West Loop Retail Condo For
954 W Monroe St, Chicago, IL 60607
2,518 SF retail condo in Chicago's West Loop.
Type:NNN Single Tenant 7-Eleven
Property size:
2,518 SFPrice / SF:
$516/SF- Added:
- Nov 21, 2025
- Days on Market:
- 179
- Last Refresh:
- Apr 6 at 12:41 am
Property Features for 954 W Monroe St
General Information
- Standard status
- Active
- Size
- 2,518 SF
- Property subtype
- NNN Single Tenant 7-Eleven
Building Details
- Year Built
- 2005
Listing agent Nicholas Manganais (312) 756-7332
Listing office (312) 756-7332
Listing date Nov 21, 2025
Source Svnchicago
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 Nicholas Manganais
HighLights
- Corporate NNN lease with rent payable by 7‑Eleven until May 31, 2030, despite the store being currently dark.
- Prime location in Chicago's trendy West Loop, adjacent to the Fulton Market area.
- Investment‑grade tenant (7‑Eleven) with A and Baa2 ratings.
- Located at the lighted intersection of Monroe and Morgan Streets within a 101‑unit condo building.
- Tenant exercised its 2nd 5‑year extension in June 2024, demonstrating commitment to the location.
- Includes two (2) interior parking spaces leased to 7‑Eleven, providing additional income.
Overview
This street-level retail condo unit is located at the lighted intersection of Monroe and Morgan in Chicago’s West Loop, adjacent to the Fulton Market area. The 2,518 square feet property is located at the base of the 101-unit 950 Monroe condo building, constructed in 2005. The property includes two interior parking spaces. The tenant exercised its second 5-year extension in June of 2024, extending the lease term to May 31, 2030. In September 2024, the tenant decided to close this store along with 500 other stores. The store is presently dark with rent payable until May of 2030. The tenant leases two indoor heated parking spaces and pays condo association dues, real estate taxes, and all utilities. The location is in downtown Chicago's West Loop.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
7-Eleven
Grocery & Convenience Store
Cardtronics
Atm
Western Union
Bank
Similar Places Nearby
- Mariano's Tastemaker Kitchen — 40 s halsted st, chicago, il 60661
- Target Grocery — 1101 W Jackson Blvd, Chicago, IL 60607
- Nuts on Clark — 500 W Jackson Blvd, Chicago, IL 60661
- Miracle Foods Global — 1016 W Jackson Blvd, Chicago, IL 60607, United States
- Joomak - Popup — 1000 W Fulton Market, Chicago, IL 60607
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6515
- Latitude
- 41.8806
Nearby Similar for Sale
FAQs
What type of property is this?
Grocery and convenience store - 2,518 SF retail condo in Chicago's West Loop.
Where is this grocery and convenience store located?
The property is located at 954 W Monroe St Chicago, IL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Corporate NNN lease with rent payable by 7‑Eleven until May 31, 2030, despite the store being currently dark.; Prime location in Chicago's trendy West Loop, adjacent to the Fulton Market area.; Investment‑grade tenant (7‑Eleven) with A and Baa2 ratings.
