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River North Park - Space Availability

320 W. Illinois Street, Chicago, IL 60654

  • For Lease Contact for pricing
  • Property Type Retail - Street Retail
  • Property Size 19,600 Sqft
  • Property Tenancy Multi-Tenant
  • Year Built 1985
  • Year Renovated 2019
  • Date Updated Sep 08, 2021
The Property is located within the near north side of Chicago in the bustling River North neighborhood. The building is part of a thriving community projected to experience a 6.04% population growth over the next five (5) years and has a median household income $107,187 within a one-mile radius. The Property is situated on an entire city block between Grand Avenue and Illinois Street (east/west thoroughfares) and between North Orleans Street and North Franklin Street (north/south thoroughfares). With this location, the building is situated in one of Chicago’s most densely populated neighborhoods (127,813 within a one-mile radius) along with excellent public transit options. The building is steps from the Merchandise Mart “L” station (Brown and Purple lines) and is also just west of the Grand “L” station (Red line). The Brown line has an average weekday ridership of 68,073 while the Purple line has an average weekday ridership of 10,413. It is worth noting that the building is surrounded by several tech companies that help drive a daytime employee population of approximately 453,000. Some of these companies include Groupon (HQ), Yelp, Spotify, Salesfores, Motorola, Braintree, GoHealth, 1871 and eBay, among others. Another feature of this location is the convenient access to the Kennedy Expressway (Interstate 90 and Interstate 94). Located just two (2) blocks north is the Ontario Street and Ohio Street feeder ramps. The nearby location of the feeder ramps provides vehicular commuters and delivery vehicles a direct route to and from the building. The building is also surrounded by an abundance of national and local retailers and is within walking distance to North Michigan Avenue, Chicago’s top shopping destination. Neighboring retailers include Whole Foods, Walgreens, Orange Theory, CorePower Yoga, Starbucks, FoxTrot, McDonald’s, Potbelly, Chick-Fil-A, Dunkin Donuts, Peet’s Coffee, Limitless Coffee, Gino’s Pizza, Lou Malnati’s UFC Gym, River North CrossFit, Supercuts, Portillo’s, and Chase Bank, among many others.
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Spaces Available

Name: A see moresee less
  • Space Type Retail
  • Lease Rate Contact for pricing
  • Total Space Available 5,977 Sqft
  • Divisible Space 5,977 - 5,977 Sqft
  • Available Date Immediate
  • Lease Type NNN
  • Renewal Option Yes
  • Sub Lease No
  • Suite A

Matthew Tarshis

Frontline Real Estate Partners

(847) 780-8063

Name: B see moresee less
  • Space Type Retail
  • Lease Rate Contact for pricing
  • Total Space Available 2,998 Sqft
  • Divisible Space 2,998 - 2,998 Sqft
  • Available Date Immediate
  • Lease Type NNN
  • Renewal Option Yes
  • Sub Lease No
  • Suite B

Matthew Tarshis

Frontline Real Estate Partners

(847) 780-8063

Location

  • City Chicago, IL
  • Neighborhood River North
  • Zip Code 60654
  • Market Chicago

Contacts

Matthew Tarshis

Frontline Real Estate Partners

(847) 780-8063

Highlights

  • Prime location just two blocks off from the downtown feeder ramp and located in the heart of one of Chicago’s most affluent neighborhoods (River North).
  • Newer multifamily development in the area increases density and brings with it a need for additional service-oriented uses.
  • Excellent leasing opportunity at the base of a new mixed-use property with high-end amenities.
  • Join co-tenants Orizzonti, UPS, Domino’s Pizza, Re’Luxe, Ora Dental Studio and Pups Pet Club.
  • With the current zoning, ownership has ability to lease the remaining vacancies to a range of retail, restaurant, office and medical office tenants.
  • The spaces feature flexible unit sizes and layouts for an array of potential tenants and users.
  • Tenant signage opportunities available with visibility and exposure to 17,000 VPD along Grand Avenue and 21,400 VPD along Orleans Street, in addition to heavy pedestrian traffic.
  • River North has approximately 127,000 residents that live within a one-mile radius of the Property featuring an average household income of $107,187.
  • Approximately 645,000 daytime employees within one (1) mile of radius.
  • Situated in an area with numerous completed/active new developments, demonstrating tenants desire to be part of the River North neighborhood.
  • Potential to provide parking for commercial tenants.
  • Conveniently located steps from the Merchandise Mart “L” station (Brown and Purple lines) as well the Grand “L” station (Red line).
  • Located two (2) blocks from the Ontario Street/Ohio Street feeder ramps, providing direct access to the Kennedy Expressway (Interstate 90 and Interstate 94), other neighborhoods in the city, and the entire interstate system.

Frequently Asked Questions

What is the largest space available at River North Park?

Currently, the largest rentable space at River North Park totals 5,977 square feet.

What is the total square footage of River North Park?

River North Park totals 19,600 square feet.

When was this property built?

River North Park was built in 1985.

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Contact Listing Broker

Matthew Tarshis

Frontline Real Estate Partners

(847) 780-8063

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