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Retail Space in Luxury Tower
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200 E Illinois St, Chicago, IL 60611

Retail space in luxury tower near Michigan Avenue and landmarks.

Space Size2,555 SF
Days on Market1371

Property Features for 200 E Illinois St

General Information

Standard status Active
Size 2,555 SF
Property subtype RETAIL

Site & Location

Neighborhood Streeterville

Spaces For Lease

at 200 E Illinois St
200 E Illinois St AVAILABLE, Now
Floor 1
Size 2,555 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- Located in the aston – a 42 story luxury apartment tower with 325 high-end units. - 7,728 sf 2nd generation restaurant space with frontage on illinois st; unique opportunity for 2 venting systems - Ideal for coal fire cooking and barbeque. 2,555 sf with frontage on st. Clair next to volare and the hampton social; black iron available. - The site sits next to iconic chicago landmarks such as the wrigley building, tribune tower, navy pier and the magnificent mile. - The site is also adjacent to the intercontinental hotel with 792 rooms, and the optima signature with over 500 residential units. - The planned tribune tower east development across the street will stand 102 stories tall with a 200 room hotel and 564 condos and apartments. - Exceptional shopping and dining on michigan avenue around the corner, a whole foods next door and immediate accessibility to the chicago riverwalk and lakefront trail. - Frontage on st. Clair street next to volare and the hampton social - Black iron available - perfect for prep kitchens and delivery providers - Unique opportunity for 2 venting systems - ideal for coal fire cooking and barbeque - Excellent position for service users with 325 units within the building and hundreds more on the block - Streeterville is positioned just steps from the dense tourist population and popular retail destinations of the magnificent mile portion of michigan avenue including water tower place (over 100 stores). - The eighborhood features several hotels including the hyatt, marriott fairfield inn, omni hotel, loews hotel, and warwick allerton. Streeterville is also home to the second most popular tourist destination in illinois, navy pier. - Dynamic location with exceptional shopping, dining and entertainment all within walking distance.
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Listing Agency: Baum Realty
Listed By: Doug Renner · License #475151752
Source: Moodyscre
Added: Jan 24, 2023 Changed: Oct 25 Last Checked: Oct 24 at 7:43PM

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 Baum Realty

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Investment Insights

Based on property information with market context.

Located in The Aston, a 42-story luxury apartment tower featuring 325 high-end units, this retail space is positioned near iconic Chicago landmarks, including The Wrigley Building, Tribune Tower, and Navy Pier, as well as The Magnificent Mile. The site is adjacent to the InterContinental Hotel, which has 792 rooms, and Optima Signature, which contains over 500 residential units. The planned Tribune Tower East Development across the street will be 102 stories tall and include a 200-room hotel, along with 564 condos and apartments. The location offers access to shopping and dining on Michigan Avenue, a Whole Foods Market, the Chicago Riverwalk, and the Lakefront Trail. Qiao Lin Hotpot has recently opened in the building.

Key Highlights

  • Luxury apartment in The Aston, a 42‑story high‑end tower.
  • Prime location near Wrigley Building, Tribune Tower, Navy Pier, and Magnificent Mile.
  • Adjacent to InterContinental Hotel and Optima Signature.

Property Analytics

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Current Use

Never boring Flooring General Contractor Aston Chicago Apartments Real Estate Agency Pelican Stay Chicago's ... Vacation Rental Sovereign Advisors, Inc. Financial Advisor Tommy Moore Design ... Marketing & Advertising

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Nursing Home Butcher Buffet Adult Day Care

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

28,995
Businesses Nearby
424k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 36% Apparel 32% Hotels & Casinos 26% Shops & Services 6%
Nordstrom Apparel
136,729 visits/mo 0.3 miles
Starbucks Dining
132,317 visits/mo 0.3 miles
theWit Chicago - a DoubleTree by Hilton Hotel Hotels & Casinos
35,939 visits/mo 0.5 miles
Sheraton Grand Chicago Riverwalk Hotels & Casinos
28,646 visits/mo 0.1 miles
Hampton Inn & Suites Chicago Downtown By Hilton Hotels & Casinos
26,716 visits/mo 0.5 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

$25.14 /SF/Yr
Avg Asking Price
$8–$114 /SF/Yr
Price Range
8,876 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 - Retail space in luxury tower near Michigan Avenue and landmarks.
Where is this retail space located?
The property is located at 200 E Illinois St Chicago, IL.
What are key features of this property?
This property features: Luxury apartment in The Aston, a 42‑story high‑end tower.; Prime location near Wrigley Building, Tribune Tower, Navy Pier, and Magnificent Mile.; Adjacent to InterContinental Hotel and Optima Signature.
(312) 275-3137 Call to check price and availability
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