Corner Retail Space with Alley Entry

550 W Randolph Street Chicago, IL 60661

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Corner storefront and flexible retail floor space with strong pedestrian appeal and an alley-facing option with roll-up doors.

Type:Retail, Restaurant
Property size:
11,000 SF
Added:
Jun 15, 2026
Days on Market:
28
Last Refresh:
Jun 20 at 8:32 am

Property Features for 550 W Randolph Street

General Information

Standard status
Active
Size
11,000 SF
Property subtype
Retail, Restaurant

Building Details

Year Built
1909

Spaces For Lease

at 550 W Randolph Street Contact us

Listing office Kain Real Estate

Listing date Jun 15, 2026

Source Crexi

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 Kain Real Estate


Investment Insights

Based on property information with market context.

This recently redeveloped seven-story building offers retail space designed for storefront visibility and adaptable layouts. The primary retail suite provides approximately 9,176 SF of open, flexible floor space, with expansive storefront exposure and strong pedestrian traffic. An adjacent corner space of approximately 1,912 SF is alley-facing and includes a main entrance off W Randolph, suited for a coffee shop, café, or specialty food operator. The alley-facing space features multiple roll-up doors and seating along the alleyway, supporting an indoor-outdoor customer experience. The two suites can be combined to create a larger option exceeding 11,000 SF.

The building is positioned at the prominent corner of W Randolph Street and N Clinton Street in a mixed-use district. This corner location supports retail storefront presence with direct street and alley access, giving operators multiple points of entry and customer flow. With dedicated street-facing exposure plus an alley-facing dining setup, the property can accommodate different retail concepts depending on how the space is utilized.

For retailers, cafés, and specialty food operators, the combination of open flexible floor space, strong storefront exposure, and an alley-ready format offers practical flexibility. Concepts that benefit from both walk-up visibility and an indoor-outdoor service model can use the alley-facing suite’s roll-up door setup and seating. Tenants who need a larger footprint may consider combining the suites for a consolidated retail offering within the same building.

Key Highlights

  • Prominent corner of W Randolph St and N Clinton St with seven‑story office building setting in a mixed‑use district
  • Primary retail space includes approx. 9,176 SF of open, flexible floor space
  • Corner storefront offers approx. 1,912 SF alley‑facing space with main entrance off W Randolph

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

(Bike/Boat/Book/etc) Store Buffet Nursing Home Clothing & Fashion Store Nursing Home Adult Day Care Restaurant Auto Parts Store Clothing & Fashion Store Pet Grooming Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Retail space - Corner storefront and flexible retail floor space with strong pedestrian appeal and an alley-facing option with roll-up doors.
Where is this retail space located?
The property is located at 550 W Randolph Street Chicago, IL.
What are key features of this property?
This property features: Prominent corner of W Randolph St and N Clinton St with seven‑story office building setting in a mixed‑use district; Primary retail space includes approx. 9,176 SF of open, flexible floor space; Corner storefront offers approx. 1,912 SF alley‑facing space with main entrance off W Randolph
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