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    1122 Randolph St Chicago, IL 60607

    For Lease
    Contact for pricing

    West Loop gem, 13,258 SF, two suites.

    Lot size:
    13,258 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional retail property, located at 1122 W Randolph Street in Chicago's vibrant West Loop neighborhood (zip code 60607), offers a total of 13,258 square feet across two suites. The building is a two-story structure, currently fully vacant and ready for immediate occupancy. Each suite offers a generous 6,629 square feet of contiguous space, representing a significant opportunity for a single tenant or the potential for two complementary businesses. The minimum divisible space is also 6,629 square feet, providing flexibility for various business needs. The property is zoned C1-3, allowing for a wide range of commercial uses within Cook County. Its strategic location in the bustling West Loop provides excellent visibility and accessibility, making it an ideal location for businesses seeking high foot traffic and a strong presence in a thriving commercial district. The property's size and layout offer significant potential for customization and adaptation to suit a variety of retail concepts. This is a rare opportunity to secure a substantial retail space in a prime Chicago location. The property is available for lease.

    Property Features for 1122 Randolph St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    13,258 SF

    Building Details

    Stories
    2

    Unit(s) available at that property

    Space
    1st Floor
    Size
    6,629 SF
    Space
    2nd Floor
    Size
    6,629 SF

    HighLights

    • 13,258 SF available in a two‑story building in Fulton Market.
    • Corner building at Randolph and May Streets.
    • High‑visibility location with over 8,350 VPD and a Walk Score of 98.
    • Located near Fulton Market's Restaurant Row.
    • C‑zoned for retail, restaurant, or redevelopment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Y H Provision Wholesale Market

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Clothing Store Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6552241
    Latitude
    41.8845895

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    FAQs

    What type of property is this?
    Retail property - West Loop gem, 13,258 SF, two suites.
    Where is this retail property located?
    The property is located at 1122 Randolph St Chicago, IL.
    What are key features of this property?
    This property features: 13,258 SF available in a two-story building in Fulton Market.; Corner building at Randolph and May Streets.; High-visibility location with over 8,350 VPD and a Walk Score of 98.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1122 Randolph St Chicago, IL 60607
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