True
Space Available For Lease 1
17 S. Wabash Avenue |
Additional 4,000 SF in basement - included.
Mike Costanzo
Jameson Commercial |
Contacts
Jameson Commercial
Property Details
- Property Type Retail - Street Retail
- Property Size 6,021 SF
- Additional Rent Contact for pricing
- Year Built 1882
- Date Updated Nov 26, 2024
Reach out to the broker for more info on lease terms and amenities
Highlights
- - Jeweler’s Row District of Chicago’s Loop.
- - 6,021 SF first floor retail lease space with a 4,000 SF+ basement which can be used for storage, a prep-kitchen, a vault, etc. within a 5 story, 40,000 square foot, Chicago landmark structure built in 1882.
- - Possibility of uses: bar/restaurant, bank, art gallery, high-tech retailers, etc.
- - First floor: 50 feet of frontage on Wabash, 166 feet deep, 17 feet of ceiling height, 20 feet of column spacing, 15 inches of column width.
- - Basement: 46 feet wide, 134 feet deep, 9 feet of ceiling height with 7 feet of ceiling height to the horizontal support beams.
- - Zoning: DX-16.
- - Landlord prefers to offer a 10-year lease with two 5-year options.
- - Asking $40.00 per square foot modified gross rental rate for the first floor; the basement space is included at no charge.
- - A tenant improvement allowance (TI) is available.
- - There is ducting from the first floor to the roof which will allow for the installation of a black iron exhaust hood with fire suppression system for a restaurant operation.
- - 2% tenant representative broker compensation for the initial 10-year lease term.
- - Proof of Funds Required Prior to Showing.
Attachments
Getting around
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Walk Score ®
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Transit Score ®
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Bike Score ®
Location
- City Chicago, IL
- Neighborhood Downtown Chicago
- Zip Code 60603
- Market Chicago
Points of Interest
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Adams/Wabash
0.14 miles
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Millennium Station
0.20 miles
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Lake
0.22 miles
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State/Lake
0.30 miles
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Harold Washington Library-State/Van Buren
0.36 miles
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Quincy
0.45 miles
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Merchandise Mart
0.64 miles
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Grand
0.71 miles
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Clinton
0.84 miles
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Chicago
1.14 miles
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Tesla Supercharger
0.42 miles
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ChargePoint
0.51 miles
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BP
0.88 miles
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Blink
1.08 miles
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Volta
1.09 miles
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Shell
1.21 miles
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Citgo
1.27 miles
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Blink ParkChip Garage - 1035 Van Buren
1.45 miles
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eVgo
1.54 miles
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Electrify America
1.59 miles
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55 East Monroe Self Park
0.10 miles
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Grant Park North Garage
0.11 miles
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Adams-Wabash Self Park
0.17 miles
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33 West Monroe
0.19 miles
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Citadel Center
0.20 miles
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Millennium Garage
0.26 miles
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Grant Park South Garage
0.28 miles
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Prudential Plaza
0.29 miles
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Park 1
0.29 miles
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60 East Lake Self Park
0.30 miles
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Pizano's Pizza & Pasta
0.02 miles
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Cherry Circle Room
0.03 miles
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Jiao By Qing Xiang Yuan Dumplings
0.03 miles
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Naf Naf Grill
0.04 miles
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Ryo Sushi
0.04 miles
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Flat Top Grill
0.04 miles
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Chiya Chai
0.05 miles
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Cindy’s
0.06 miles
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Dunkin'
0.06 miles
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Shake Shack
0.06 miles
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Burlington
0.07 miles
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TJ Maxx
0.08 miles
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Target
0.09 miles
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Saks Off 5th
0.11 miles
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Macy's
0.16 miles
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Ross
0.21 miles
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Block 37 Shops
0.22 miles
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Millennium Station/Pedway
0.22 miles
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Bockwinkel's
0.40 miles
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Mariano's Fresh Market
0.44 miles
17 South Wabash Avenue Listing Brief
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A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.
17 South Wabash Avenue is located in Downtown Chicago, which is home to a total of 17 listing(s). Retail space at 17 South Wabash Avenue asks $40.00/SF/YR per square foot.
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The property includes 6,021 square feet of retail space for lease. Of this total, 6,021 square feet are Street Retail.
Lease agreement conditions for the availability at this property include Modified Gross.
For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.
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You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.
Knowing your ideal customer is essential. For your consideration, the average age of residents in Downtown Chicago is 34. The average household income here is $118,878 per year.
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Jameson Commercial