Street-Level Retail
For Lease
Contact for pricing
111 E Chestnut St, Chicago, IL 60611
Street-level retail at 111 E Chestnut St in Chicago’s Magnificent Mile area, positioned near Michigan Avenue.
Space Size1,948 SF
Days on Market1620
Property Features for 111 E Chestnut St
General Information
Standard status
Active
Size
1,948 SF
Property subtype
RETAIL
Site & Location
Neighborhood
Magnificent Mile
Spaces For Lease
at 111 E Chestnut St
110 E Pearson St
AVAILABLE, Now
Floor
2
Size
1,948 SF
Type
RETAIL
Rate
Contact for pricing
Sublease
No
- 110 E. Pearson Street is located directly north of the historic Chicago Water Tower and a half a block west of Michigan Avenue, the 10,051 square foot street-level retail property at 110 E. Pearson Street is situated at the epicenter of the world-renowned Magnificent Mile shopping district in Chicago’s Near North Side. Approximately 30 million people visit Michigan Avenue annually, and approximately 339,293 people live within a 3-mile radius and earn an average household income of over $160,000.
Contact us
Listing Agency:
Sterling Organization - Corporate
(561) 835-1810
Listed By:
Luke Sementa
(855) 505-7239
Source:
Moodyscre
Added: May 25, 2022
Changed: Oct 25
Last Checked: Oct 28 at 8:20AM
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
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Investment Insights
Based on property information with market context.
111 E Chestnut St is a street-level retail property located in Chicago’s Near North Side, described in the public remarks as positioned near the historic Chicago Water Tower and about half a block west of Michigan Avenue.
Public remarks characterize the site as being in the Magnificent Mile shopping district and cite estimated annual visitation to Michigan Avenue as well as household and population metrics within a 3-mile radius.
As listed for rent, the offering is presented as retail space in a high-activity, shopping-focused corridor.
Public remarks characterize the site as being in the Magnificent Mile shopping district and cite estimated annual visitation to Michigan Avenue as well as household and population metrics within a 3-mile radius.
As listed for rent, the offering is presented as retail space in a high-activity, shopping-focused corridor.
Key Highlights
- Street‑level retail property at 110 E. Pearson Street in Chicago’s Near North Side
- Located directly north of the historic Chicago Water Tower and a half block west of Michigan Avenue
- Positioned in the Magnificent Mile shopping district, adjacent to Michigan Avenue
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
24,043
Businesses Nearby
576k
Monthly Visits Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Chicago, IL
$25.14 /SF/Yr
Avg Asking Price
$8–$114 /SF/Yr
Price Range
8,623 SF
Avg Space Size
Vacancy Rate% for Retail in Chicago, IL
Frequently Asked Questions
What type of property is this?
Retail space - Street-level retail at 111 E Chestnut St in Chicago’s Magnificent Mile area, positioned near Michigan Avenue.
Where is this retail space located?
The property is located at 111 E Chestnut St Chicago, IL.
What are key features of this property?
This property features: Street‑level retail property at 110 E. Pearson Street in Chicago’s Near North Side; Located directly north of the historic Chicago Water Tower and a half block west of Michigan Avenue; Positioned in the Magnificent Mile shopping district, adjacent to Michigan Avenue
