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Retail Property in Prime Location
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15 W Illinois St, Chicago, IL 60654

Retail property with 15,792 square feet of space.

Space Size3,715 SF - 6,077 SF
Days on Market315

Property Features for 15 W Illinois St

General Information

Standard status Active
Size 3,715 SF - 6,077 SF
Property subtype RETAIL

Spaces For Lease

at 15 W Illinois St Contact us

15 W Illinois St AVAILABLE, Now

Floor 1
Size 6,077 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- This premier restaurant opportunity at 15 W. Illinois Street is positioned in the core of the River North neighborhood. River North is one of the most dynamic food and beverage markets in the country. - Just three blocks from Michigan Avenue’s Magnificent Mile, the space benefits from tremendous foot traffic and a dense customer base drawn from hotels, class A offices, and luxury residential. - The site offers a fully built out, second generation restaurant with exceptional visibility, strong signage potential, and convenient access. It presents a standout location for a high-profile restaurant brand seeking prominence in one of the country’s most active commercial districts.
Contact us

15 W Illinois St AVAILABLE, Now

Floor 2
Size 6,000 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- This premier restaurant opportunity at 15 W. Illinois Street is positioned in the core of the River North neighborhood. River North is one of the most dynamic food and beverage markets in the country. - Just three blocks from Michigan Avenue’s Magnificent Mile, the space benefits from tremendous foot traffic and a dense customer base drawn from hotels, class A offices, and luxury residential. - The site offers a fully built out, second generation restaurant with exceptional visibility, strong signage potential, and convenient access. It presents a standout location for a high-profile restaurant brand seeking prominence in one of the country’s most active commercial districts.
Contact us

15 W Illinois St AVAILABLE, Now

Floor B
Size 3,715 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- This premier restaurant opportunity at 15 W. Illinois Street is positioned in the core of the River North neighborhood. River North is one of the most dynamic food and beverage markets in the country. - Just three blocks from Michigan Avenue’s Magnificent Mile, the space benefits from tremendous foot traffic and a dense customer base drawn from hotels, class A offices, and luxury residential. - The site offers a fully built out, second generation restaurant with exceptional visibility, strong signage potential, and convenient access. It presents a standout location for a high-profile restaurant brand seeking prominence in one of the country’s most active commercial districts.
Contact us
Listing Agency: Canvas Real Estate
Listed By: Andrew Becker · License #475136554
Source: Moodyscre
Added: Nov 24, 2025 Changed: Sep 20 Last Checked: Oct 4 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 Canvas Real Estate

Investment Insights

Based on property information with market context.

This retail property offers 15,792 square feet of space. The property is located in Chicago, Illinois.

Key Highlights

  • 15,792 square feet of retail space.

Property Analytics

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Current Use

Welcome To The Farm Nightclub Cheap Car Insurance ... Auto Repair Shop

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nursing Home Pet Grooming Service Buffet Butcher Tattoo & Piercing Shop

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

39,511
Businesses Nearby
661k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 51% Apparel 21% Hotels & Casinos 19% Shops & Services 6%
Nordstrom Apparel
136,729 visits/mo 0.2 miles
Starbucks Dining
132,317 visits/mo 0.4 miles
McDonald's Dining
65,567 visits/mo 0.2 miles
McDonald's Dining
52,443 visits/mo 0.5 miles
theWit Chicago - a DoubleTree by Hilton Hotel Hotels & Casinos
35,939 visits/mo 0.3 miles

Demographics for 60654, IL

23,890
Population
17,960
Households
1.3
Avg Household Size
34
Median Age
92%
College-Educated
99%
High-School Grad
0.5 sq mi
ZIP Area
47,780
Density / Sq Mi
$144,831
Median Household Income
$106,856
Median Earnings
$2,571
Median Rent
$495,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Chicago, IL

$25.15 /SF/Yr
Avg Asking Price
$8–$114 /SF/Yr
Price Range
11,563 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 property - Retail property with 15,792 square feet of space.
Where is this retail property located?
The property is located at 15 W Illinois St Chicago, IL.
What are key features of this property?
This property features: 15,792 square feet of retail space.
(312) 231-2600 Call to check price and availability
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