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Secure Grocery and Convenience Store
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1147 S Wabash Ave, Chicago, IL 60605

Secure, owner-managed building with tenant-controlled HVAC, operable windows, and both passenger and freight elevators.

Property Size6,500 SF
Days on Market1270

Property Features for 1147 S Wabash Ave

General Information

Standard status Active
Size 6,500 SF
Property subtype RETAIL

Amenities

Sentex security system
24-hour surveillance
tenant-controlled HVAC
operable windows
passenger elevator
freight elevator
public transportation access
Listing Agency: Friedman Properties
Listed By: Brian Chernett
Source: Moodyscre
Added: Feb 9, 2023 Changed: Jul 30 Last Checked: Aug 1 at 2:00PM

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 Friedman Properties

Investment Insights

Based on property information with market context.

Secure, owner-managed grocery and convenience store building in Chicago’s South Loop. The space is supported by a Sentex security system with 24-hour surveillance and includes operable windows. Tenant-controlled HVAC helps support the comfort and operating needs of the user. The building also features one passenger elevator and one freight elevator, supporting both customer and goods movement.

The property offers excellent access to public transportation. It is home to Trader Joe’s and Grasshopper Club. Trader Joe’s includes a surface lot for customers, along with ample public parking nearby.

The available size is 6,500 square feet, providing a basis for retailers seeking a centrally located presence with building security and elevator service.

Key Highlights

  • 6,500 SF grocery and convenience store building
  • Owner‑managed with Sentex security system and 24‑hour surveillance
  • Tenant‑controlled HVAC

Property Analytics

Current Use

Trader Joe's Grocery & Convenience Store Dr Matthew Walker Alternative Medicine Practice Dr. Nicole E. ... Physician Prana Pathways, LLC Alternative Medicine Practice Advanced Health Chiropractic ... Alternative Medicine Practice

Suggested Use

Top Pick Butcher Nursing Home (Bike/Boat/Book/etc) Store Florist Tanning Salon Furniture & Home Goods

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

6,054
Businesses Nearby
228k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Superstores 58% Groceries 20% Hotels & Casinos 11% Apparel 8%
Target Superstores
131,620 visits/mo 0.2 miles
Jewel-Osco Groceries
46,012 visits/mo 0.2 miles
H&M Apparel
18,041 visits/mo 0.3 miles
Renaissance Blackstone Hotel Hotels & Casinos
13,890 visits/mo 0.3 miles
Best Western Grant Park Hotel Hotels & Casinos
6,261 visits/mo 0.1 miles

Demographics for 60605, IL

34,071
Population
20,478
Households
1.7
Avg Household Size
34
Median Age
82%
College-Educated
96%
High-School Grad
1.4 sq mi
ZIP Area
24,336
Density / Sq Mi
$118,403
Median Household Income
$82,091
Median Earnings
$2,402
Median Rent
$495,900
Median Home Value

Market

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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Similar Off Market Nearby

  • Jewel-Osco — 1340 S Canal St, Chicago, IL 60607
  • Target Grocery — 1154 S Clark St, Chicago, IL 60605
  • Jewel-Osco — 1224 S Wabash Ave, Chicago, IL 60605
  • South Loop Marketplace — 1254 S Canal St, Chicago, IL 60607
  • South Loop Market - 9th Street — 8 E 9th St, Chicago, IL 60605

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Secure, owner-managed building with tenant-controlled HVAC, operable windows, and both passenger and freight elevators.
Where is this grocery and convenience store located?
The property is located at 1147 S Wabash Ave Chicago, IL.
What are key features of this property?
This property features: 6,500 SF grocery and convenience store building; Owner‑managed with Sentex security system and 24‑hour surveillance; Tenant‑controlled HVAC
(312) 670-9539 Call to check price and availability
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