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Open-Plan Retail Space
For Sale
Contact for pricing
Pending

647 W Randolph St, Chicago, IL 60661

Flexible commercial space with restaurant, medical, and service-use potential, available immediately.

Property Size5,154 SF
Days on Market142

Property Features for 647 W Randolph St

General Information

Standard status Pending
Size 5,154 SF
Total Parking Spaces 2
Property subtype Retail

Amenities

open floorplan
14' ceilings
Listing Agency: @properties Commercial
Listed By: Mike Rourke · License #IL 471016816
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 5:42PM

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 @properties Commercial

Investment Insights

Based on property information with market context.

This retail space at 647 W Randolph St provides 5,154 SF in a clean, open configuration with 14-foot ceilings. The layout is suited to restaurant, medical, and service uses, with immediate availability for occupancy. Two indoor parking spaces are included.

The property sits on Randolph near the Kennedy Expressway, at an entrance to Restaurant Row. Highway signage is available with exposure to more than 250,000 vehicles per day on the Kennedy Expressway, adding a prominent branding opportunity for an occupant.

Key Highlights

  • 5,154 SF retail space with a clean, open floorplan
  • 14' ceilings support a spacious interior configuration
  • Highway signage available to over 250,000 VPD on the Kennedy Expressway

Property Analytics

Current Use

Aayu Clinics | Naturopathic ... Alternative Medicine Practice Chicago Covid Testing ... Medical Laboratory

Suggested Use

Top Pick Buffet Clothing & Fashion Store Adult Day Care Restaurant Nursing Home Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

17,827
Businesses Nearby
296k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 49% Dining 32% Hotels & Casinos 11% Shops & Services 6%
H Mart Groceries
57,270 visits/mo 0.4 miles
Whole Foods Market Groceries
48,567 visits/mo 0.1 miles
Punch Bowl Social Dining
48,113 visits/mo 0.3 miles
Jewel-Osco Groceries
37,290 visits/mo 0.4 miles
Hampton Inn Chicago Downtown West Loop Hotels & Casinos
16,073 visits/mo 0.2 miles

Demographics for 60661, IL

11,987
Population
8,049
Households
1.5
Avg Household Size
32
Median Age
88%
College-Educated
99%
High-School Grad
0.3 sq mi
ZIP Area
39,957
Density / Sq Mi
$138,831
Median Household Income
$105,935
Median Earnings
$2,403
Median Rent
$397,700
Median Home Value

Market

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
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Frequently Asked Questions

What type of property is this?
Retail space - Flexible commercial space with restaurant, medical, and service-use potential, available immediately.
Where is this retail space located?
The property is located at 647 W Randolph St Chicago, IL.
What are key features of this property?
This property features: 5,154 SF retail space with a clean, open floorplan; 14' ceilings support a spacious interior configuration; Highway signage available to over 250,000 VPD on the Kennedy Expressway
(312) 505-1610 Call to check price and availability
More about this property
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