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Streetfront Retail Space with Two Entrances
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166 N Aberdeen St, Chicago, IL 60607

Two retail suites are available in a new construction base, each offering high ceilings and street-facing frontage.

Property Size2,202 SF
Days on Market1009

Property Features for 166 N Aberdeen St

General Information

Standard status Active
Size 2,202 SF
Property subtype RETAIL

Additional Details

Road Access Yes

Building Details

Tenancy Multi
Listing Agency: Mid-America Real Estate Group | Chicago
Listed By: Paul Bryant · License #471008163
Source: Moodyscre
Added: Oct 26, 2023 Changed: Jul 27 Last Checked: Jul 29 at 2:41PM

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 Mid-America Real Estate Group | Chicago

Investment Insights

Based on property information with market context.

Retail space is available at the base of a new construction, 224-unit residential building in Chicago’s West Loop. The offering includes a 2,202 SF suite fronting North Aberdeen Street with 24’ 2” ceiling heights. This suite is adjacent to the residential lobby entrance and features 96’ of frontage plus two entrances.

A second suite of 1,303 SF fronts North May Street with 23’ 3” ceiling heights. The May Street suite is described as being directly across the street from a property at 1143 W Lake Street, which includes 486 residential units and 32K SF of retail.

The building is surrounded by three residential developments totaling 1,028 units, and the property is described as a five-minute walk to the Morgan CTA Green Line Station, which is noted as having 1.1M riders annually. Availability is listed for March/April 2023.

Key Highlights

  • Two retail spaces available in the base of a new 224‑unit residential building just off Randolph Street in Chicago’s West Loop.
  • 2,202 SF retail space on N Aberdeen St with 24’2” ceiling height, 96’ frontage, and two entrances adjacent to the residential lobby entrance.
  • 1,303 SF retail space on N May St with 23’3” ceiling height, located across from 1143 W Lake St with 486 residential units and 32K SF retail.

Property Analytics

Current Use

One Six Six Real Estate Agency

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Veterinary Clinic Auto Parts Store Restaurant Buffet

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

Multi-tenant
Tenancy
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

7,016
Businesses Nearby
173k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 83% Shops & Services 7% Apparel 4% Hotels & Casinos 4%
Punch Bowl Social Dining
48,113 visits/mo 0.4 miles
McDonald's Dining
38,968 visits/mo 0.3 miles
Shake Shack Dining
14,493 visits/mo 0.2 miles
Starbucks Dining
9,334 visits/mo 0.5 miles
Lou Malnati's Pizzeria Dining
9,016 visits/mo 0.2 miles

Demographics for 60607, IL

31,816
Population
16,540
Households
1.9
Avg Household Size
31
Median Age
81%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
13,833
Density / Sq Mi
$126,307
Median Household Income
$79,870
Median Earnings
$2,333
Median Rent
$494,300
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 - Two retail suites are available in a new construction base, each offering high ceilings and street-facing frontage.
Where is this retail space located?
The property is located at 166 N Aberdeen St Chicago, IL.
What are key features of this property?
This property features: Two retail spaces available in the base of a new 224‑unit residential building just off Randolph Street in Chicago’s West Loop.; 2,202 SF retail space on N Aberdeen St with 24’2” ceiling height, 96’ frontage, and two entrances adjacent to the residential lobby entrance.; 1,303 SF retail space on N May St with 23’3” ceiling height, located across from 1143 W Lake St with 486 residential units and 32K SF retail.
(630) 954-7354 Call to check price and availability
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