Listing Agency: CBRE | Chicago l***@cbre.com Show Phone

Listed By: Luke Molloy Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Aug 12 Last Checked: Aug 20 at 6:59AM

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Investment Insights

Based on property information with market context.

This retail space, encompassing 848 square feet, is available for rent. The property is located on East Grand Avenue in Chicago, Illinois.

Key Highlights

• Retail space available for lease
• Located in Chicago, Illinois

Property Analytics

Property Profile

Current Use

Gucci - Nordstrom Chicago Clothing Store Christian Louboutin Nordstrom ... Clothing & Fashion Store Doc B's Restaurant ... Restaurant Sugar Factory Chicago ... Restaurant Emporio Armani Uomo ... Clothing & Fashion Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Restaurant Buffet Adult Day Care 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

39,915

Businesses Nearby

690k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 49% Hotels & Casinos 23% Apparel 20% Shops & Services 6%

Nordstrom Apparel

136,729 visits/mo 0.1 miles

Starbucks Dining

132,317 visits/mo 0.3 miles

McDonald's Dining

65,567 visits/mo 0.3 miles

McDonald's Dining

52,443 visits/mo 0.4 miles

theWit Chicago - a DoubleTree by Hilton Hotel Hotels & Casinos

35,939 visits/mo 0.3 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

Lease Benchmarks for Chicago, IL

$25.9 /SF/Yr

Avg Asking Price

$8–$133 /SF/Yr

Price Range

9,190 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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Retail space available for lease in Chicago, Illinois.

Where is this retail space located?

The property is located at 55 East Grand Avenue Chicago, IL.

What are key features of this property?

This property features: Retail space available for lease; Located in Chicago, Illinois