Listing Agency: Jameson Commercial Real Estate Show Phone

Listed By: Mike Costanzo · License #IL 475.129090

Source: Crexi

Added: Jul 21 Changed: Aug 30 Last Checked: Sep 1 at 10:01AM

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Investment Insights

Based on property information with market context.

This retail property encompasses 8,549 SF and is identified as a restaurant. The property is located at 343 W. Erie in Chicago, Illinois, within ZIP code 60654. The asset is offered for sale and provides a commercial setting for retail-oriented use.

Key Highlights

• 8,549 SF retail property
• Identified as a restaurant
• Located at 343 W. Erie, Chicago, IL 60654

Property Analytics

Property Profile

Current Use

TD Porch & Deck ... Construction Company Covert Recruiting Employment Agency Field Trip Factory Training Center Opportunity Zone Investments Financial Advisor Chicago Medx Medical Clinic

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Restaurant Buffet Pet Grooming Service Nursing Home Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

19,004

Businesses Nearby

282k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 57% Hotels & Casinos 25% Shops & Services 11% Groceries 7%

McDonald's Dining

65,567 visits/mo 0.3 miles

Fogo de Chao Dining

28,749 visits/mo 0.2 miles

Hampton Inn & Suites Chicago Downtown By Hilton Hotels & Casinos

26,716 visits/mo 0.4 miles

Hyatt Place Chicago/River North Hotels & Casinos

22,052 visits/mo 0.3 miles

Binny's Beverage Depot Groceries

18,399 visits/mo 0.1 miles

Demographics for 60654, IL

23,890

Population

17,960

Households

1.3

Avg Household Size

34

Median Age

92%

College-Educated

99%

High-School Grad

0.5 sq mi

ZIP Area

47,780

Density / Sq Mi

$144,831

Median Household Income

$106,856

Median Earnings

$2,571

Median Rent

$495,900

Median Home Value

Market

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 property identified as a restaurant at 343 W. Erie in Chicago.

Where is this retail space located?

The property is located at 343 W Erie Chicago, IL.

What are key features of this property?

This property features: 8,549 SF retail property; Identified as a restaurant; Located at 343 W. Erie, Chicago, IL 60654