100%

High-School Grad

0.1 sq mi

ZIP Area

12,880

Density / Sq Mi

$128,107

Median Household Income

$86,484

Median Earnings

$2,104

Median Rent

$608,100

Median Home Value

Market

Lease Benchmarks for Chicago, IL

$25.9 /SF/Yr

Avg Asking Price

$8–$133 /SF/Yr

Price Range

9,190 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

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Retail space available in renovated 55 E Monroe office tower.

Where is this retail space located?

The property is located at 55 E Monroe St Chicago, IL.

What are key features of this property?

This property features: Shop space available up to 3,260 SF.; Located at the base of the newly renovated 55 E Monroe office tower.; Newly renovated office tower.