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Property profile & analytics
OFF-MARKET
Commercial real estate

1300 Randolph St Chicago, IL 60607

9,340 SF
Property ID
US28-5319324
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Total area 9,340 SF
UPID US28-5319324
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
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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