Retail Storefront with Pedway
53-57 E Randolph St Chicago, IL 60602
For Lease
Contact for pricing
Storefront retail space located below 357 luxury residential units with direct access to the Randolph/Wabash Pedway.
Property Size1,031 SF
Days on Market1029
Property Features for 53-57 E Randolph St
General Information
Standard status
Active
Size
1,031 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: Oct 5, 2023
Changed: Jul 28
Last Checked: Jul 28 at 6:02PM
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 space is positioned directly below 357 luxury residential units and provides direct access to the Pedway. It is located at street level at 53–57 E Randolph St and supports convenient pedestrian circulation tied to major downtown destinations.
Pedway access places the space within reach of the Daley Center, Block 37, Chicago Cultural Center, Millennium Station, and Millennium Park. The heritage shops at the Millennium Park Pedway pass an average of 7,000–8,000 pedestrians per day, and the corner of Randolph and Wabash sees approximately 23,000 pedestrians and 18,400 vehicles daily.
The immediate retail mix includes Macy’s, Ross, and nearby State Street retailers such as Target, Nordstrom Rack, Uniqlo, DSW, and Urban Outfitters. Public transit access is also close by, with the Washington/Wabash “L” station about one block away and approximately 11,500 daily riders and 3.5 million annual riders.
Pedway access places the space within reach of the Daley Center, Block 37, Chicago Cultural Center, Millennium Station, and Millennium Park. The heritage shops at the Millennium Park Pedway pass an average of 7,000–8,000 pedestrians per day, and the corner of Randolph and Wabash sees approximately 23,000 pedestrians and 18,400 vehicles daily.
The immediate retail mix includes Macy’s, Ross, and nearby State Street retailers such as Target, Nordstrom Rack, Uniqlo, DSW, and Urban Outfitters. Public transit access is also close by, with the Washington/Wabash “L” station about one block away and approximately 11,500 daily riders and 3.5 million annual riders.
Key Highlights
- Retail space located below 357 luxury residential units
- Direct access via the Randolph/Wabash Pedway to Daley Center, Chicago Cultural Center, Millennium Station and Millennium Park
- Traffic count at the Randolph & Wabash corner: approx. 23,000 pedestrians and 18,400 vehicles per day
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Sweet Fleur Floristry — 200 N Dearborn St, Chicago, IL 60601
- HoneyComb Floral Boutique by Crystal Cabana Mami — 231 S La Salle St UNIT 2100, Chicago, IL 60604
- Kelly's Flower Shop — 175 W Jackson Blvd, Chicago, IL 60604
- Urban Flowers Chicago — 141 W Jackson Blvd South Lobby, Chicago, IL 60604
- Lei — 227 W Monroe St, Chicago, IL 60606
Frequently Asked Questions
What type of property is this?
Storefront property - Storefront retail space located below 357 luxury residential units with direct access to the Randolph/Wabash Pedway.
Where is this storefront property located?
The property is located at 53-57 E Randolph St Chicago, IL.
What are key features of this property?
This property features: Retail space located below 357 luxury residential units; Direct access via the Randolph/Wabash Pedway to Daley Center, Chicago Cultural Center, Millennium Station and Millennium Park; Traffic count at the Randolph & Wabash corner: approx. 23,000 pedestrians and 18,400 vehicles per day
