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First-Floor Loft Retail Space

312 N May Street Unit 102, Chicago, IL 60607

For Lease
$30 SF/Yr

A flexible commercial layout includes private offices, a kitchen, multiple restrooms, storage, and a separate service entrance.

Space Size2,977 SF
Days on Market8

Property Features for 312 N May Street Unit 102

General Information

Standard status Active
Size 2,977 SF
Net Rentable 2,977 SF
Property subtype COMMERCIAL

Space & Availability

Available Space 2,977 SF
Contiguous Space 2,977 SF
Floor 1

Site & Location

Neighborhood West Town
Highway Access Yes

Taxes and HOA fees

Annual Taxes $22,307

Amenities

exposed brick walls
hardwood floors
soaring 13-foot ceilings
exposed timber beams
steel columns
private offices
full kitchen
multiple restrooms
bathroom with shower
ample storage
separate service entrance

Building Details

Year Built 1925
Listing Agency: @properties Commercial
Listed By: Dylan Carrigan · License IL #475182088
Source: Dawnmckennagroup
Added: Nov 5 Changed: Nov 10 Last Checked: Nov 10 at 2:22PM

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 @properties Commercial

Rey
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Investment Insights

Based on property information with market context.

This 2,977-square-foot first-floor retail space is arranged for flexible commercial use and includes private offices, a full kitchen, multiple restrooms, storage, and a separate service entrance. One restroom has a shower. The 1925 building features exposed brick, hardwood flooring, timber beams, steel columns, and 13-foot ceilings.

The property is at 312 N May Street in Chicago’s West Loop/Fulton Market district. The Morgan Green and Pink Line station, CTA bus routes, I-90/94, and downtown Chicago are accessible from the area. Restaurants, boutique retailers, major employers, and other businesses are part of the surrounding commercial district.

Key Highlights

  • 2,977 square feet of first‑floor retail space
  • 13‑foot ceilings, exposed brick, hardwood floors, timber beams, and steel columns
  • Existing layout includes private offices, a full kitchen, multiple restrooms, and storage

Property Analytics

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

Current Use

Olson Communications Inc Advertising Agency Culinary Visions® Advertising Agency Dr. Sameena Rahman Physician Brian McConkey Photography (Bike/Boat/Book/etc) Store Center For Gynecology And Cosmetics ... Medical Clinic

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nursing Home Restaurant Clothing & Fashion Store Veterinary Clinic Adult Day Care

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

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

Location Intelligence

Trade Area within ½ mile

6,877
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

This space is priced 20% above the average of $25.04 /SF/Yr.

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 Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025

Frequently Asked Questions

What type of property is this?
Retail space - A flexible commercial layout includes private offices, a kitchen, multiple restrooms, storage, and a separate service entrance.
Where is this retail space located?
The property is located at 312 N May Street Unit 102 Chicago, IL.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: 2,977 square feet of first‑floor retail space; 13‑foot ceilings, exposed brick, hardwood floors, timber beams, and steel columns; Existing layout includes private offices, a full kitchen, multiple restrooms, and storage
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