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Divisible Retail Space

218 East Grand Avenue, Chicago, IL 60611

For Lease
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The offering accommodates retail or restaurant use at the base of The Saint Grand.

Space Size4,445 SF
Days on Market49

Property Features for 218 East Grand Avenue

General Information

Standard status Active
Size 4,445 SF
Net Rentable 4,445 SF
Property subtype Retail, Restaurant

Space & Availability

Available Space 4,445 SF
Contiguous Space 4,445 SF
Divisible Yes
Space Use Retail

Site & Location

Neighborhood Near North Side
Anchor Co-Tenants Club Studio Fitness, Wintrust Bank, Tropical Smoothie Café

Building Details

Tenancy Multi

Spaces For Lease

at 218 East Grand Avenue
Space 1 Active
Size 4,445 SF
Contact us
Listing Agency: Kirsch Agency
Listed By: Corey Black · License IL #475156771
Source: Crexi
Added: Sep 23 Changed: Nov 9 Last Checked: Nov 10 at 5:25AM

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 Kirsch Agency

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Investment Insights

Based on property information with market context.

Located at 218 East Grand Avenue, this 4,445-square-foot retail space sits at the base of The Saint Grand and can be divided. Retail and restaurant uses are identified for the space.

Club Studio Fitness, Wintrust Bank and Tropical Smoothie Café are among the on-site commercial tenants. Nearby businesses include Whole Foods and Hampton Social.

Key Highlights

  • 4,445 SF of divisible space
  • Retail or restaurant use
  • At the base of The Saint Grand, 218 East Grand Avenue

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

The Saint Grand Apartment Complex

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Buffet Restaurant Butcher Pet Grooming Service Clothing & Fashion Store

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

26,261
Businesses Nearby
308k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 52% Hotels & Casinos 23% Groceries 18% Shops & Services 7%
McDonald's Dining
65,567 visits/mo 0.3 miles
Jewel-Osco Groceries
37,290 visits/mo 0.5 miles
Fogo de Chao Dining
28,749 visits/mo 0.3 miles
Hampton Inn & Suites Chicago Downtown By Hilton Hotels & Casinos
26,716 visits/mo 0.4 miles
Hyatt Place Chicago/River North Hotels & Casinos
22,052 visits/mo 0.3 miles

Demographics for 60611, IL

38,456
Population
28,239
Households
1.4
Avg Household Size
39
Median Age
88%
College-Educated
99%
High-School Grad
0.8 sq mi
ZIP Area
48,070
Density / Sq Mi
$124,621
Median Household Income
$92,917
Median Earnings
$2,416
Median Rent
$608,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Chicago, IL

$25.04 /SF/Yr
Avg Asking Price
$8–$114 /SF/Yr
Price Range
8,446 SF
Avg Space Size

Average Price Trend$/SF/Yr for Retail space in Chicago, IL

$25.69 Jul
$27.1 Aug
$26.09 Sep
$24.57 Oct

Properties on Market for Retail space in Chicago

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Retail space - The offering accommodates retail or restaurant use at the base of The Saint Grand.
Where is this retail space located?
The property is located at 218 East Grand Avenue Chicago, IL.
What are key features of this property?
This property features: 4,445 SF of divisible space; Retail or restaurant use; At the base of The Saint Grand, 218 East Grand Avenue
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