Property profile

1371 Randolph St Chicago, IL 60607

OFF-MARKET
Retail properties & Spaces
Built 2022
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Property summary

AI-generated overview

This exceptional Class A retail property, located at 1371 W Randolph St in Chicago, IL 60607, offers 4 available spaces ranging from 2,121 to 13,878 contiguous square feet. Built in 2022, the single building features a total of 3 suites, perfect for multiple tenants or a single large occupant. The property boasts a modern design with abundant natural light, creating an inviting atmosphere ideal for a variety of businesses, including restaurants and grocery stores. Its zoning is DX-3, and the flexible floor plans allow for customization to suit individual tenant needs. Situated in Chicago's vibrant West Loop neighborhood, this location provides unparalleled visibility and accessibility, benefiting from the area's thriving business district, renowned dining scene, art galleries, and active nightlife. The property's prime location ensures high foot traffic and excellent exposure to a diverse clientele. This is a unique opportunity to establish a presence in one of Chicago's most dynamic and sought-after commercial areas. The minimum divisible space is 2,121 square feet.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2022

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Parking Lot & Garage

Location

1371 Randolph St Chicago, IL 60607
Chicago metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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