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53 - 57 E Randolph St

Floor

1

Size

2,594 SF

Type

RETAIL

Rate

Contact for pricing

Availability

AVAILABLE, Now

Sublease

No

- Between 7,000 –8,000 pedestrians on average pass through the heritage shops... at millennium park pedway per day - Direct pedway access to the daley center, block 37, chicago cultural center, millennium station and millennium park - Retail sits below 357 luxury residential units - Approximately 23,000 pedestrians and 18,400 vehicles per day at the corner of randolph and wabash - One block from the washington/wabash “l” station with approximately 11,500 daily riders and 3.5 million annual riders - Across from macy’s department store, ross and one block from state street retailers including target, nordstrom rack, uniqlo, dsw and urban outfitters - Located in close proximity to goddess and the baker, halal guys, nando’s, jiao, capriotti’s, elephant & castle, sweetgreen and naf naf

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53 - 57 E Randolph St

Floor

1

Size

2,750 SF

Type

RETAIL

Rate

Contact for pricing

Availability

AVAILABLE, Now

Sublease

No

- Between 7,000 –8,000 pedestrians on average pass through the heritage shops... at millennium park pedway per day - Direct pedway access to the daley center, block 37, chicago cultural center, millennium station and millennium park - Retail sits below 357 luxury residential units - Approximately 23,000 pedestrians and 18,400 vehicles per day at the corner of randolph and wabash - One block from the washington/wabash “l” station with approximately 11,500 daily riders and 3.5 million annual riders - Across from macy’s department store, ross and one block from state street retailers including target, nordstrom rack, uniqlo, dsw and urban outfitters - Located in close proximity to goddess and the baker, halal guys, nando’s, jiao, capriotti’s, elephant & castle, sweetgreen and naf naf

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53 - 57 E Randolph St

Floor

1

Size

2,754 SF

Type

RETAIL

Rate

Contact for pricing

Availability

AVAILABLE, Now

Sublease

No

- Between 7,000 –8,000 pedestrians on average pass through the heritage shops... at millennium park pedway per day - Direct pedway access to the daley center, block 37, chicago cultural center, millennium station and millennium park - Retail sits below 357 luxury residential units - Approximately 23,000 pedestrians and 18,400 vehicles per day at the corner of randolph and wabash - One block from the washington/wabash “l” station with approximately 11,500 daily riders and 3.5 million annual riders - Across from macy’s department store, ross and one block from state street retailers including target, nordstrom rack, uniqlo, dsw and urban outfitters - Located in close proximity to goddess and the baker, halal guys, nando’s, jiao, capriotti’s, elephant & castle, sweetgreen and naf naf

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53 - 57 E Randolph St

Floor

2

Size

1,221 SF

Type

RETAIL

Rate

Contact for pricing

Availability

AVAILABLE, Now

Sublease

No

- Between 7,000 –8,000 pedestrians on average pass through the heritage shops... at millennium park pedway per day - Direct pedway access to the daley center, block 37, chicago cultural center, millennium station and millennium park - Retail sits below 357 luxury residential units - Approximately 23,000 pedestrians and 18,400 vehicles per day at the corner of randolph and wabash - One block from the washington/wabash “l” station with approximately 11,500 daily riders and 3.5 million annual riders - Across from macy’s department store, ross and one block from state street retailers including target, nordstrom rack, uniqlo, dsw and urban outfitters - Located in close proximity to goddess and the baker, halal guys, nando’s, jiao, capriotti’s, elephant & castle, sweetgreen and naf naf

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53 - 57 E Randolph St

Floor

2

Size

368 SF

Type

RETAIL

Rate

Contact for pricing

Availability

AVAILABLE, Now

Sublease

No

- Between 7,000 –8,000 pedestrians on average pass through the heritage shops... at millennium park pedway per day - Direct pedway access to the daley center, block 37, chicago cultural center, millennium station and millennium park - Retail sits below 357 luxury residential units - Approximately 23,000 pedestrians and 18,400 vehicles per day at the corner of randolph and wabash - One block from the washington/wabash “l” station with approximately 11,500 daily riders and 3.5 million annual riders - Across from macy’s department store, ross and one block from state street retailers including target, nordstrom rack, uniqlo, dsw and urban outfitters - Located in close proximity to goddess and the baker, halal guys, nando’s, jiao, capriotti’s, elephant & castle, sweetgreen and naf naf

