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Second-Generation Retail Storefront
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175 N Halsted St., Chicago, IL 60661

Ground-floor retail space with street frontage and an option for a covered patio adjacent to a residential lobby.

Space Size2,899 SF
Days on Market53

Property Features for 175 N Halsted St.

General Information

Standard status Active
Size 2,899 SF
Property subtype Retail

Additional Details

Multifamily Units 227

Building Details

Building Size 2,899 SF
Tenancy Single

Spaces For Lease

at 175 N Halsted St. Contact us

#1

Size
2,899 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Canvas Real Estate
Listed By: Andrew Becker · License #IL 475.136554
Source: Crexi
Added: Jul 1 Changed: Aug 11 Last Checked: Aug 20 at 10:28PM

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 second-generation retail space is located on the ground floor of The Parker, a 227-unit residential development. The layout is set up for storefront retail use and provides an opportunity to include a 400 SF covered patio immediately adjacent to the residential lobby, creating an outdoor seating or customer-facing extension.

The property sits at the southeast corner of Halsted and Lake streets in Chicago’s Fulton Market neighborhood. The location includes frontage on Halsted Street and is positioned for strong visibility from a major thoroughfare.

With its storefront orientation at a residential lobby, the space can be a practical fit for retail concepts that benefit from consistent daytime foot traffic from building residents and visitors. Tenants seeking a ground-floor presence inside a multifamily environment may find the patio option particularly useful for drawing customers to an outdoor, lobby-adjacent entry experience.

Key Highlights

  • Second‑generation ground‑floor retail space at The Parker, part of a 227‑unit residential development
  • Located at the southeast corner of Halsted and Lake streets in Chicago’s Fulton Market neighborhood
  • Street frontage on Halsted St provides an additional retail exposure point

Property Analytics

Current Use

CYCLEBAR Cycling Facility

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Buffet Nursing Home Clothing & Fashion Store 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

227
Residential units
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

18,178
Businesses Nearby
239k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 38% Groceries 37% Hotels & Casinos 14% Shops & Services 7%
Whole Foods Market Groceries
48,567 visits/mo 0.2 miles
Punch Bowl Social Dining
48,113 visits/mo 0.2 miles
Jewel-Osco Groceries
37,290 visits/mo 0.2 miles
Hampton Inn Chicago Downtown West Loop Hotels & Casinos
16,073 visits/mo 0.2 miles
Shake Shack Dining
14,493 visits/mo 0.3 miles

Demographics for 60661, IL

11,987
Population
8,049
Households
1.5
Avg Household Size
32
Median Age
88%
College-Educated
99%
High-School Grad
0.3 sq mi
ZIP Area
39,957
Density / Sq Mi
$138,831
Median Household Income
$105,935
Median Earnings
$2,403
Median Rent
$397,700
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
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Frequently Asked Questions

What type of property is this?
Storefront property - Ground-floor retail space with street frontage and an option for a covered patio adjacent to a residential lobby.
Where is this storefront property located?
The property is located at 175 N Halsted St. Chicago, IL.
What are key features of this property?
This property features: Second‑generation ground‑floor retail space at The Parker, part of a 227‑unit residential development; Located at the southeast corner of Halsted and Lake streets in Chicago’s Fulton Market neighborhood; Street frontage on Halsted St provides an additional retail exposure point
(773) 887-8212 Call to check price and availability
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