2014-2036 SOUTH MICHIGAN AVENUE | CHICAGO, IL 60616
First & Second Floor Retail And Office Space For Lease In Chicago's South Loop
2014-2036 SOUTH MICHIGAN AVENUE | CHICAGO, IL 60616
D E TA I L S
First Floor Second Floor Lease Rate Lot Size Year Built Renovated Zoning Market Sub Market Cross Streets
2,200- 18,864 SF Up To 20,675 SF
Negotiable 0.48 Acres
1951 2017 DX-5 Cook County South Loop East 21st Street And South Michigan Avenue
PROPERTY OVERVIEW
First and second floor retail or office spaces available for lease in Chicago's South Loop. Located just a few blocks from Chicago's Central Business District. The property was recently renovated in 2017 and is an ideal fit for a variety of retail, restaurant, office or medical office tenants. Both first and second floor units contain a raw, open interior with vaulted (15'-23') ceilings. Can accommodate restaurants requiring black iron. Tenant signage available along S. Michigan Avenue. Additionally, the property is located two (2) blocks from the Roosevelt "L" station (Red, Orange & Green lines), the interstate system (I-55) and Lake Shore Drive. Neighboring retailers include Mariano's, Jewel-Osco, Trader Joe's , Walgreens, Starbucks, PNC Bank, Chase, Dunkin' Donuts, UFC Gym and many more.
PROPERTY HIGHLIGHTS
? Prime leasing opportunity for a retail or office user in the heart of the South Loop just a few blocks from the CBD
? Parking Lot adjacent to the property offers on-site parking for tenants
? Extremely dense area with 44,000 households within a 2-mile radius
Frontline Real Estate Partners 477 Elm Place Highland Park, IL 60035
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or otther conditions, prior sale, lease or financing, or withdrawal without notice.
MATTHEW TARSHIS Vice President mtarshis@ (P) 847.780.8063 (C) 847.542.9058
ANDREW RUBIN Vice President arubin@ (P) 224.628.4005 (C) 224.628.4005
ZACK PEARLSTEIN Associate zpearlstein@ (P) 847.275.6106 (C) 847.275.6106
FOR LEASE
First & Second Floor Retail and Office Space For Lease in Chicago's South Loop
2014-2036 South Michigan Avenue | Chicago, IL 60616
PROPERTY DESCRIPTION
SOUTH LOOP DEVELOPMENTS
One of the primary highlights the property offers is the rapidly growing community. Thanks to the properties proximity to the central business district, top parks, cultural attractions and schools, Chicago's South Loop has started to become one of the hottest markets for newer construction. Some of the newer developments under construction will include, eight (8) high-rise apartment buildings, two (2) hotel expansions, office buildings and even DePaul's new Wintrust Arena, just minutes away from subject offering. All of these new developments will provide additional exposure to the property but it will also create a more vibrant community.
WINTRUST ARENA
DePaul University's new sporting area is located at 200 East Cermak Road. The new arena is a part of the university's redevelopment plan to transform the South Loop campus and the surrounding neighborhood into a vibrant entertainment district. The building features a 10,000 person capacity, an indoor parking garage, luxury suites and two (2) VIP lounges. The arena has multiple uses ranging from men's and women's basketball games, concerts, family shows and business conventions to name a few. The arena is expected to open in Fall 2017.
ESSEX ON THE PARK
This new development is a 56-story project located at 808 South Michigan Avenue. The former parking garage is being replaced by a high rise apartment building that will include 479 high-end rental apartments, ground floor retail space and an indoor parking garage. The new skyscraper will coincide with the 14-story Essex Inn however the new structure will be rental apartments only and will contain amenities such as a restaurant, elevated bar and an indoor winter garden.
1326 SOUTH MICHIGAN AVENUE
A new 47-story apartment complex has broken ground in Chicago's South Loop. The former parking lot is being redeveloped into a glassy, modernized apartment complex which is expected to hold over 500 rental units. The development will feature 7,500 square feet of ground retail space, parking garage, a dog park, rooftop pool and lounge space fo
Frontline Real Estate Partners 477 Elm Place Highland Park, IL 60035
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or otther conditions, prior sale, lease or financing, or withdrawal without notice.
MATTHEW TARSHIS Vice President mtarshis@ (P) 847.780.8063 (C) 847.542.9058
ANDREW RUBIN Vice President arubin@ (P) 224.628.4005 (C) 224.628.4005
ZACK PEARLSTEIN Associate zpearlstein@ (P) 847.275.6106 (C) 847.275.6106
41 SHEDD AQUARIUM
FIELD MUSEUM
S CLARK ST STATE STREET S WABASH AVE
LAKE SHORE DRIVE
M LOUNGE
CHICAGO FIREHOUSE
VICE DISTRICT BREWING COMPANY
CYCLE BIKE SHOP WEATHER MARK TAVERN BELLA BRONZE TAN GIORDANO DANCE
SOLDIER FIELD
S ARCHER AVE
CHINATOWN
S CLARK ST
STATE STREET S MICHIGAN AVE
S INDIANA AVE
ACADIA REGGIE'S
SOUTH COAST SUSHI
IMAZAKI DOJO
41
SOUTH LOOP MARKET
W 18TH STREET SPOKE & THE BIRD
LA CANTINA
SITE
LINCOLN'S CHALLENGE
ACADEMY (Military Youth Corps)
PIZANO'S PIZZA
W CERMAK RD VELVET LOUNGE
MOTOR ROW BREWING
MCCORMICK PLACE
55
41
FOR LEASE
First & Second Floor Retail and Office Space For Lease in Chicago's South Loop
2014-2036 South Michigan Avenue | Chicago, IL 60616
LOCATION MAPS
Frontline Real Estate Partners 477 Elm Place Highland Park, IL 60035
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or otther conditions, prior sale, lease or financing, or withdrawal without notice.
MATTHEW TARSHIS Vice President mtarshis@ (P) 847.780.8063 (C) 847.542.9058
ANDREW RUBIN Vice President arubin@ (P) 224.628.4005 (C) 224.628.4005
ZACK PEARLSTEIN Associate zpearlstein@ (P) 847.275.6106 (C) 847.275.6106
FOR LEASE
First & Second Floor Retail and Office Space For Lease in Chicago's South Loop
2014-2036 South Michigan Avenue | Chicago, IL 60616
DEMOGRAPHICS MAP
POPULATION TOTAL POPULATION POPULATION DENSITY MEDIAN AGE MEDIAN AGE (MALE) MEDIAN AGE (FEMALE)
HOUSEHOLDS & INCOME TOTAL HOUSEHOLDS # OF PERSONS PER HH AVERAGE HH INCOME AVERAGE HOUSE VALUE
1 MILE 28,646 28,646 37.0 36.2 37.5
1 MILE 14,085 2.0 $85,503 $441,556
2 MILES 100,335 100,335 35.9 35.1 36.6
2 MILES 44,532 2.3 $74,796 $385,214
3 MILES 234,965 234,965 35.2 34.5 35.9
3 MILES 111,307 2.1 $87,227 $404,686
Frontline Real Estate Partners 477 Elm Place Highland Park, IL 60035
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or otther conditions, prior sale, lease or financing, or withdrawal without notice.
MATTHEW TARSHIS Vice President mtarshis@ (P) 847.780.8063 (C) 847.542.9058
ANDREW RUBIN Vice President arubin@ (P) 224.628.4005 (C) 224.628.4005
ZACK PEARLSTEIN Associate zpearlstein@ (P) 847.275.6106 (C) 847.275.6106
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