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Space AvailabilityTotal: 3
Unit NameFloorUnit NoSizeTermLease RateCondition

Highlights

• Prime River North location, two blocks from downtown feeder ramps • Area density increased by newer multifamily developments, driving demand for service-oriented uses • Leasing opportunity at the base of a new mixed-use property with high-end amenities • Co-tenants: UPS, Domino’s, Re’Luxe, Ora Dental Studio, Pups Pet Club • Zoning allows retail, restaurant, office, and medical office tenants • Flexible unit sizes and layouts for various users • Tenant signage with visibility to 17,000 VPD (Grand Ave) and 21,400 VPD (Orleans St), plus heavy pedestrian traffic • 127,000 residents within 1 mile; avg. household income $107,187 • 645,000 daytime employees within 1 mile • Located in a high-demand area with multiple new developments • Potential parking for commercial tenants • Steps from Merchandise Mart (“L” Brown & Purple) and Grand (“L” Red) stations • Two blocks from Ontario/Ohio Street feeder ramps with direct access to I-90/I-94 and citywide interstate system

Description

River North Park offers an exceptional leasing opportunity in Chicago’s affluent River North neighborhood. This 24-story, 400-unit apartment building, newly renovated in 2019, is located just two blocks from the Ontario and Ohio Street feeder ramps, in one of the city’s most densely populated areas with approximately 127,000 residents and 645,000 daytime employees within a one-mile radius. The property features roughly 19,600 SF of prime storefront space with co-tenants including Orizzonti, UPS, Domino’s Pizza, Re’luxe, Ora Dental Studio, and Pups Pet Club. Available spaces include two units along Grand (2,998 SF and 5,977 SF, which can be combined) and one unit along Orleans (2,177 SF). The units offer large windows for brand visibility and open interiors suitable for retail, restaurant, medical office, or service-oriented uses, with potential for black iron hook-ups. A 211-space adjacent parking garage is available for tenant use for a fee.

Lease Details

  • Lease Length

    Negotiable

  • Category

    mixed-use-office / mixed-use-retail

  • Tenancy

    Multiple

  • Space Name

    River North Park

  • Lease Model

    Direct

  • Lease Rate Type

    Yearly

  • Gross Leasable Area

    15,048 SF

  • Total Lease Rate

    Undisclosed

  • Parking Info

    211 Spaces

  • No of Buildings

    1

  • No of Stories

    24

  • Maximum Contiguous

    6,073 SF

  • Space Location

    River North Park Apartments, 320 W Illinois St, Chicago, IL 60654, USA

Property Details

  • Total Building Space

    19,600 SF

  • No of Spaces/Suites

    3

  • Minimum Divisible

    2,998 SF

  • Year Built

    2019

Property Amenities

Unit Amenities

Air Conditioning
Natural Light
Onsite Parking

Location Amenities

Airport
Commuter Rail
Public Transportation