465 N. Carpenter Street

465 North Carpenter Street, Chicago, IL 60642

Property Information

  • For Lease Contact for pricing
  • Property Type Retail - Street Retail
  • Property Size 20,415 SF
  • Units 72
  • Lot Size 1.14 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 2026
  • Date Updated May 18, 2026

Description

The Property is a brand new mixed-use building located at 465 N. Carpenter Avenue in Chicago’s West Loop neighborhood. The West Loop is one of the fastest growing and affluent neighborhoods in Chicago with a population of over 500,000 within three (3) miles and an average household income of over $157,000 within one (1) mile of the Property. The development features excellent accessibility being at the corner of Grand Avenue and Carpenter Avenue, located within a 1/4 mile west of Interstate-90 and just over one (1) mile north of Interstate-290. Additionally, the Property is steps from the Grand Blue Line “L” Station and less than one (1) mile from Ogilvie Transportation Center. With this location, the immediate area features a variety of new developments including retail, office, mixed-use, and multi-family. There are a number of global brand office tenants including McDonalds, John Deere, Mondelez, WeWork, and KPMG, among others. The Property is also just north of Fulton Street and Randolph Street, two of the hottest commercial corridors in Chicago featuring a number of high-end restaurants and national retail stores. Neighboring retailers include Lululemon, Billy Reid, Warby Parker, Allbirds, Patagonia and a number of restaurants including Swift & Sons, Elina’s, Monteverde, Girl & The Goat, Roister, Rose Mary, Lyra, Timeout Market, ABA, Publican, Au Cheval, Loyalist and Small Cheval, among many others.Opportunity to lease ground-floor retail in a brand-new 72-unit luxury apartment building in Fulton Market. Scheduled for completion in June 2026, 455 Carpenter offers retailers a prime chance to establish a presence in one of the city’s most dynamic and fast-growing markets. Ideally positioned at the southeast corner of Grand Avenue and Carpenter Street, the property features exceptional visibility and prominent signage opportunities along the building’s north façade fronting the Kennedy Expressway (~226,000 VPD) and Grand Avenue (~9,000 VPD). The retail space will be delivered in vanilla box condition and includes floor-to-ceiling windows, black iron compatibility, with limited on-site parking.

Highlights

  • Black Iron Compatible
  • Dedicated parking is available (limited availability)
  • Opportunity to lease retail space at the base of a brand new 72-unit apartment building in Chicago's dynamic Fulton Market
  • Rare signage opportunity facing the Kennedy Expressway providing exposure to over 226,000 VPD
  • Spacious interior with excellent natural lighting throughout via floor to ceiling windows

1 Space Available

465 N. Carpenter Street

Space Type

Street Retail

Lease Rate

Contact for pricing

Total Space

3,610 SF

Divisible Space

3,610 - 3,610 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Contacts

Matthew Tarshis

Frontline Real Estate Partners

Location

Located at 465 North Carpenter Street, Chicago, IL 60642, this property is part of the West Town neighborhood and Chicago market.

Contact Listing Broker
Matthew Tarshis

Frontline Real Estate Partners

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