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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 Market1027

Property Features for 18 N Wabash Ave

General Information

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

Spaces For Lease

at 18 N Wabash Ave
18 N Wabash Ave $40/SF/Yr
Floor 1
Size 5,400 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- Discover an exceptional retail opportunity in the heart of Chicago’s vibrant East Loop, just steps away from Block 37 and a block from Millennium Park. This prime street-level space is perfectly suited for a medical tenant, salon, or spa, offering 18 private exam rooms designed for privacy and comfort. - The welcoming reception area invites clients in, creating a calming first impression. With high foot traffic and excellent visibility, your business will thrive in this bustling downtown location. Don’t miss the chance to secure this versatile space that combines convenience, luxury, and accessibility—ideal for any business looking to establish a strong presence in one of Chicago’s most sought-after neighborhoods.
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Listing Agency: Marc Realty
Listed By: Joe Storiz
Source: Moodyscre
Added: Dec 20, 2023 Changed: Oct 11 Last Checked: Oct 11 at 9:40AM

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

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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
$6.00 /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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Chicago, IL

$25.24 /SF/Yr
Avg Asking Price
$8–$114 /SF/Yr
Price Range
8,899 SF
Avg Space Size

This space is priced 59% above the average of $25.24 /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
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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 $40 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) 994-5656 Call to check price and availability
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