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Retail Space Near Magnificent Mile
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For Lease
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747 N Wabash Ave, Chicago, IL 60611

An immediately available storefront is positioned among several major institutional and retail activity centers.

Space Size4,105 SF
Days on Market2

Property Features for 747 N Wabash Ave

General Information

Standard status Active
Size 4,105 SF
Property subtype RETAIL

Additional Details

Available From Immediate

Spaces For Lease

at 747 N Wabash Ave
49 E Chicago Ave AVAILABLE, Now
Floor 1
Size 4,105 SF
Type RETAIL
Rate Contact for pricing
Sublease No
-Steps from Chicago’s Magnificent Mile; situated at the crossroads of the River North, Gold Coast, and Streeterville trade areas -Surrounded by major activity drivers including Loyola University’s Water Tower Campus, Northwestern Memorial Hospital, and Lurie Children’s Hospital -Easily accessible via multiple public transportation options, including the CTA Red Line Station at State & Chicago with nearly 2.5 million riders annually -Available Immediately
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Listing Agency: Mid-America Real Estate Group | Chicago
Listed By: Dan Tausk
Source: Moodyscre
Added: Oct 15 Changed: Oct 16 Last Checked: Oct 16 at 2:08PM

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 Mid-America Real Estate Group | Chicago

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Investment Insights

Based on property information with market context.

This 4,105-square-foot retail space at 747 N Wabash Ave is available for lease immediately. Its location places the space near Chicago’s Magnificent Mile and among the River North, Gold Coast, and Streeterville trade areas.

Nearby activity drivers include Loyola University’s Water Tower Campus, Northwestern Memorial Hospital, and Lurie Children’s Hospital. The CTA Red Line station at State and Chicago is one of several public transportation options in the area; it records nearly 2.5 million riders annually.

Key Highlights

  • 4,105‑square‑foot retail space available immediately
  • Near Chicago’s Magnificent Mile and the River North, Gold Coast, and Streeterville trade areas
  • Nearby institutions include Loyola University’s Water Tower Campus, Northwestern Memorial Hospital, and Lurie Children’s Hospital

Property Analytics

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Current Use

Doctor Sugar, Chicago ... Dental Office The Bernardin Parking Lot & Garage Ideas to Action Consultant The San Jose Group Advertising Agency The Bernardin Apartments Real Estate Agency

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Restaurant Tattoo & Piercing Shop Nursing Home Pet Grooming Service

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

27,099
Businesses Nearby
639k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 57% Apparel 24% Hotels & Casinos 14% Shops & Services 5%
Nordstrom Apparel
136,729 visits/mo 0.3 miles
Starbucks Dining
132,317 visits/mo 0.2 miles
McDonald's Dining
65,567 visits/mo 0.3 miles
McDonald's Dining
52,443 visits/mo 0.1 miles
Fogo de Chao Dining
28,749 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Chicago, IL

$25.24 /SF/Yr
Avg Asking Price
$8–$114 /SF/Yr
Price Range
8,899 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 - An immediately available storefront is positioned among several major institutional and retail activity centers.
Where is this retail space located?
The property is located at 747 N Wabash Ave Chicago, IL.
What are key features of this property?
This property features: 4,105‑square‑foot retail space available immediately; Near Chicago’s Magnificent Mile and the River North, Gold Coast, and Streeterville trade areas; Nearby institutions include Loyola University’s Water Tower Campus, Northwestern Memorial Hospital, and Lurie Children’s Hospital
(630) 954-7347 Call to check price and availability
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