Storefront Space with Expressway
New
For Lease
$30 SF/Yr
214 W 31 St Unit 1, Chicago, IL 60616
Commercial space supports retail, office, restaurant, and service uses near Wentworth Avenue and I-90/94.
Space Size1,000 SF
Days on Market7
Property Features for 214 W 31 St Unit 1
General Information
Standard status
Active
Size
1,000 SF
Net Rentable
1,000 SF
Space & Availability
Available Space
1,000 SF
Contiguous Space
1,000 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
2010
Listing Agency:
Century 21 Realty Associates
(312) 428-9123
Listed By:
Wen Kai Chueh
Source:
Bktchicago
Added: Aug 26
Changed: Aug 31
Last Checked: Aug 30 at 8:01PM
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 Century 21 Realty Associates
Investment Insights
Based on property information with market context.
This 1,000 SF storefront space at 214 W 31 St Unit 1 was built in 2010 and is positioned for a range of commercial applications. The stated use profile includes retail, office, restaurant, and service-oriented businesses, giving occupants flexibility within a compact street-level setting.
The property is near Wentworth Avenue with direct access to the I-90/94 Expressway. Surrounding points of interest include Guaranteed Rate Field, Chinatown, the Illinois Institute of Technology campus, Franco’s Ristorante, and Lawrence Fish Market. The address is in Chicago’s Bridgeport/Armour Square area, with nearby restaurants, businesses, and residential neighborhoods.
The property is near Wentworth Avenue with direct access to the I-90/94 Expressway. Surrounding points of interest include Guaranteed Rate Field, Chinatown, the Illinois Institute of Technology campus, Franco’s Ristorante, and Lawrence Fish Market. The address is in Chicago’s Bridgeport/Armour Square area, with nearby restaurants, businesses, and residential neighborhoods.
Key Highlights
- Approximately 1,000 SF of storefront space
- Built in 2010
- Uses identified for retail, office, restaurant, and service businesses
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,675
Businesses Nearby
12k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Shell
Shops & Services
11,855 visits/mo
0.1 miles
Demographics for 60616, IL
54,013
Population
26,912
Households
2
Avg Household Size
38
Median Age
53%
College-Educated
86%
High-School Grad
3.8 sq mi
ZIP Area
14,214
Density / Sq Mi
$77,841
Median Household Income
$53,415
Median Earnings
$1,329
Median Rent
$387,300
Median Home Value
Market
Lease Benchmarks for Chicago, IL
$29.35 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
3,737 SF
Avg Space Size
This space is priced 2% above the average of $29.35 /SF/Yr.
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Commercial space supports retail, office, restaurant, and service uses near Wentworth Avenue and I-90/94.
Where is this storefront property located?
The property is located at 214 W 31 St Unit 1 Chicago, IL.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: Approximately 1,000 SF of storefront space; Built in 2010; Uses identified for retail, office, restaurant, and service businesses
