Ground-Floor Retail
31 N Morgan Street, Chicago, IL 60607
For Lease
$58 SF/Yr
The space has hot and cold water lines, washer/dryer connections, and an ADA-compliant bathroom.
Space Size926 SF
Days on Market84
Property Features for 31 N Morgan Street
General Information
Standard status
Size
Net Rentable
Property subtype
Space & Availability
Available Space
Contiguous Space
Floor
Space Use
Site & Location
Neighborhood
Taxes and HOA fees
Annual Taxes
Amenities
hot/cold water piping
washer/dryer hook up
central heat/AC
furnace
hot water heater
closet
100 amp electrical
ADA-compliant bathroom
24/7 tenant service portal
Building Details
Year Built
Listing Agency:
MO2 Brokerage LLC
(773) 661-2772
Listed By:
Giancarlo Iannotta · License #475195344
Source:
Ethaneliotrealtygroup
Added: Aug 18
Changed: Nov 8
Last Checked: Nov 8 at 8:07PM
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 MO2 Brokerage LLC
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Investment Insights
Based on property information with market context.
This 926-square-foot retail space is on the ground floor of a building constructed in 2007. The current salon layout includes hot and cold water piping, washer/dryer hookups, a closet, and one ADA-compliant bathroom. Building systems include central heat and air conditioning, a furnace, a hot water heater, and 100-amp electrical service. Tenants have 24/7 access to an online service portal, and the property is professionally managed.
The property is at 31 N Morgan Street in Chicago’s West Loop, between Madison and Washington streets. Nearby businesses and destinations named include Garcia’s Bar & Restaurant, McDonald’s, Google’s headquarters, and dining and nightlife along Randolph Street.
The property is at 31 N Morgan Street in Chicago’s West Loop, between Madison and Washington streets. Nearby businesses and destinations named include Garcia’s Bar & Restaurant, McDonald’s, Google’s headquarters, and dining and nightlife along Randolph Street.
Key Highlights
- 926 square feet of ground‑floor retail space
- Current salon occupancy; hot and cold water piping and washer/dryer hookups
- One ADA‑compliant bathroom
Property Analytics
Who owns this building?
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$8.70 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
8,781
Businesses Nearby
321k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 35%
Dining 32%
Groceries 16%
Hotels & Casinos 10%
Target
Superstores
112,849 visits/mo
0.5 miles
Whole Foods Market
Groceries
48,567 visits/mo
0.3 miles
Punch Bowl Social
Dining
48,113 visits/mo
0.3 miles
Hampton Inn Chicago Downtown West Loop
Hotels & Casinos
16,073 visits/mo
0.5 miles
Shake Shack
Dining
14,493 visits/mo
0.1 miles
Demographics for 60607, IL
31,816
Population
16,540
Households
1.9
Avg Household Size
31
Median Age
81%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
13,833
Density / Sq Mi
$126,307
Median Household Income
$79,870
Median Earnings
$2,333
Median Rent
$494,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Chicago, IL
$24.76 /SF/Yr
Avg Asking Price
$8–$114 /SF/Yr
Price Range
8,755 SF
Avg Space Size
This space is priced 134% above the average of $24.76 /SF/Yr.
Average Price Trend$/SF/Yr for Retail space in Chicago, IL
Properties on Market for Retail space in Chicago
Vacancy Rate% for Retail in Chicago, IL
Frequently Asked Questions
What type of property is this?
Retail space - The space has hot and cold water lines, washer/dryer connections, and an ADA-compliant bathroom.
Where is this retail space located?
The property is located at 31 N Morgan Street Chicago, IL.
What is the lease rate?
The lease rate is $58 SF/Yr.
What are key features of this property?
This property features: 926 square feet of ground‑floor retail space; Current salon occupancy; hot and cold water piping and washer/dryer hookups; One ADA‑compliant bathroom
