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Ground-Floor Retail with 15' Ceilings
For Lease
$30 SF/Yr

906 S Wabash, Chicago, IL 60605

Ground-floor retail space with 15' ceilings, built-in event/venue infrastructure, and existing bar with plumbing.

Space Size3,500 SF
Property Size8,662 SF
Days on Market127

Property Features for 906 S Wabash

General Information

Standard status Active
Size 3,500 SF
Property subtype Retail - Restaurant

Building Details

Building Size 8,662 SF
Units 2

Spaces For Lease

at 906 S Wabash Contact us

906 $30/SF/Yr

Size
3,500 SF
Type
Street Retail
Lease Type
NNN
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us
Listing Agency: SVN | Chicago Commercial
Listed By: Wayne Caplan · License #475132248
Source: Commercialcafe
Added: Apr 9 Changed: Aug 8 Last Checked: Jul 23 at 5:00PM

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 SVN | Chicago Commercial

Investment Insights

Based on property information with market context.

Available for rent, this ground-floor retail space offers substantial event/venue infrastructure and hospitality-ready improvements. The space includes two ADA-compliant bathrooms, HVAC, lighting, and electrical distribution, along with an existing bar with plumbing. With 15' high ceilings, the layout is designed to support restaurant or venue-style programming while remaining adaptable for other retail concepts.

Located in Chicago’s South Loop along the Roosevelt Road retail corridor, the property is described as centrally positioned among South Loop residents with proximity to Lake Shore Drive, Soldier Field, the Museum Campus, and walking distance to the Loop/CBD. Nearby co-tenancy highlighted in the marketing materials includes Trader Joe’s, Starbucks, Jewel Osco, Walgreens, Target, Five Guys, Eleven City Diner, Stan’s Donuts, Potbelly, and Chipotle.

The property is listed as zoned DX-12, which the remarks state allows a broad range of uses, including retail, restaurant, music or theater venue, medical/dental, fitness, and professional offices. Available immediately.

Key Highlights

  • Ground‑floor retail space with 15' high ceilings on Wabash Ave in Chicago’s South Loop
  • 3,500 SF 2nd‑generation event/venue space with built‑in infrastructure for hospitality and events
  • Infrastructure includes two ADA‑compliant bathrooms, HVAC, lighting, and electrical distribution

Property Analytics

Current Use

The Revival - Improv Theater Hotel & Motel FINGER SHEET Publishing House

Suggested Use

Top Pick Butcher Nursing Home (Bike/Boat/Book/etc) Store Florist Tanning Salon Restaurant

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
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

12,132
Businesses Nearby
227k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Superstores 58% Groceries 20% Hotels & Casinos 11% Apparel 8%
Target Superstores
131,620 visits/mo 0.3 miles
Jewel-Osco Groceries
46,012 visits/mo 0.4 miles
H&M Apparel
18,041 visits/mo 0.4 miles
Renaissance Blackstone Hotel Hotels & Casinos
13,890 visits/mo 0.2 miles
Best Western Grant Park Hotel Hotels & Casinos
6,261 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

Market

Lease Benchmarks for Chicago, IL

$31.5 /SF/Yr
Avg Asking Price
$18–$58 /SF/Yr
Price Range
5,069 SF
Avg Space Size

This space is priced 5% below the average of $31.5 /SF/Yr.

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?
Conventional restaurant - Ground-floor retail space with 15' ceilings, built-in event/venue infrastructure, and existing bar with plumbing.
Where is this conventional restaurant located?
The property is located at 906 S Wabash Chicago, IL.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: Ground‑floor retail space with 15' high ceilings on Wabash Ave in Chicago’s South Loop; 3,500 SF 2nd‑generation event/venue space with built‑in infrastructure for hospitality and events; Infrastructure includes two ADA‑compliant bathrooms, HVAC, lighting, and electrical distribution
More about this property
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