Property profile

1220 Jackson Blvd Chicago, IL 60607

OFF-MARKET
Retail properties & Spaces
128,603 SF Built 2019
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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

Current use

Occupant on record · Public records
  • Apartment Building

Location

1220 Jackson Blvd 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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