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Retail Space in Residential Tower
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205 S Peoria St, Chicago, IL 60607

Street-level retail space within a 19-story residential tower overlooking Mary Bartelme Park.

Property Size1,780 SF
Days on Market698

Property Features for 205 S Peoria St

General Information

Standard status Active
Size 1,780 SF
Property subtype RETAIL

Additional Details

Space Use Retail

Building Details

Stories 19
Listing Agency: Stone Real Estate Corp.
Listed By: William Winter
Source: Moodyscre
Added: Sep 5, 2024 Changed: Jul 31 Last Checked: Aug 2 at 12:25PM

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 Stone Real Estate Corp.

Investment Insights

Based on property information with market context.

This 1,780-square-foot retail space is located within a 19-story residential tower containing 275 apartments. The building includes 13,000 square feet of retail space, creating a substantial retail component within the development. The space is positioned for retail or restaurant use within the tower’s ground-floor commercial offering.

Located at the intersection of Adams Street and South Peoria Street in Chicago’s West Loop, the property overlooks one-acre Mary Bartelme Park. The surrounding trade area includes Greektown, Fulton Market, and the UIC campus, providing context for the property’s retail setting.

Key Highlights

  • 1,780 SF retail space within a 19‑story residential tower
  • Residential tower includes 275 apartments
  • Development includes 13,000 SF of retail space

Property Analytics

Current Use

PB&J: Pizza Beer ... Restaurant Milieu Apartment Complex Chloé Chen Spa Nail Salon Bitcoin of America ATM Currency Exchange Service America's Best Coins ... Atm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nursing Home Buffet Auto Parts Store Restaurant Adult Day Care

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

9,646
Businesses Nearby
316k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 36% Groceries 34% Hotels & Casinos 10% Dining 10%
Target Superstores
112,849 visits/mo 0.3 miles
H Mart Groceries
57,270 visits/mo 0.3 miles
Whole Foods Market Groceries
48,567 visits/mo 0.3 miles
Hampton Inn Chicago Downtown West Loop Hotels & Casinos
16,073 visits/mo 0.5 miles
Shake Shack Dining
14,493 visits/mo 0.5 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 - Street-level retail space within a 19-story residential tower overlooking Mary Bartelme Park.
Where is this retail space located?
The property is located at 205 S Peoria St Chicago, IL.
What are key features of this property?
This property features: 1,780 SF retail space within a 19‑story residential tower; Residential tower includes 275 apartments; Development includes 13,000 SF of retail space
(312) 878-9445 Call to check price and availability
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