Retail Space at Base of Apartment
For Lease
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25 E Delaware Pl, Chicago, IL 60611
Ground-floor retail space with an additional lower level in a high-activity Gold Coast location.
Property Size2,746 SF
Days on Market725
Property Features for 25 E Delaware Pl
General Information
Standard status
Active
Size
2,746 SF
Property subtype
RETAIL
Listing Agency:
Canvas Real Estate
(847) 651-8669
Listed By:
Anthony Campagni
Source:
Moodyscre
Added: Aug 7, 2024
Changed: Jul 31
Last Checked: Aug 1 at 7:23AM
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.
Ground-level retail space totals 2,746 SF, with an additional 385 SF on the lower level. The premises are positioned at the base of 168 newly converted luxury apartment rentals.
The property is described as being in Chicago’s Gold Coast, steps from multiple named retail and dining brands. Transit access is a practical highlight, with immediate CTA bus access and a Red Line “L” connection noted as a 3-minute walk. The Brown/Purple Line “L” stop is described as six blocks away. The location is also described as less than two blocks west of the Magnificent Mile near Water Tower Place and 900 North Michigan shops, and two blocks south of boutique shopping on Oak Street.
The property is described as being in Chicago’s Gold Coast, steps from multiple named retail and dining brands. Transit access is a practical highlight, with immediate CTA bus access and a Red Line “L” connection noted as a 3-minute walk. The Brown/Purple Line “L” stop is described as six blocks away. The location is also described as less than two blocks west of the Magnificent Mile near Water Tower Place and 900 North Michigan shops, and two blocks south of boutique shopping on Oak Street.
Key Highlights
- 2,746 SF ground level retail space plus 385 SF lower level
- Located at the base of 168 newly converted luxury apartment rentals
- Immediate CTA bus access
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
24,043
Businesses Nearby
576k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 62%
Apparel 27%
Hotels & Casinos 6%
Shops & Services 6%
Nordstrom
Apparel
136,729 visits/mo
0.5 miles
Starbucks
Dining
132,317 visits/mo
0.3 miles
McDonald's
Dining
65,567 visits/mo
0.4 miles
McDonald's
Dining
52,443 visits/mo
0.1 miles
Fogo de Chao
Dining
28,749 visits/mo
0.4 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
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
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Frequently Asked Questions
What type of property is this?
Retail space - Ground-floor retail space with an additional lower level in a high-activity Gold Coast location.
Where is this retail space located?
The property is located at 25 E Delaware Pl Chicago, IL.
What are key features of this property?
This property features: 2,746 SF ground level retail space plus 385 SF lower level; Located at the base of 168 newly converted luxury apartment rentals; Immediate CTA bus access
