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

Listed By: Peter Caruso · License #475.144084 Show Phone

Source: Property.jll

Added: Apr 15 Changed: Jul 10 Last Checked: Aug 22 at 3:48AM

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Investment Insights

Based on property information with market context.

This retail space is available for lease at 70 E Oak St, Chicago, Illinois 60611. The property offers 2,732 square feet of available space. For further information, please inquire.

Key Highlights

• Prime retail location at 70 E Oak St, Chicago, Illinois 60611
• Available square footage: 2,732 SF
• Leasing opportunity

Property Analytics

Property Profile

Current Use

CH Carolina Herrera Clothing Store Solomon & Solomon Gallery-Fine Art Gallery

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Daycare Center Nursing Home Auto Parts Store Restaurant

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

20,051

Businesses Nearby

274k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 87% Apparel 6% Shops & Services 4% Hotels & Casinos 3%

Starbucks Dining

132,317 visits/mo 0.5 miles

McDonald's Dining

52,443 visits/mo 0.2 miles

Pizanos Pizza Dining

9,491 visits/mo 0.1 miles

Velvet Taco Dining

7,917 visits/mo 0.2 miles

Dunkin' Donuts Dining

7,783 visits/mo 0.3 miles

Demographics for 60611, IL

38,456

Population

28,239

Households

1.4

Avg Household Size

39

Median Age

88%

College-Educated

99%

High-School Grad

0.8 sq mi

ZIP Area

48,070

Density / Sq Mi

$124,621

Median Household Income

$92,917

Median Earnings

$2,416

Median Rent

$608,200

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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Frequently Asked Questions

What type of property is this?

Retail space - Retail space available for lease in Chicago, Illinois.

Where is this retail space located?

The property is located at 70 E Oak St Chicago, IL.

What are key features of this property?

This property features: Prime retail location at **70 E Oak St, Chicago, Illinois 60611**; Available square footage: **2,732 SF**; Leasing opportunity