Ground and Lower-Level Retail
For Lease
Contact for pricing
223 W Erie St, Chicago, IL 60654
Ground and lower-level retail space in a River North loft building, with options to lease separately or combine.
Property Size2,438 SF
Days on Market199
Property Features for 223 W Erie St
General Information
Standard status
Active
Size
2,438 SF
Property subtype
RETAIL
Additional Details
Corner Location
Yes
Listing Agency:
Canvas Real Estate
(312) 231-2600
Listed By:
Andrew Becker · License #475136554
(312) 231-2600
Source:
Moodyscre
Added: Jan 14
Changed: Jul 31
Last Checked: Jul 31 at 5:57AM
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.
Available retail space in a prime River North loft building at the southeast corner of W Erie St and N Franklin St in the heart of the gallery district. The offering includes ground and lower level space designed for retail, service, or showroom uses.
Suites may be leased separately or combined to create a dramatic two-level layout. The total property size is 2,438 SF, giving flexibility for a tenant looking for a single-level footprint or a connected ground-to-lower configuration.
With surrounding dense residential population and a retail/service focus in the gallery district, the space is well-suited for businesses seeking street-level visibility and additional lower-level area for back-of-house, merchandising, or expanded customer flow.
Suites may be leased separately or combined to create a dramatic two-level layout. The total property size is 2,438 SF, giving flexibility for a tenant looking for a single-level footprint or a connected ground-to-lower configuration.
With surrounding dense residential population and a retail/service focus in the gallery district, the space is well-suited for businesses seeking street-level visibility and additional lower-level area for back-of-house, merchandising, or expanded customer flow.
Key Highlights
- 2,438 SF ground and lower‑level retail space in a River North loft building
- Southeast corner of W Erie St and N Franklin St in the gallery district
- Spaces can be leased separately or combined for a two‑level layout
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
19,004
Businesses Nearby
282k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 57%
Hotels & Casinos 25%
Shops & Services 11%
Groceries 7%
McDonald's
Dining
65,567 visits/mo
0.3 miles
Fogo de Chao
Dining
28,749 visits/mo
0.2 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
Binny's Beverage Depot
Groceries
18,399 visits/mo
0.1 miles
Demographics for 60654, IL
23,890
Population
17,960
Households
1.3
Avg Household Size
34
Median Age
92%
College-Educated
99%
High-School Grad
0.5 sq mi
ZIP Area
47,780
Density / Sq Mi
$144,831
Median Household Income
$106,856
Median Earnings
$2,571
Median Rent
$495,900
Median Home Value
Market
Lease Benchmarks for Chicago, IL
$25.71 /SF/Yr
Avg Asking Price
$0.92–$80 /SF/Yr
Price Range
4,887 SF
Avg Space Size
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Ground and lower-level retail space in a River North loft building, with options to lease separately or combine.
Where is this retail space located?
The property is located at 223 W Erie St Chicago, IL.
What are key features of this property?
This property features: 2,438 SF ground and lower‑level retail space in a River North loft building; Southeast corner of W Erie St and N Franklin St in the gallery district; Spaces can be leased separately or combined for a two‑level layout
