Retail Space with Expansive Storefront
For Lease
$20 SF/Yr
3122 S Morgan Street Unit 1, Chicago, IL 60608
New retail space for lease with brand-new HVAC, polished concrete floors, and an ADA-compliant restroom.
Property Size1,500 SF
Days on Market62
Property Features for 3122 S Morgan Street Unit 1
General Information
Standard status
Active
Size
1,500 SF
Net Rentable
1,500 SF
Property subtype
COMMERCIAL
Space & Availability
Available Space
1,500 SF
Contiguous Space
1,500 SF
Available From
Immediate
Amenities
expansive storefront windows
abundant natural light
brand-new HVAC system
polished concrete flooring
ADA-compliant restroom
Building Details
Year Built
2026
Listing Agency:
Century 21 Realty Associates
(312) 428-9123
Listed By:
Ivan Man · License #475145659
Source:
Dawnmckennagroup
Added: May 31
Changed: Jul 30
Last Checked: Jul 30 at 7:17PM
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 Century 21 Realty Associates
Investment Insights
Based on property information with market context.
Brand new retail space for lease at 3122 S Morgan Street, Unit 1 in Chicago, IL 60608. Built in 2026, the approximately 1,500-square-foot vanilla shell offers a flexible floor plan for tenants to customize and build out for their specific concept. The space is designed to capture natural light and street visibility, with expansive storefront windows.
The property includes a brand-new HVAC system, polished concrete flooring, and a fully completed ADA-compliant restroom. The layout and finish level support a range of retail and service uses, including food-focused concepts such as a cafe or sushi restaurant.
For tenants seeking a new construction footprint with visibility and modern base systems already in place, this unit provides the core improvements to get started with a tailored interior build-out.
The property includes a brand-new HVAC system, polished concrete flooring, and a fully completed ADA-compliant restroom. The layout and finish level support a range of retail and service uses, including food-focused concepts such as a cafe or sushi restaurant.
For tenants seeking a new construction footprint with visibility and modern base systems already in place, this unit provides the core improvements to get started with a tailored interior build-out.
Key Highlights
- Approximately 1,500 SF vanilla shell retail space, built in 2026
- Expansive storefront windows for visibility and abundant natural light
- Brand‑new HVAC system
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,564
Businesses Nearby
85k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 71%
Shops & Services 22%
Electronics 7%
McDonald's
Dining
23,587 visits/mo
0.3 miles
Starbucks
Dining
16,181 visits/mo
0.3 miles
BP
Shops & Services
13,483 visits/mo
0.4 miles
SUBWAY
Dining
6,755 visits/mo
0.4 miles
Little Caesars Pizza
Dining
5,412 visits/mo
0.3 miles
Demographics for 60608, IL
75,770
Population
32,617
Households
2.3
Avg Household Size
34
Median Age
34%
College-Educated
77%
High-School Grad
6.2 sq mi
ZIP Area
12,221
Density / Sq Mi
$70,704
Median Household Income
$42,211
Median Earnings
$1,208
Median Rent
$341,500
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
This space is priced 22% below the average of $25.71 /SF/Yr.
Vacancy Rate% for Retail in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Retail space - New retail space for lease with brand-new HVAC, polished concrete floors, and an ADA-compliant restroom.
Where is this retail space located?
The property is located at 3122 S Morgan Street Unit 1 Chicago, IL.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Approximately 1,500 SF vanilla shell retail space, built in 2026; Expansive storefront windows for visibility and abundant natural light; Brand‑new HVAC system