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53 - 57 E Randolph St

Floor

2

Size

504 SF

Type

RETAIL

Rate

Contact for pricing

Availability

AVAILABLE, Now

Sublease

No

- Between 7,000 –8,000 pedestrians on average pass through the heritage shops... at millennium park pedway per day - Direct pedway access to the daley center, block 37, chicago cultural center, millennium station and millennium park - Retail sits below 357 luxury residential units - Approximately 23,000 pedestrians and 18,400 vehicles per day at the corner of randolph and wabash - One block from the washington/wabash “l” station with approximately 11,500 daily riders and 3.5 million annual riders - Across from macy’s department store, ross and one block from state street retailers including target, nordstrom rack, uniqlo, dsw and urban outfitters - Located in close proximity to goddess and the baker, halal guys, nando’s, jiao, capriotti’s, elephant & castle, sweetgreen and naf naf

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SEC Randolph St & Wabash Ave

Floor

2

Size

1,031 SF

Type

RETAIL

Rate

Contact for pricing

Availability

AVAILABLE, Now

Sublease

No

- Between 7,000 –8,000 pedestrians on average pass through the heritage shops... at millennium park pedway per day - Direct pedway access to the daley center, block 37, chicago cultural center, millennium station and millennium park - Retail sits below 357 luxury residential units - Approximately 23,000 pedestrians and 18,400 vehicles per day at the corner of randolph and wabash - One block from the washington/wabash “l” station with approximately 11,500 daily riders and 3.5 million annual riders - Across from macy’s department store, ross and one block from state street retailers including target, nordstrom rack, uniqlo, dsw and urban outfitters - Located in close proximity to goddess and the baker, halal guys, nando’s, jiao, capriotti’s, elephant & castle, sweetgreen and naf naf

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SEC Randolph St & Wabash Ave

Floor

2

Size

1,197 SF

Type

RETAIL

Rate

Contact for pricing

Availability

AVAILABLE, Now

Sublease

No

- Between 7,000 –8,000 pedestrians on average pass through the heritage shops... at millennium park pedway per day - Direct pedway access to the daley center, block 37, chicago cultural center, millennium station and millennium park - Retail sits below 357 luxury residential units - Approximately 23,000 pedestrians and 18,400 vehicles per day at the corner of randolph and wabash - One block from the washington/wabash “l” station with approximately 11,500 daily riders and 3.5 million annual riders - Across from macy’s department store, ross and one block from state street retailers including target, nordstrom rack, uniqlo, dsw and urban outfitters - Located in close proximity to goddess and the baker, halal guys, nando’s, jiao, capriotti’s, elephant & castle, sweetgreen and naf naf

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SEC Randolph St & Wabash Ave

Floor

2

Size

406 SF

Type

RETAIL

Rate

Contact for pricing

Availability

AVAILABLE, Now

Sublease

No

- Between 7,000 –8,000 pedestrians on average pass through the heritage shops... at millennium park pedway per day - Direct pedway access to the daley center, block 37, chicago cultural center, millennium station and millennium park - Retail sits below 357 luxury residential units - Approximately 23,000 pedestrians and 18,400 vehicles per day at the corner of randolph and wabash - One block from the washington/wabash “l” station with approximately 11,500 daily riders and 3.5 million annual riders - Across from macy’s department store, ross and one block from state street retailers including target, nordstrom rack, uniqlo, dsw and urban outfitters - Located in close proximity to goddess and the baker, halal guys, nando’s, jiao, capriotti’s, elephant & castle, sweetgreen and naf naf

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SEC Randolph St & Wabash Ave

