River North Trophy
For Lease
Contact for pricing
605 N Clark St, Chicago, IL 60654
Two-story building in River North, perfect for redevelopment.
Space Size22,000 SF
Days on Market1788
Property Features for 605 N Clark St
General Information
Standard status
Active
Size
22,000 SF
Property subtype
RETAIL
Site & Location
Neighborhood
Near North Side
Spaces For Lease
at 605 N Clark St
605 N Clark St
AVAILABLE, Now
Floor
Bldg
Size
22,000 SF
Type
RETAIL
Rate
Contact for pricing
Sublease
No
- Extremely rare trophy property for lease or development opportunity
- Two story single tenant building built in 1996
- Zoning DX-7
- Property currently available
- Over 57,000,000 tourists come to Chicago each year and upscale River North is a common destination
- Food and beverage sales in River North totaled $811 million in 2018
- Michigan Avenue, located just 4 blocks east, is the highest grossing retail thoroughfare in Chicago featuring a plethora of international brands including Burberry, Ralph Lauren, Apple, Hugo Boss, Rolex, Salvatore Ferragamo, Gucci and many more
- Two blocks east of the property is the Grand and State Red Line stop of the CTA which sees
4,057,428 annual ridership
- Directly across the street from Rock and Roll McDonald's (former) and Portillo's, just steps away from the multitude of restaurants, bars and nightlife in the area. Other nearby
national tenants include Hard Rock Cafe, Cold Stone Creamery, Starbucks, Walgreens, Bed Bath & Beyond, 7-Eleven, Potbelly Sandwich Shop, Jimmy John's
- Nearby restaurants include Beatrix, Chicago Chop House, Wildfire, Osteria Via Stato, Mastro's Steakhouse, Maggiano's, RPM Italian, Gt Fish & Oyster, XOCO, Frontera Grill, Fogo de Chao, Sunda
- The property is in a highly visible and desirable location with Ohio Street being one of
Chicago's highest trafficked streets, seeing approximately 37,000 cars heading east/day
- Located on North Clark Street and West Ohio Street, in the heart of River North, the property boasts a first-rate location amongst some of the largest and most prominent developments in all of Chicago
Contact us
Listing Agency:
CRE Advising
(312) 448-6401
Listed By:
Steve Horvath · License #475128970
(630) 430-4300
Source:
Moodyscre
Added: Nov 30, 2021
Changed: Oct 16
Last Checked: Oct 21 at 12:09AM
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 CRE Advising
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This two-story, single-tenant building, constructed in 1996, is available for lease. Situated in the heart of River North, the property benefits from a highly visible and trafficked street location. It features DX-7 zoning, making it suitable for redevelopment. The property is ideal for commercial real estate purposes.
Key Highlights
- Rare trophy property in the heart of River North.
- Highly visible/trafficked street location.
- DX‑7 zoning, perfect for redevelopment.
Property Analytics
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Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
32,702
Businesses Nearby
691k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 53%
Apparel 20%
Hotels & Casinos 18%
Shops & Services 6%
Nordstrom
Apparel
136,729 visits/mo
0.2 miles
Starbucks
Dining
132,317 visits/mo
0.3 miles
McDonald's
Dining
65,567 visits/mo
0.1 miles
McDonald's
Dining
52,443 visits/mo
0.3 miles
theWit Chicago - a DoubleTree by Hilton Hotel
Hotels & Casinos
35,939 visits/mo
0.5 miles
Demographics for 60654, IL
23,890
Population
17,960
Households
1.3
Avg Household Size
34
Median Age
92%
College-Educated
99%
High-School Grad
0.5 sq mi
ZIP Area
47,780
Density / Sq Mi
$144,831
Median Household Income
$106,856
Median Earnings
$2,571
Median Rent
$495,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Chicago, IL
$25.14 /SF/Yr
Avg Asking Price
$8–$114 /SF/Yr
Price Range
8,876 SF
Avg Space Size
Vacancy Rate% for Retail in Chicago, IL
Frequently Asked Questions
What type of property is this?
Retail space - Two-story building in River North, perfect for redevelopment.
Where is this retail space located?
The property is located at 605 N Clark St Chicago, IL.
What are key features of this property?
This property features: Rare trophy property in the heart of River North.; Highly visible/trafficked street location.; DX‑7 zoning, perfect for redevelopment.
