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Prime Retail Space in Chicago
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18 N Wabash Ave, Chicago, IL 60602

Exceptional retail opportunity in Chicago's vibrant East Loop.

Space Size5,400 SF
Days on Market1452

Property Features for 18 N Wabash Ave

General Information

Standard status Active
Size 5,400 SF
Property subtype Retail
Lease Type NNN

Building Details

Building Size 5,400 SF
Tenancy Single

Spaces For Lease

at 18 N Wabash Ave Contact us

Suite 100

Size
5,400 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Marc Realty
Listed By: Joe Storiz · License #IL
Source: Crexi
Added: Sep 3, 2022 Changed: Aug 24 Last Checked: Aug 22 at 11:51AM

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 Marc Realty

Investment Insights

Based on property information with market context.

This retail space is located in the East Loop of Chicago, near Block 37 and one block from Millennium Park. The street-level space is suitable for any business, with high foot traffic and visibility. The space is divisible from 1,500 to 5,400 square feet, offering versatility for establishing a presence in a sought-after neighborhood.

Key Highlights

  • Prime East Loop location, steps from Block 37 and one block from Millennium Park.
  • High foot traffic and excellent visibility.
  • Versatile space suitable for any business.

Property Analytics

Current Use

JIAO by Qing ... Restaurant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Buffet Adult Day Care Clothing & Fashion Store Tanning Salon

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
$7.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

35,699
Businesses Nearby
94k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 38% Shops & Services 34% Apparel 15% Dining 13%
theWit Chicago - a DoubleTree by Hilton Hotel Hotels & Casinos
35,939 visits/mo 0.4 miles
BP Shops & Services
25,664 visits/mo 0.3 miles
Saks OFF 5TH Apparel
13,751 visits/mo 0.1 miles
McDonald's Dining
9,419 visits/mo 0.4 miles
Fifth Third Bank & ATM Shops & Services
4,367 visits/mo 0.5 miles

Demographics for 60602, IL

1,261
Population
551
Households
2.3
Avg Household Size
39
Median Age
49%
College-Educated
97%
High-School Grad
0.1 sq mi
ZIP Area
12,610
Density / Sq Mi
$123,047
Median Household Income
$43,500
Median Earnings
$2,775
Median Rent
$383,300
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$25.66 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
9,377 SF
Avg Space Size

This space is priced 95% above the average of $25.66 /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
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Frequently Asked Questions

What type of property is this?
Retail space - Exceptional retail opportunity in Chicago's vibrant East Loop.
Where is this retail space located?
The property is located at 18 N Wabash Ave Chicago, IL.
What is the lease rate?
The lease rate is $50 SF/Yr.
What are key features of this property?
This property features: Prime East Loop location, steps from Block 37 and one block from Millennium Park.; High foot traffic and excellent visibility.; Versatile space suitable for any business.
(312) 884-5400 Call to check price and availability
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