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111 E Chestnut St, Chicago, IL 60611

Street-level retail property in Chicago’s Near North Side with size of 7,515 square feet.

Property Size7,515 SF
Days on Market1528

Property Features for 111 E Chestnut St

General Information

Standard status Active
Size 7,515 SF
Property subtype RETAIL
Listing Agency: Sterling Organization - Corporate
Listed By: Luke Sementa
Source: Moodyscre
Added: May 25, 2022 Changed: Jul 26 Last Checked: Jul 30 at 11:52AM

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 Sterling Organization - Corporate

Investment Insights

Based on property information with market context.

111 E Chestnut St is a street-level retail property offering 7,515 square feet of space. The listing is positioned for tenants seeking retail frontage at street level within Chicago’s Near North Side.

The property is described as directly north of the historic Chicago Water Tower and about half a block west of Michigan Avenue. The surrounding area is identified as the Magnificent Mile shopping district.

For demographic context, the remarks cite approximately 339,293 people living within a 3-mile radius with an average household income over $160,000, and approximately 30 million annual visits to Michigan Avenue.

Key Highlights

  • 110 E. Pearson Street is a street‑level retail property in Chicago’s Near North Side
  • Property size is 7,515 SF (street‑level retail)
  • Located near Michigan Avenue—half a block west of Michigan Avenue and directly north of the historic Chicago Water Tower

Property Analytics

Current Use

Mc Kesson Corporation Factory Jayne Jaskolski, Ph.D., ... Physician My Shopping Genie (Bike/Boat/Book/etc) Store Gold Coast Galleria ... Real Estate Agency Osteria del Pastaio Restaurant

Suggested Use

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

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

24,043
Businesses Nearby
576k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 62% Apparel 27% Hotels & Casinos 6% Shops & Services 6%
Nordstrom Apparel
136,729 visits/mo 0.5 miles
Starbucks Dining
132,317 visits/mo 0.3 miles
McDonald's Dining
65,567 visits/mo 0.4 miles
McDonald's Dining
52,443 visits/mo 0.1 miles
Fogo de Chao Dining
28,749 visits/mo 0.4 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

$22.12 /SF/Yr
Avg Asking Price
$0.92–$45 /SF/Yr
Price Range
2,359 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?
Storefront property - Street-level retail property in Chicago’s Near North Side with size of 7,515 square feet.
Where is this storefront property located?
The property is located at 111 E Chestnut St Chicago, IL.
What are key features of this property?
This property features: 110 E. Pearson Street is a street‑level retail property in Chicago’s Near North Side; Property size is 7,515 SF (street‑level retail); Located near Michigan Avenue—half a block west of Michigan Avenue and directly north of the historic Chicago Water Tower
(855) 505-7239 Call to check price and availability
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