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South Loop Commercial Space Available
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161 W Harrison St, Chicago, IL 60605

Ground-floor commercial space ideal for office, medical, or retail.

Space Size1,337 SF - 3,137 SF
Property Size6,274 SF
Days on Market1406

Property Features for 161 W Harrison St

General Information

Standard status Active
Size 1,337 SF - 3,137 SF
Property subtype Retail, Office
Lease Type NNN

Building Details

Building Size 6,274 SF
Tenancy Multiple

Spaces For Lease

at 161 W Harrison St Contact us

1st Floor Ste A+B

Size
3,137 SF
Availability
Active
Contact us

1st Floor Site A

Size
1,800 SF
Availability
Active
Contact us

1st Floor Site B

Size
1,337 SF
Availability
Active
Contact us
Listing Agency: Mon Ami Real Estate
Listed By: Shergil Khan · License #IL00
Source: Crexi
Added: Nov 4, 2022 Changed: Sep 8 Last Checked: Sep 9 at 6:42AM

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 Mon Ami Real Estate

Investment Insights

Based on property information with market context.

Located at the corner of Harrison and Wells, 161 W Harrison St offers newly built-out ground-floor commercial space suitable for office, medical, or retail tenants. Situated in the South Loop, the location provides high visibility and walkability, with convenient access to transit, amenities, and a mix of residential and commercial developments. Available suites include Suite B with 1,337 square feet and Suite A with 1,800 square feet. A contiguous option is available, combining both suites for a total of 3,137 square feet. The space is suitable for medical practices, law or creative offices, wellness and fitness studios, and boutique retailers.

Key Highlights

  • Highly visible corner location at Harrison and Wells.
  • Newly built‑out ground‑floor commercial space.
  • Located in the heart of the South Loop.

Property Analytics

Current Use

ABC Imaging - Chicago Marketing & Advertising Elisa P Bell ... Medical Clinic Free Rapid and PCR ... Medical Laboratory Made In Chicago Speakers ... Consultant Market Square Lofts Condominium Complex

Suggested Use

Top Pick Butcher Buffet Adult Day Care Florist (Bike/Boat/Book/etc) Store Tanning Salon

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
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

21,369
Businesses Nearby
Under-served
Demand for This Use

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

$33.19 /SF/Yr
Avg Asking Price
$11–$94 /SF/Yr
Price Range
22,936 SF
Avg Space Size

This space is priced 34% below the average of $33.19 /SF/Yr.

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Medical Office Space - Ground-floor commercial space ideal for office, medical, or retail.
Where is this medical office space located?
The property is located at 161 W Harrison St Chicago, IL.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: Highly visible corner location at Harrison and Wells.; Newly built‑out ground‑floor commercial space.; Located in the heart of the South Loop.
More about this property
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