Retail Space in High-Density
For Lease
Contact for pricing
150 Roosevelt Road, Chicago, IL 60605
Retail space in Chicago's growing South Loop near high-rises.
Space SizeContact for details
Days on Market198
Property Features for 150 Roosevelt Road
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
CBRE | Chicago
(312) 297-7688
Listed By:
Sean McCourt
(312) 297-7688
Source:
Cbre
Added: Jan 27
Changed: Aug 8
Last Checked: Aug 8 at 6:03AM
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 CBRE | Chicago
Investment Insights
Based on property information with market context.
Located in the South Loop of Chicago, an area experiencing significant residential growth and density and ranked as the number one submarket in Chicago for apartment construction, this retail space is situated within walking distance of numerous high-rise buildings. The property benefits from its location on Roosevelt Road, which features 2 million square feet of retail space, over 20 big box anchors, and more than 100 national chains. The area is also near the upcoming "The 78" development, planned to add 10 million square feet of space. The property offers convenient on-site parking with 1,300 spaces and escalator access, as well as five access points. A traffic light at the entrance and multiple pedestrian entrances provide easy access. The location also benefits from direct access to I-90/94 and proximity to the Museum Campus and Soldier Field. Additionally, the property includes 342 luxury apartments on-site.
Key Highlights
- Located in the South Loop, Chicago's #1 submarket for apartment construction.
- Features 1,300 on‑site parking spaces with escalator access.
- Offers direct access to I‑90/94.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
6,841
Businesses Nearby
661k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 32%
Groceries 23%
Superstores 20%
Home Improvements & Furnishings 10%
Target
Superstores
131,620 visits/mo
0.1 miles
Portillo's
Dining
78,782 visits/mo
0.4 miles
Jewel-Osco
Groceries
75,447 visits/mo
0.5 miles
The Home Depot
Home Improvements & Furnishings
64,191 visits/mo
0.5 miles
Jewel-Osco
Groceries
46,012 visits/mo
0.4 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
Lease Benchmarks for Chicago, IL
$22.43 /SF/Yr
Avg Asking Price
$12–$30 /SF/Yr
Price Range
25,191 SF
Avg Space Size
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Retail space in Chicago's growing South Loop near high-rises.
Where is this shopping center located?
The property is located at 150 Roosevelt Road Chicago, IL.
What are key features of this property?
This property features: Located in the South Loop, Chicago's #1 submarket for apartment construction.; Features **1,300 on‑site parking spaces with escalator access.**; Offers direct access to I‑90/94.
