33 W Ontario St

Highlights

• Affluent Urban Consumer Base - The average household income within 1 mile is $185,896, with 32% of households earning over $200,000 annually. This affluent demographic supports strong retail spending across discretionary categories.
• Balanced Income from Diverse Tenant Uses - Income is evenly distributed across restaurant (43.5%), service (28.65%), and retail (27.85%), supporting stability and reducing category risk.
• Exceptional White-Collar Density and Education Levels - Over 93% of the 1-mile employed population works in white-collar occupations, and a striking 89% hold at least a bachelors degree, fueling demand for elevated retail and dining experiences.
• Immediate Value-Add Opportunity - The property includes a vacant 3,185 SF retail space, presenting over $200,000 of near-term NOI upside through lease-up.
• Located in Chicagos Premier River North Neighborhood - Positioned at the core of River North, 33 W Ontario offers direct access to one of Chicagos most vibrant urban neighborhoods known for its upscale residential towers, office density, and diningdriven retail mix.
• Long-Term Income Stability with 8.56-Year WALT - The property offers strong cash flow durability with a weighted average lease term of 8.56 years. This longterm lease profile provides investors with income stability and reduced rollover risk.
• Massive Daytime Foot Traffic - The property sits within a powerful employment hub, with a daytime population over 475,000 in the 1-mile radius alone, generating significant weekday foot traffic and demand for food, beverage, and convenience retail.
• Walkable, Transit-Rich Location - Nearly 30% of residents walk to work, and another 17% rely on public transportation, highlighting the propertys prime location within a highly walkable and commuterfriendly environment.

Location

Getting Around

• Walk Score ®

  99/100 Walker's Paradise

• Transit Score ®

  100/100 Rider's Paradise

• Bike Score ®

  84/100 Very Bikeable

Points of Interest