Property profile

1122 W Randolph St Chicago, IL 60607

FOR LEASE
Industrial properties
Property ID
US28-2401370
9,700 SF 0.15 ac lot Built 1919
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional retail property, located at 1122 W Randolph Street in Chicago's vibrant West Loop neighborhood (zip code 60607), offers a total of 13,258 square feet across two suites. The building is a two-story structure, currently fully vacant and ready for immediate occupancy. Each suite offers a generous 6,629 square feet of contiguous space, representing a significant opportunity for a single tenant or the potential for two complementary businesses. The minimum divisible space is also 6,629 square feet, providing flexibility for various business needs. The property is zoned C1-3, allowing for a wide range of commercial uses within Cook County. Its strategic location in the bustling West Loop provides excellent visibility and accessibility, making it an ideal location for businesses seeking high foot traffic and a strong presence in a thriving commercial district. The property's size and layout offer significant potential for customization and adaptation to suit a variety of retail concepts. This is a rare opportunity to secure a substantial retail space in a prime Chicago location. The property is available for lease.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1919
Total area 9,700 SF
Lot 0.15 ac (6,565 SF)
APN 17-08-428-009
UPID US28-2401370

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
  • Big Box & Wholesale Store

Location

1122 W Randolph St Chicago, IL 60607
Chicago metro Census 833000 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$650k
Blend (final) Blend
$320k

Owner & transaction history

since 2024
5 recorded transactions
2024
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

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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More about this property
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