West Loop Retail Condo For Sale

954 W Monroe St, Chicago, IL 60607

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For Sale

$1,300,000

2,518 SF retail condo in Chicago's West Loop.

Type:NNN Single Tenant 7-Eleven

Property size:

2,518 SF

Price / SF:

$516/SF

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.

We can help!

Contact an agent

Nicholas Manganais

For Sale

$1,300,000

2,518 SF retail condo in Chicago's West Loop.

Type:NNN Single Tenant 7-Eleven

Property size:

2,518 SF

Price / SF:

$516/SF

Added:: Nov 21, 2025
Days on Market:: 225
Last Refresh:: May 8 at 11:29 pm

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

We can help!

Contact an agent

Nicholas Manganais

Listing office

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 Location Intelligence

Current Use by Public Records

7-Eleven Grocery & Convenience Store Cardtronics Atm Western Union Bank

Suggested Use

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Location Insight

Map
Local Demand

City: Chicago
County: Cook
State: Illinois
Longitude: -87.6515
Latitude: 41.8806

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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.

954 W Monroe St, Chicago, IL 60607

2,518 SF retail condo in Chicago's West Loop.

Property Features for 954 W Monroe St

General Information

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

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Convenience Store Retail Building with Parking

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