Leased Multi-Unit Retail
For Sale
Contact for pricing
Pending
205 E 31st St, Chicago, IL 60616
Multiple retail units include a combined storefront and two additional suites along East 31st Street.
Property Size4,322 SF
Days on Market144
Property Features for 205 E 31st St
General Information
Standard status
Pending
Size
4,322 SF
Property subtype
Retail
Occupancy
100%
Additional Details
Highway Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
Century 21 Realty Associate
Listed By:
ZOEY ZHU · License #475.188727
Source:
Crexi
Added: Apr 11
Changed: Aug 29
Last Checked: Aug 29 at 5:31PM
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 Century 21 Realty Associate
Investment Insights
Based on property information with market context.
This retail property comprises three leased units with a combined configuration in Units 203 and 205, plus separate spaces at Units 209 and 211. The combined unit measures 2,372 square feet, while Units 209 and 211 contain 1,248 square feet and 702 square feet, respectively. The property is fully leased with long-term leases in place.
Located in Chicago’s Bronzeville District, the property is near the Illinois Institute of Technology, 31st Street Beach, and McCormick Center. The surrounding area includes entertainment and restaurant options, with access to highway routes and public transit. The units may also be offered separately, subject to seller acceptance.
Located in Chicago’s Bronzeville District, the property is near the Illinois Institute of Technology, 31st Street Beach, and McCormick Center. The surrounding area includes entertainment and restaurant options, with access to highway routes and public transit. The units may also be offered separately, subject to seller acceptance.
Key Highlights
- Three retail units with a combined configuration in Units 203 and 205
- Unit 203/205 combination contains 2,372 square feet
- Unit 209 measures 1,248 square feet
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,765
Businesses Nearby
178k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 50%
Groceries 24%
Shops & Services 19%
Apparel 4%
Jewel-Osco
Groceries
42,423 visits/mo
0.4 miles
McDonald's
Dining
26,583 visits/mo
0.5 miles
Culver's
Dining
22,662 visits/mo
0.4 miles
White Castle
Dining
19,452 visits/mo
0.5 miles
BP
Shops & Services
13,054 visits/mo
0.1 miles
Demographics for 60616, IL
54,013
Population
26,912
Households
2
Avg Household Size
38
Median Age
53%
College-Educated
86%
High-School Grad
3.8 sq mi
ZIP Area
14,214
Density / Sq Mi
$77,841
Median Household Income
$53,415
Median Earnings
$1,329
Median Rent
$387,300
Median Home Value
Market
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Multiple retail units include a combined storefront and two additional suites along East 31st Street.
Where is this retail space located?
The property is located at 205 E 31st St Chicago, IL.
What are key features of this property?
This property features: Three retail units with a combined configuration in Units 203 and 205; Unit 203/205 combination contains 2,372 square feet; Unit 209 measures 1,248 square feet