Floor

2

Size

416 SF

Type

RETAIL

Rate

Contact for pricing

Availability

AVAILABLE, Now

Sublease

No

- Between 7,000 –8,000 pedestrians on average pass through the heritage shops... at millennium park pedway per day - Direct pedway access to the daley center, block 37, chicago cultural center, millennium station and millennium park - Retail sits below 357 luxury residential units - Approximately 23,000 pedestrians and 18,400 vehicles per day at the corner of randolph and wabash - One block from the washington/wabash “l” station with approximately 11,500 daily riders and 3.5 million annual riders - Across from macy’s department store, ross and one block from state street retailers including target, nordstrom rack, uniqlo, dsw and urban outfitters - Located in close proximity to goddess and the baker, halal guys, nando’s, jiao, capriotti’s, elephant & castle, sweetgreen and naf naf

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SEC Randolph St & Wabash Ave

Floor

2

Size

492 SF

Type

RETAIL

Rate

Contact for pricing

Availability

AVAILABLE, Now

Sublease

No

- Between 7,000 –8,000 pedestrians on average pass through the heritage shops... at millennium park pedway per day - Direct pedway access to the daley center, block 37, chicago cultural center, millennium station and millennium park - Retail sits below 357 luxury residential units - Approximately 23,000 pedestrians and 18,400 vehicles per day at the corner of randolph and wabash - One block from the washington/wabash “l” station with approximately 11,500 daily riders and 3.5 million annual riders - Across from macy’s department store, ross and one block from state street retailers including target, nordstrom rack, uniqlo, dsw and urban outfitters - Located in close proximity to goddess and the baker, halal guys, nando’s, jiao, capriotti’s, elephant & castle, sweetgreen and naf naf

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SEC Randolph St & Wabash Ave

Floor

2

Size

689 SF

Type

RETAIL

Rate

Contact for pricing

Availability

AVAILABLE, Now

Sublease

No

- Between 7,000 –8,000 pedestrians on average pass through the heritage shops... at millennium park pedway per day - Direct pedway access to the daley center, block 37, chicago cultural center, millennium station and millennium park - Retail sits below 357 luxury residential units - Approximately 23,000 pedestrians and 18,400 vehicles per day at the corner of randolph and wabash - One block from the washington/wabash “l” station with approximately 11,500 daily riders and 3.5 million annual riders - Across from macy’s department store, ross and one block from state street retailers including target, nordstrom rack, uniqlo, dsw and urban outfitters - Located in close proximity to goddess and the baker, halal guys, nando’s, jiao, capriotti’s, elephant & castle, sweetgreen and naf naf

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SEC Randolph St & Wabash Ave

Floor

2

Size

729 SF

Type

RETAIL

Rate

Contact for pricing

Availability

AVAILABLE, Now

Sublease

No

- Between 7,000 –8,000 pedestrians on average pass through the heritage shops... at millennium park pedway per day - Direct pedway access to the daley center, block 37, chicago cultural center, millennium station and millennium park - Retail sits below 357 luxury residential units - Approximately 23,000 pedestrians and 18,400 vehicles per day at the corner of randolph and wabash - One block from the washington/wabash “l” station with approximately 11,500 daily riders and 3.5 million annual riders - Across from macy’s department store, ross and one block from state street retailers including target, nordstrom rack, uniqlo, dsw and urban outfitters - Located in close proximity to goddess and the baker, halal guys, nando’s, jiao, capriotti’s, elephant & castle, sweetgreen and naf naf

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SEC Randolph St & Wabash Ave

Floor

2

Size

946 SF

Type

RETAIL

Rate

Contact for pricing

Availability

AVAILABLE, Now

Sublease

No

- Between 7,000 –8,000 pedestrians on average pass through the heritage shops... at millennium park pedway per day - Direct pedway access to the daley center, block 37, chicago cultural center, millennium station and millennium park - Retail sits below 357 luxury residential units - Approximately 23,000 pedestrians and 18,400 vehicles per day at the corner of randolph and wabash - One block from the washington/wabash “l” station with approximately 11,500 daily riders and 3.5 million annual riders - Across from macy’s department store, ross and one block from state street retailers including target, nordstrom rack, uniqlo, dsw and urban outfitters - Located in close proximity to goddess and the baker, halal guys, nando’s, jiao, capriotti’s, elephant & castle, sweetgreen and naf naf

