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Retail Space with Outdoor Seating
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370 N Morgan St, Chicago, IL 60607

Retail or restaurant space fronts Morgan Street with potential for outdoor seating and lobby engagement.

Property Size4,563 SF
Days on Market3

Property Features for 370 N Morgan St

General Information

Standard status Active
Size 4,563 SF
Property subtype Retail

Properties For Sale

at 370 N Morgan St Contact us

370 N Morgan Street

Size
4,563 SF
Term
Negotiable
Contact us
Listing Agency: Mid-America Real Estate
Listed By: Lara Keene · License #475144046
Source: Midamericagrp
Added: Sep 1 Last Checked: Sep 2 at 3:48PM

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 Mid-America Real Estate

Investment Insights

Based on property information with market context.

This retail space is part of the Pearl development at 370 N Morgan St in Chicago. The offering includes 4,563 square feet of retail or restaurant space positioned along Morgan Street, with potential for outdoor seating and interaction with the building lobby.

Pearl is planned to include 494 luxury apartment units and is identified as the first development within a 1,500-unit master plan. Delivery is anticipated for Spring 2027, providing a defined timeline for this commercial space within the planned residential project.

Key Highlights

  • 4,563 square feet of retail or restaurant space
  • Frontage along Morgan Street
  • Potential for outdoor seating

Property Analytics

Current Use

Craelius Poultry Co Food Processing Plant Stap Inc Construction Company Fox Deluxe Inc Grocery & Convenience Store

Suggested Use

Top Pick Auto Parts Store Auto Repair Shop Garden Center Nursing Home Storage Facility Bed & Breakfast

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

7,818
Businesses Nearby
224k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 45% Groceries 38% Shops & Services 10% Apparel 3%
Whole Foods Market Groceries
48,567 visits/mo 0.5 miles
Punch Bowl Social Dining
48,113 visits/mo 0.2 miles
Jewel-Osco Groceries
37,290 visits/mo 0.4 miles
Shake Shack Dining
14,493 visits/mo 0.2 miles
Starbucks Dining
9,334 visits/mo 0.4 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

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 or restaurant space fronts Morgan Street with potential for outdoor seating and lobby engagement.
Where is this retail space located?
The property is located at 370 N Morgan St Chicago, IL.
What are key features of this property?
This property features: 4,563 square feet of retail or restaurant space; Frontage along Morgan Street; Potential for outdoor seating
More about this property
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