Grocery-Anchored Mixed-Use
For Sale
Contact for pricing
38-58 E Ontario St, Chicago, IL 60611
Fully leased urban asset with grocery and hospitality anchors in Chicago’s River North district.
Property Size320,879 SF
Days on Market8
Property Features for 38-58 E Ontario St
General Information
Standard status
Active
Size
320,879 SF
Total Parking Spaces
174
Property subtype
Mixed Use, Retail, Hospitality
Zoning
Downtown Mixed-Use District
Occupancy
100%
Investment Type
Net Lease
Net Operating Income
$1,497,585
Site & Location
Corner Location
Yes
Anchor Co-Tenants
Trader Joe's, AC Marriott
Highway Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
Mid-America Real Estate
(630) 954-7392
Listed By:
Patrick Corrigan · License #IL 475208625
Source:
Crexi
Added: Aug 13
Changed: Aug 18
Last Checked: Aug 18 at 11:47AM
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.
Ontario City Centre is a leasehold mixed-use property within Chicago’s River North district. The asset is 100% leased and includes Trader Joe’s as a grocery anchor and AC Marriott as a hospitality anchor. The property is subject to a long-term ground lease and is designated within the Downtown Mixed-Use District.
The site occupies the intersection of Ontario Street and Rush Street at 38-58 E Ontario St. Its downtown position places it along an east-west corridor with direct connections to the Kennedy and Dan Ryan Expressways via I-90/94. The surrounding River North area includes residential, hospitality, dining, office, retail, entertainment, and tourism activity.
The site occupies the intersection of Ontario Street and Rush Street at 38-58 E Ontario St. Its downtown position places it along an east-west corridor with direct connections to the Kennedy and Dan Ryan Expressways via I-90/94. The surrounding River North area includes residential, hospitality, dining, office, retail, entertainment, and tourism activity.
Key Highlights
- 100% leased mixed‑use asset
- Trader Joe’s grocery anchor
- AC Marriott hospitality anchor
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
32,702
Businesses Nearby
691k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 53%
Apparel 20%
Hotels & Casinos 18%
Shops & Services 6%
Nordstrom
Apparel
136,729 visits/mo
0.2 miles
Starbucks
Dining
132,317 visits/mo
0.3 miles
McDonald's
Dining
65,567 visits/mo
0.1 miles
McDonald's
Dining
52,443 visits/mo
0.3 miles
theWit Chicago - a DoubleTree by Hilton Hotel
Hotels & Casinos
35,939 visits/mo
0.5 miles
Demographics for 60611, IL
38,456
Population
28,239
Households
1.4
Avg Household Size
39
Median Age
88%
College-Educated
99%
High-School Grad
0.8 sq mi
ZIP Area
48,070
Density / Sq Mi
$124,621
Median Household Income
$92,917
Median Earnings
$2,416
Median Rent
$608,200
Median Home Value
Market
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Fully leased urban asset with grocery and hospitality anchors in Chicago’s River North district.
Where is this mixed-use property located?
The property is located at 38-58 E Ontario St Chicago, IL.
What are key features of this property?
This property features: 100% leased mixed‑use asset; Trader Joe’s grocery anchor; AC Marriott hospitality anchor
