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Ground-Floor Retail Space
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626 S Wabash Ave, Chicago, IL 60605

Brand-new construction retail space at the base of multifamily and student housing, totaling 4,057 SF.

Space Size4,057 SF
Days on Market205

Property Features for 626 S Wabash Ave

General Information

Standard status Active
Size 4,057 SF
Property subtype OFFICE

Site & Location

Neighborhood South Loop

Additional Details

Business Included No

Amenities

black iron capable

Spaces For Lease

at 626 S Wabash Ave
626 S Wabash Ave AVAILABLE, Now
Floor 1
Size 4,057 SF
Type OFFICE
Rate Contact for pricing
Sublease No
- 4,057 SF of brand-new construction retail space in the heart of South Loop. - Located at the base of 368 beds/units of multifamily and student housing. - Ideal for café, fast-casual, fitness, service, or neighborhood-serving concepts seeking a high-density, walkable trade area. - Black iron capable
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Listing Agency: Canvas Real Estate
Listed By: John Bassi
Source: Moodyscre
Added: Apr 9 Changed: Oct 25 Last Checked: Oct 28 at 12:07PM

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 Canvas Real Estate

Rey
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Investment Insights

Based on property information with market context.

Brand-new construction ground-floor retail space totaling 4,057 SF. The building features black iron capable, suited to retail and service buildouts that benefit from flexible interior presentation.

The space is located at the base of 368 beds/units of multifamily and student housing in the South Loop, creating a dense, walkable trade area.

This configuration supports concepts such as café, fast-casual, fitness, and neighborhood-serving uses.

Key Highlights

  • 4,057 SF brand‑new construction retail space in the South Loop
  • Located at the base of 368 beds/units of multifamily and student housing
  • Black iron available

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Discount Store Butcher Nursing Home Auto Repair Shop

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

18,551
Businesses Nearby
181k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 73% Hotels & Casinos 13% Apparel 10% Shops & Services 4%
Target Superstores
131,620 visits/mo 0.5 miles
H&M Apparel
18,041 visits/mo 0.5 miles
Renaissance Blackstone Hotel Hotels & Casinos
13,890 visits/mo 0.1 miles
Best Western Grant Park Hotel Hotels & Casinos
6,261 visits/mo 0.3 miles
Fifth Third Bank & ATM Shops & Services
4,367 visits/mo 0.2 miles

Demographics for 60605, IL

34,071
Population
20,478
Households
1.7
Avg Household Size
34
Median Age
82%
College-Educated
96%
High-School Grad
1.4 sq mi
ZIP Area
24,336
Density / Sq Mi
$118,403
Median Household Income
$82,091
Median Earnings
$2,402
Median Rent
$495,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Chicago, IL

$25.14 /SF/Yr
Avg Asking Price
$8–$114 /SF/Yr
Price Range
8,623 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

Frequently Asked Questions

What type of property is this?
Retail space - Brand-new construction retail space at the base of multifamily and student housing, totaling 4,057 SF.
Where is this retail space located?
The property is located at 626 S Wabash Ave Chicago, IL.
What are key features of this property?
This property features: 4,057 SF brand‑new construction retail space in the South Loop; Located at the base of 368 beds/units of multifamily and student housing; Black iron available
(708) 822-4583 · Office Call to check price and availability
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