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Ground-Floor Retail and Restaurant Space
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1045 N Rush St, Chicago, IL 60611

New development offers ground-floor retail with an above three-level restaurant and hospitality experience.

Property Size2,524 SF
Days on Market1010

Property Features for 1045 N Rush St

General Information

Standard status Active
Size 2,524 SF
Property subtype RETAIL
Listing Agency: Canvas Real Estate
Listed By: Michael Wexler
Source: Moodyscre
Added: Oct 25, 2023 Changed: Jul 26 Last Checked: Jul 30 at 2:25PM

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 Canvas Real Estate

Investment Insights

Based on property information with market context.

This new development in Chicago’s Gold Coast is designed for both luxury retail and restaurant operators. The ground floor is built for high-end boutiques and includes retail space at street level. Above the ground floor, the property provides a restaurant and hospitality experience spread over three levels, with indoor and outdoor functionality.

The property is located at 1045 N Rush St, Chicago, IL 60611. Public remarks reference an experience positioned above the tree canopy of Mariano Park.

For tenants seeking a multi-level food and hospitality platform alongside street-level retail, this configuration supports a cohesive mixed-use presence within the same building.

Key Highlights

  • New development in Chicago’s Gold Coast with ground‑floor retail
  • Above the ground‑floor retail is a restaurant and hospitality experience spanning three levels
  • Restaurant and hospitality concept includes indoor and outdoor functionality

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Tattoo & Piercing Shop Nursing Home Restaurant Auto Parts 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

15,146
Businesses Nearby
137k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 77% Apparel 13% Shops & Services 10%
McDonald's Dining
52,443 visits/mo 0.4 miles
Pizanos Pizza Dining
9,491 visits/mo 0.3 miles
Velvet Taco Dining
7,917 visits/mo 0.1 miles
Dunkin' Donuts Dining
7,783 visits/mo 0.4 miles
Prada Apparel
7,235 visits/mo 0.1 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

$25.71 /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

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

What type of property is this?
Retail space - New development offers ground-floor retail with an above three-level restaurant and hospitality experience.
Where is this retail space located?
The property is located at 1045 N Rush St Chicago, IL.
What are key features of this property?
This property features: New development in Chicago’s Gold Coast with ground‑floor retail; Above the ground‑floor retail is a restaurant and hospitality experience spanning three levels; Restaurant and hospitality concept includes indoor and outdoor functionality
(773) 426-1759 Call to check price and availability
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