Retail Suite with Pedway
53-57 E Randolph St Chicago, IL 60602
For Lease
Contact for pricing
Street-level retail below luxury residences with direct pedway connections to major downtown destinations.
Property Size946 SF
Days on Market1029
Property Features for 53-57 E Randolph St
General Information
Standard status
Active
Size
946 SF
Property subtype
RETAIL
Spaces For Lease
at 53-57 E Randolph St Contact us
Listing Agency:
Mid-America Real Estate Group | Oakbrook Terrace
(630) 954-7223
Listed By:
Jaime Bertsche
Source:
Moodyscre
Added: Oct 5, 2023
Changed: Jul 27
Last Checked: Jul 28 at 3:55PM
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 | Oakbrook Terrace
Investment Insights
Based on property information with market context.
This retail suite is positioned below 357 luxury residential units and offers direct access to the Millennium Park pedestrian walkway (pedway), connecting to the Daley Center, Chicago Cultural Center, Millennium Station, and Millennium Park.
The surrounding area shows substantial daily activity, including approximately 7,000 to 8,000 average pedestrians passing through the heritage shops at the Millennium Park pedway per day, as well as approximately 23,000 pedestrians and 18,400 vehicles per day at the corner of Randolph and Wabash. Public transit access is also strong, with the Washington/Wabash “L” station about one block away and approximately 11,500 daily riders and 3.5 million annual riders.
The tenant mix in the immediate area includes prominent operators, with the property directly across from Macy’s and Ross, and within about one block of State Street retailers including Target, Nordstrom Rack, Uniqlo, DSW, and Urban Outfitters.
The surrounding area shows substantial daily activity, including approximately 7,000 to 8,000 average pedestrians passing through the heritage shops at the Millennium Park pedway per day, as well as approximately 23,000 pedestrians and 18,400 vehicles per day at the corner of Randolph and Wabash. Public transit access is also strong, with the Washington/Wabash “L” station about one block away and approximately 11,500 daily riders and 3.5 million annual riders.
The tenant mix in the immediate area includes prominent operators, with the property directly across from Macy’s and Ross, and within about one block of State Street retailers including Target, Nordstrom Rack, Uniqlo, DSW, and Urban Outfitters.
Key Highlights
- Heritage shops at Millennium Park Pedway average 7,000–8,000 pedestrians per day
- Direct pedway access to Daley Center, Chicago Cultural Center, Millennium Station, and Millennium Park
- Retail level sits below 357 luxury residential units
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - Street-level retail below luxury residences with direct pedway connections to major downtown destinations.
Where is this retail space located?
The property is located at 53-57 E Randolph St Chicago, IL.
What are key features of this property?
This property features: Heritage shops at Millennium Park Pedway average 7,000–8,000 pedestrians per day; Direct pedway access to Daley Center, Chicago Cultural Center, Millennium Station, and Millennium Park; Retail level sits below 357 luxury residential units