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The Heritage Office Lofts $23/SF/Yr

Floor

3

Size

13,278 SF

Type

OFFICE

Lease Type

MODIFIED_GROSS

Availability

AVAILABLE, Now

Sublease

No

- Open concrete loft space, high ceilings, up to 8 parking spaces available. This... massive space is the perfect location for any school or office. - The high ceilings, numerous windows, and automatic lighting create a warm and welcoming atmosphere in the heart of the city. - This space is brimming with potential with gorgeous exposed brick walls as part of the original facade where exterior signage can be added. - Make this concrete loft entirely your own at the heritage. Divisible to 7,000 SF.

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Listing Agency: Mid-America Real Estate Group | Oakbrook Terrace j***@midamericagrp.com Show Phone

Listed By: Jaime Bertsche

Source: Moodyscre

Added: Aug 14, 2025 Changed: Aug 8 Last Checked: Aug 24 at 10:17AM

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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 Group | Oakbrook Terrace

Investment Insights

Based on property information with market context.

This retail space benefits from a high-traffic location, with an average of 7,000 to 8,000 pedestrians passing through the heritage shops at Millennium Park Pedway daily. It offers direct Pedway access to the Daley Center, Block 37, the Chicago Cultural Center, Millennium Station, and Millennium Park. The retail space is situated below 357 luxury residential units. The corner of Randolph and Wabash sees approximately 23,000 pedestrians and 18,400 vehicles per day. Located one block from the Washington/Wabash 'L' station, which serves approximately 11,500 daily riders and 3.5 million annual riders. It is across from Macy’s department store and Ross, and one block from State Street retailers, including Target, Nordstrom Rack, Uniqlo, DSW, and Urban Outfitters. The property is in close proximity to Goddess and the Baker, Halal Guys, Nando’s, Jiao, Capriotti’s, Elephant & Castle, Sweetgreen, and Naf Naf. The property has a size of 368 square feet.

Key Highlights

• Direct pedway access to Daley Center, Block 37, Chicago Cultural Center, Millennium Station, and Millennium Park.
• High pedestrian traffic: 7,000‑8,000 daily through Millennium Park Pedway heritage shops.
• Located at the corner of Randolph and Wabash with approximately 23,000 pedestrians and 18,400 vehicles passing daily.

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Adult Day Care Buffet Tattoo & Piercing Shop Pet Grooming Service

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

$3.45 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

39,284

Businesses Nearby

95k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Hotels & Casinos 38% Shops & Services 28% Dining 20% Apparel 15%

theWit Chicago - a DoubleTree by Hilton Hotel Hotels & Casinos

35,939 visits/mo 0.2 miles

BP Shops & Services

25,664 visits/mo 0.3 miles

Saks OFF 5TH Apparel

13,751 visits/mo 0.1 miles

McDonald's Dining

9,419 visits/mo 0.3 miles

The Smith Dining

6,546 visits/mo 0.5 miles

Market

Lease Benchmarks for Chicago, IL

$25.66 /SF/Yr

Avg Asking Price

$8–$133 /SF/Yr

Price Range

9,377 SF

Avg Space Size

This space is priced 10% below the average of $25.66 /SF/Yr.

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Retail space with high pedestrian traffic and excellent accessibility.

Where is this retail space located?

The property is located at 53-57 E Randolph St Chicago, IL.

What is the lease rate?

The lease rate is $23 SF/Yr.

What are key features of this property?

This property features: Direct pedway access to Daley Center, Block 37, Chicago Cultural Center, Millennium Station, and Millennium Park.; High pedestrian traffic: 7,000‑8,000 daily through Millennium Park Pedway heritage shops.; Located at the corner of Randolph and Wabash with approximately 23,000 pedestrians and 18,400 vehicles passing daily.