Pedway-Connected Retail
53-57 E Randolph St Chicago, IL 60602
For Lease
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Retail storefront with direct access to a major Chicago pedway, positioned below residential units and near prominent downtown retailers.
Property Size368 SF
Days on Market350
Property Features for 53-57 E Randolph St
General Information
Standard status
Active
Size
368 SF
Property subtype
RETAIL
Spaces For Lease
at 53-57 E Randolph St Contact us
Listing Agency:
Mid-America Real Estate Group | Oakbrook Terrace
(630) 954-7223
Listed By:
Jaime Bertsche
Source:
Moodyscre
Added: Aug 14, 2025
Changed: Jul 26
Last Checked: Jul 28 at 3:27PM
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 storefront offers direct access to the Millennium Park pedway and sits below 357 luxury residential units. The configuration is well-suited for street-and-pedway visibility in a dense downtown environment.
The property benefits from high foot traffic at the Millennium Park pedway heritage shops, with an average of 7,000–8,000 pedestrians passing through daily. It also draws from significant corner activity at Randolph and Wabash, where approximately 23,000 pedestrians and 18,400 vehicles pass per day. Nearby transit includes the Washington/Wabash “L” station, one block away, with approximately 11,500 daily riders and 3.5 million annual riders, and it is also directly connected to the Daley Center, Block 37, Chicago Cultural Center, Millennium Station, and Millennium Park.
The surrounding retail mix includes Macy’s, Ross, and major State Street-area tenants such as Target, Nordstrom Rack, Uniqlo, DSW, and Urban Outfitters, with additional nearby dining destinations listed in the surrounding area.
The property benefits from high foot traffic at the Millennium Park pedway heritage shops, with an average of 7,000–8,000 pedestrians passing through daily. It also draws from significant corner activity at Randolph and Wabash, where approximately 23,000 pedestrians and 18,400 vehicles pass per day. Nearby transit includes the Washington/Wabash “L” station, one block away, with approximately 11,500 daily riders and 3.5 million annual riders, and it is also directly connected to the Daley Center, Block 37, Chicago Cultural Center, Millennium Station, and Millennium Park.
The surrounding retail mix includes Macy’s, Ross, and major State Street-area tenants such as Target, Nordstrom Rack, Uniqlo, DSW, and Urban Outfitters, with additional nearby dining destinations listed in the surrounding area.
Key Highlights
- Direct pedway access to Daley Center, Block 37, Chicago Cultural Center, Millennium Station, and Millennium Park
- Heritage shops at Millennium Park Pedway average 7,000–8,000 pedestrians per day
- Corner of Randolph and Wabash sees approx. 23,000 pedestrians and 18,400 vehicles per day
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - Retail storefront with direct access to a major Chicago pedway, positioned below residential units and near prominent downtown retailers.
Where is this retail space located?
The property is located at 53-57 E Randolph St Chicago, IL.
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; Heritage shops at Millennium Park Pedway average 7,000–8,000 pedestrians per day; Corner of Randolph and Wabash sees approx. 23,000 pedestrians and 18,400 vehicles per day