1300 Randolph St Chicago, IL 60607
This exceptional retail or restaurant space is situated at the base of a brand-new, 27-story luxury high-rise residential building, boasting 375 units. Located at the northwest corner of Randolph and Elizabeth Streets, this property offers unparalleled visibility and accessibility. The total building square footage is 9,340 square feet, currently entirely vacant and available for lease. The space is divisible to a minimum of 260 square feet, with a maximum contiguous space of 9,080 square feet. One space of 2,965 square feet is currently available. This prime location provides approximately 208 feet of frontage along Randolph Street, ensuring high foot traffic and excellent brand exposure. The property's strategic placement within the vibrant West Loop neighborhood offers immediate access to a dense population of residents and a thriving commercial district. This is a unique opportunity to establish a presence in a rapidly developing area with significant growth potential. The building's modern design and high-end residential component create a desirable environment for businesses seeking a sophisticated and upscale setting. The property is ideal for a variety of retail or restaurant concepts.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.