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Chicago Union Station Retail Space
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225 S Canal St, Chicago, IL 60606

Retail space available in iconic Chicago Union Station.

Space Size3,860 SF
Days on Market1021

Property Features for 225 S Canal St

General Information

Standard status Active
Size 3,860 SF
Property subtype Retail
Lease Type Modified Gross

Building Details

Tenancy Single

Spaces For Lease

at 225 S Canal St Contact us

Available Space

Size
3,860 SF
Type
Retail
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Amtrak
Listed By: Linda Frankel · License #0000000
Source: Crexi
Added: Nov 7, 2023 Changed: Aug 23 Last Checked: Aug 22 at 10:03AM

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 Amtrak

Investment Insights

Based on property information with market context.

Located in Chicago's West Loop neighborhood, near the West Side, Chicago Union Station is an intercity and commuter rail terminal. Designed by Daniel Burnham and completed by Graham, Anderson, Probst and White, this iconic building has been a marvel of modern transportation for nearly a century. As Amtrak's flagship station in the Midwest, it serves long-distance passenger trains and acts as the downtown terminus for six Metra commuter lines. Situated just west of the Chicago River between West Adams Street and West Jackson Boulevard, adjacent to the Chicago Loop, Union Station provides connections to multiple transit authorities, including the Chicago Transit Authority bus and Chicago L lines, Metra, Pace, and Greyhound. The available space for lease is located directly across the concourse from Amtrak’s first class lounge.

Key Highlights

  • Located in Chicago's Union Station, a landmark building with historical significance and architectural prestige.
  • Direct access to Amtrak, Metra, and multiple other transit authorities (CTA, Pace, Greyhound) for unparalleled connectivity.
  • Prime location in the West Loop, adjacent to the Chicago Loop.

Property Analytics

Current Use

Budget Car Rental Car Rental Facility Jamba Specialty Food Shop Amtrak Metropolitan Lounge Travel Lounge Bank of America ATM Atm MobileQubes Phone Charging Telecommunications Service

Suggested Use

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

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

NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

28,228
Businesses Nearby
159k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 68% Hotels & Casinos 21% Dining 8% Shops & Services 3%
H Mart Groceries
57,270 visits/mo 0.3 miles
Whole Foods Market Groceries
48,567 visits/mo 0.5 miles
Hampton Inn Chicago Downtown West Loop Hotels & Casinos
16,073 visits/mo 0.4 miles
Crowne Plaza Chicago West Loop Hotels & Casinos
10,607 visits/mo 0.4 miles
Dunkin' Donuts Dining
6,222 visits/mo 0.5 miles

Demographics for 60606, IL

3,797
Population
3,032
Households
1.3
Avg Household Size
34
Median Age
93%
College-Educated
100%
High-School Grad
0.2 sq mi
ZIP Area
18,985
Density / Sq Mi
$139,148
Median Household Income
$107,490
Median Earnings
$2,535
Median Rent
$366,500
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$25.66 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
9,377 SF
Avg Space Size

This space is priced 17% above the average of $25.66 /SF/Yr.

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?
Retail space - Retail space available in iconic Chicago Union Station.
Where is this retail space located?
The property is located at 225 S Canal St Chicago, IL.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: Located in Chicago's Union Station, a landmark building with historical significance and architectural prestige.; Direct access to Amtrak, Metra, and multiple other transit authorities (CTA, Pace, Greyhound) for unparalleled connectivity.; Prime location in the West Loop, adjacent to the Chicago Loop.
More about this property
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