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Compact Retail Storefront Suite
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161 North Clark Street, Chicago, IL 60601

Former Starbucks retail space with existing plumbing and electrical for compact quick-service concepts.

Space SizeContact for details
Days on Market50

Property Features for 161 North Clark Street

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE | Chicago
Listed By: Stephen Ansani
Source: Cbre
Added: Jul 3 Changed: Aug 13 Last Checked: Aug 21 at 11:09AM

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.

This offering is a former Starbucks storefront with approximately 470 RSF. The space includes existing plumbing, electrical, and service infrastructure, which can support a variety of compact food and beverage concepts. The layout is designed for efficient day-to-day operations within a smaller footprint.

The property is located at 161 North Clark Street in Chicago, IL 60601. As a street-level storefront, the space is well suited for a neighborhood retail presence and walk-in service.

For tenants seeking a compact, plug-in ready setup, the existing plumbing, electrical, and service infrastructure can help reduce the scope of basic buildout for qualifying quick-service uses. This configuration may be a strong fit for operators such as juice or smoothie concepts, bakery styles, boutique food formats, or other specialty quick-service brands looking to operate in a smaller space with functional support already in place.

Key Highlights

  • 470 RSF former Starbucks retail space with existing plumbing and electrical
  • Includes service infrastructure suited for compact quick‑service food concepts
  • Former Starbucks layout positioned for concepts such as juice/smoothie bar, bakery, boutique food, or specialty quick service

Property Analytics

Current Use

North American Association-Food Association / Organization Kramer Injury Law ... Law Firm Warner Dina Law Firm Gipe Holmes PC Law Firm Keener and Associates Law Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Buffet Pet Grooming Service Adult Day Care Restaurant

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

44,183
Businesses Nearby
368k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Apparel 41% Hotels & Casinos 27% Dining 25% Groceries 5%
Nordstrom Apparel
136,729 visits/mo 0.4 miles
McDonald's Dining
65,567 visits/mo 0.5 miles
theWit Chicago - a DoubleTree by Hilton Hotel Hotels & Casinos
35,939 visits/mo 0.1 miles
Hampton Inn & Suites Chicago Downtown By Hilton Hotels & Casinos
26,716 visits/mo 0.3 miles
Hyatt Place Chicago/River North Hotels & Casinos
22,052 visits/mo 0.4 miles

Demographics for 60601, IL

15,814
Population
10,727
Households
1.5
Avg Household Size
36
Median Age
86%
College-Educated
95%
High-School Grad
0.4 sq mi
ZIP Area
39,535
Density / Sq Mi
$127,323
Median Household Income
$100,078
Median Earnings
$2,451
Median Rent
$495,400
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$26.85 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
3,535 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
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Former Starbucks retail space with existing plumbing and electrical for compact quick-service concepts.
Where is this storefront property located?
The property is located at 161 North Clark Street Chicago, IL.
What are key features of this property?
This property features: 470 RSF former Starbucks retail space with existing plumbing and electrical; Includes service infrastructure suited for compact quick‑service food concepts; Former Starbucks layout positioned for concepts such as juice/smoothie bar, bakery, boutique food, or specialty quick service
More about this property
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