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West Loop Retail Space Available
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440 W Randolph St, Chicago, IL

High-profile West Loop retail space for lease.

Space Size5,400 SF - 14,000 SF
Lot Size1.31 Acres
Days on Market758

Property Features for 440 W Randolph St

General Information

Standard status Active
Size 5,400 SF - 14,000 SF
Lot size 1.31 Acres
Property subtype RETAIL

Spaces For Lease

at 440 W Randolph St Contact us

440 W Randolph St

Floor
Mezzanine
Size
5,400 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Ground level space located at the northeast corner of West Randolph Street and...
show more
Contact us

440 W Randolph St

Floor
GF
Size
14,000 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Includes 5,400 SF mezzanine - Ground level space located at the northeast corner...
show more
Contact us
Listing Agency: Canvas Real Estate
Listed By: Elan Rasansky
Source: Moodyscre
Added: Aug 20, 2024 Changed: Sep 3 Last Checked: Sep 15 at 9:56AM

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 Canvas Real Estate

Investment Insights

Based on property information with market context.

Located at the northeast corner of West Randolph Street and North Canal Street, this ground-level space offers a high-profile location in Chicago's West Loop. Situated at the convergence of the Loop and West Loop, the property is adjacent to the Ogilvie Transportation Center and two blocks from I-90/94. The space is suitable for various uses, including a grocer, showroom, entertainment venue, restaurants, and food halls. The property offers the opportunity to rebrand the entire façade and create double ceiling heights. Up to 70 parking spaces are available for valet service. The property offers 5400 square feet of retail space.

Key Highlights

  • High profile West Loop location on West Randolph Street at the convergence of the Loop and West Loop.
  • Adjacent to Ogilvie Transportation Center and two blocks from I‑90/94.
  • Opportunity to rebrand the entire façade and create double ceiling heights.

Property Analytics

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Current Use

Metropolitian Rentel Corporation Apartment Building ATM Atm The Second City Mold ... Environmental Consultant

Suggested Use

Top Pick Auto Parts Store Auto Repair Shop (Bike/Boat/Book/etc) Store Pet Grooming Service Garden Center Nursing Home

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

31,503
Businesses Nearby
200k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Groceries 72% Hotels & Casinos 13% Shops & Services 7% Dining 5%
H Mart Groceries
57,270 visits/mo 0.5 miles
Whole Foods Market Groceries
48,567 visits/mo 0.4 miles
Jewel-Osco Groceries
37,290 visits/mo 0.5 miles
Hampton Inn Chicago Downtown West Loop Hotels & Casinos
16,073 visits/mo 0.2 miles
Crowne Plaza Chicago West Loop Hotels & Casinos
10,607 visits/mo 0.4 miles
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Chicago, IL

$33.38 /SF/Yr
Avg Asking Price
$25–$52 /SF/Yr
Price Range
31,318 SF
Avg Space Size

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?
Showroom - High-profile West Loop retail space for lease.
Where is this showroom located?
The property is located at 440 W Randolph St Chicago, IL.
What are key features of this property?
This property features: High profile West Loop location on West Randolph Street at the convergence of the Loop and West Loop.; Adjacent to Ogilvie Transportation Center and two blocks from I‑90/94.; Opportunity to rebrand the entire façade and create double ceiling heights.
(414) 380-1555 Call to check price and availability
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