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Corner Retail Building Opportunity
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901 W Lake Street, Chicago, IL 60607

Full-building retail or restaurant space on a prominent corner for a standalone concept.

Space Size2,488 SF - 2,969 SF
Property Size25,000 SF
Days on Market57

Property Features for 901 W Lake Street

General Information

Standard status Active
Size 2,488 SF - 2,969 SF
Property subtype Retail, Restaurant

Building Details

Building Size 25,000 SF
Tenancy Multiple

Spaces For Lease

at 901 W Lake Street Contact us

901 W Lake

Type
Restaurant, Retail
Lease Type
NNN
Availability
Active
Contact us

Retail 1

Size
2,928 SF
Type
Restaurant, Retail
Availability
Active
Contact us

Retail 2

Size
2,876 SF
Type
Restaurant, Retail
Availability
Active
Contact us

Retail 3

Size
2,969 SF
Type
Restaurant, Retail
Availability
Active
Contact us

Retail 4

Size
2,488 SF
Type
Restaurant, Retail
Availability
Active
Contact us
Listing Agency: Canvas Real Estate
Listed By: Michael Wallace · License #IL 475211525
Source: Crexi
Added: Jun 17 Changed: Aug 8 Last Checked: Aug 10 at 12:21PM

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

Investment Insights

Based on property information with market context.

901 W. Lake St. offers a full-building opportunity totaling 25,000 SF, positioned for retail space and conventional restaurant use. The property is presented as a standalone site, giving an operator the ability to tailor the space to a single concept rather than working within a shared suite setup.

The building sits on a prominent corner at Lake & Peoria in Chicago’s Fulton Market area. According to the property remarks, the location is in the epicenter of continued office, residential, and hospitality growth, aligning well with concepts seeking a distinct, street-facing presence.

This configuration can fit tenants looking for a dedicated retail or restaurant footprint that benefits from a corner setting. From a business perspective, a full-building layout is typically advantageous for operators who need control over their entrance, customer flow, and overall guest experience in one cohesive space.

Key Highlights

  • 25,000 SF full‑building retail or restaurant space
  • Located on the prominent corner of Lake & Peoria
  • Available as a full‑building option suitable for a standalone concept

Property Analytics

Current Use

Pastorelli Food Products, ... Industrial Manufacturer Meat Fan Museum

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nursing Home Buffet Auto Parts Store Restaurant Clothing & Fashion Store

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

10,519
Businesses Nearby
247k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 41% Groceries 36% Hotels & Casinos 13% Shops & Services 6%
Whole Foods Market Groceries
48,567 visits/mo 0.3 miles
Punch Bowl Social Dining
48,113 visits/mo 0.1 miles
Jewel-Osco Groceries
37,290 visits/mo 0.3 miles
Hampton Inn Chicago Downtown West Loop Hotels & Casinos
16,073 visits/mo 0.3 miles
Shake Shack Dining
14,493 visits/mo 0.1 miles

Demographics for 60607, IL

31,816
Population
16,540
Households
1.9
Avg Household Size
31
Median Age
81%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
13,833
Density / Sq Mi
$126,307
Median Household Income
$79,870
Median Earnings
$2,333
Median Rent
$494,300
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$25.68 /SF/Yr
Avg Asking Price
$8–$80 /SF/Yr
Price Range
8,912 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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Full-building retail or restaurant space on a prominent corner for a standalone concept.
Where is this retail space located?
The property is located at 901 W Lake Street Chicago, IL.
What are key features of this property?
This property features: 25,000 SF full‑building retail or restaurant space; Located on the prominent corner of Lake & Peoria; Available as a full‑building option suitable for a standalone concept
(614) 537-2403 Call to check price and availability
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