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    OFF-MARKET
    Retail properties & Spaces

    1220 Jackson Blvd, Chicago, IL 60607

    128,603 SF Built 2019
    Property ID
    Property summary
    AI-generated overview

    This exceptional 7,000 square foot retail space is located within The Jax, a newly constructed (2019) 166-unit apartment building in Chicago's vibrant West Loop neighborhood. Boasting approximately 180 feet of frontage along Jackson Boulevard (8,500 vehicles per day), this ground floor space offers significant visibility and accessibility. The space features 13-foot ceilings, floor-to-ceiling windows, and a flexible layout adaptable to various retail concepts. Black-iron compatibility is available. On-site parking is provided. The location benefits from its proximity to Randolph Street, the Illinois Medical District, and Whitney Young High School (approximately 2,100 students), ensuring a diverse and substantial customer base. The area is experiencing significant growth, with an estimated 4,800 additional residential units planned or approved by the end of 2024, adding to the existing 26,000 households within a one-mile radius. Convenient access to the Eisenhower Expressway and the Racine "L" Station (Blue Line) further enhances the property's appeal. The total building size is 128,603 square feet, with this space representing a unique opportunity within a thriving community. The space is part of a larger, single-suite building.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2019
    Total area 128,603 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • The Jax Apartment Building
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
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