Building Details

Year Built 1930

Year Renovated 2007

Listing Agency: Friedman Real Estate IL LLC

Listed By: Kellen Duggan · License #IL 475155060 Show Phone

Source: Crexi

Added: Jul 2 Changed: Sep 4 Last Checked: Sep 7 at 8:11AM

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Investment Insights

Based on property information with market context.

This new retail for-sale listing is located within Palmer House at 17 E Monroe St in Chicago. The offering is presented as retail space, positioned for tenants or buyers seeking a downtown retail address.

The property is offered for sale and is currently listed by Friedman Real Estate. For additional details on available space, configurations, or terms, contact the listing broker for the most current information.

Key Highlights

• Retail for sale in Palmer House at 17 E Monroe St, Chicago, IL 60603
• Building built in 1930

Property Analytics

Property Profile

Current Use

Feelings Gift Shop (Bike/Boat/Book/etc) Store Zees Apparel and Promotions Marketing & Advertising Lockwood Restaurant & Bar Restaurant ConceptDrop Marketing & Advertising The UPS Store Courier Service

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Buffet Adult Day Care Clothing & Fashion 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.

Location Intelligence

Trade Area within ½ mile

35,699

Businesses Nearby

94k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Hotels & Casinos 38% Shops & Services 34% Apparel 15% Dining 13%

theWit Chicago - a DoubleTree by Hilton Hotel Hotels & Casinos

35,939 visits/mo 0.4 miles

BP Shops & Services

25,664 visits/mo 0.3 miles

Saks OFF 5TH Apparel

13,751 visits/mo 0.1 miles

McDonald's Dining

9,419 visits/mo 0.4 miles

Fifth Third Bank & ATM Shops & Services

4,367 visits/mo 0.5 miles

Demographics for 60603, IL

1,288

Population

984

Households

1.3

Avg Household Size

38

Median Age

92%

College-Educated

100%

High-School Grad

0.1 sq mi

ZIP Area

12,880

Density / Sq Mi

$128,107

Median Household Income

$86,484

Median Earnings

$2,104

Median Rent

$608,100

Median Home Value

Market

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

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - For-sale retail property in Palmer House at 17 E Monroe St, Chicago, IL 60603.

Where is this retail space located?

The property is located at 17 E Monroe St Chicago, IL.

What are key features of this property?

This property features: Retail for sale in Palmer House at 17 E Monroe St, Chicago, IL 60603; Building built in 1930