17 South Wabash Avenue

17 South Wabash Avenue, Chicago, IL 60603

  • For Lease $40.00/SF/YR
  • Property Type Retail - Street Retail
  • Property Size 6,021 SF
  • Additional Rent Contact for pricing
  • Year Built 1882
  • Date Updated Nov 26, 2024
Discover the vibrant surroundings of the property located in the heart of Chicago's Loop district. With convenient access to iconic landmarks such as Millennium Park, Art Institute of Chicago, and the historic Chicago Cultural Center, this area is teeming with cultural attractions. Nearby dining options include a variety of renowned restaurants, offering diverse culinary experiences. The property's proximity to public transportation ensures easy commuting for employees. With the bustling energy of the city right at your doorstep, the location offers a dynamic and inspiring environment for businesses looking to thrive in the heart of Chicago.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. Proof of Funds Required Prior to Showing.
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Attachments

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.

Spaces Available

Contacts

broker
Mike Costanzo

Jameson Commercial

Location

Getting Around

  • Walk Score ®

    99/100 Walker's Paradise

  • Transit Score ®

    100/100 Rider's Paradise

  • Bike Score ®

    79/100 Very Bikeable
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  • City Chicago, IL
  • Neighborhood Downtown Chicago
  • Zip Code 60603
  • Market Chicago

Points of Interest

  • Adams/Wabash

    0.14 miles

  • Millennium Station

    0.20 miles

  • Lake

    0.22 miles

  • State/Lake

    0.30 miles

  • Harold Washington Library-State/Van Buren

    0.36 miles

  • Quincy

    0.45 miles

  • Merchandise Mart

    0.64 miles

  • Grand

    0.71 miles

  • Clinton

    0.84 miles

  • Chicago

    1.14 miles

  • Tesla Supercharger

    0.42 miles

  • ChargePoint

    0.51 miles

  • BP

    0.88 miles

  • Blink

    1.08 miles

  • Volta

    1.09 miles

  • Shell

    1.21 miles

  • Citgo

    1.27 miles

  • Blink ParkChip Garage - 1035 Van Buren

    1.45 miles

  • eVgo

    1.54 miles

  • Electrify America

    1.59 miles

  • 55 East Monroe Self Park

    0.10 miles

  • Grant Park North Garage

    0.11 miles

  • Adams-Wabash Self Park

    0.17 miles

  • 33 West Monroe

    0.19 miles

  • Citadel Center

    0.20 miles

  • Millennium Garage

    0.26 miles

  • Grant Park South Garage

    0.28 miles

  • Prudential Plaza

    0.29 miles

  • Park 1

    0.29 miles

  • 60 East Lake Self Park

    0.30 miles

  • Pizano's Pizza & Pasta

    0.02 miles

  • Cherry Circle Room

    0.03 miles

  • Jiao By Qing Xiang Yuan Dumplings

    0.03 miles

  • Naf Naf Grill

    0.04 miles

  • Ryo Sushi

    0.04 miles

  • Flat Top Grill

    0.04 miles

  • Chiya Chai

    0.05 miles

  • Cindy’s

    0.06 miles

  • Dunkin'

    0.06 miles

  • Shake Shack

    0.06 miles

  • Burlington

    0.07 miles

  • TJ Maxx

    0.08 miles

  • Target

    0.09 miles

  • Saks Off 5th

    0.11 miles

  • Macy's

    0.16 miles

  • Ross

    0.21 miles

  • Block 37 Shops

    0.22 miles

  • Millennium Station/Pedway

    0.22 miles

  • Bockwinkel's

    0.40 miles

  • Mariano's Fresh Market

    0.44 miles

Frequently Asked Questions

How much does retail space at 17 South Wabash Avenue cost?

The asking price for retail space at 17 South Wabash Avenue is $40.00/SF/YR. Pricing of commercial spaces is largely dependent on things like location — especially proximity to areas that can be easily reached by car or public transit or enjoy high foot traffic — the overall size, features and condition of the space, and the lease structure. Safety and security in the area can also play an important role in choosing the most suitable retail space for a business.

What kind of retail space can I rent at 17 South Wabash Avenue?

The property has 6,021 square feet of rentable Street Retail space. Rental opportunities here are available under Modified Gross lease terms.

Use the contact form at the top of this page to schedule a tour of the property with a broker and get further details on this listing.

How many parking spots are available at 17 South Wabash Avenue?

Reach out to the listing broker for more information on vehicle access and parking options at or near this property, as well as additional amenities that complement the retail experience at 17 South Wabash Avenue. You can find 10 parking option(s) and 1 fuel station(s) within a 0.5-mile radius.

Are there any potentially competing retail businesses in the area?

No, there are no spaces zoned for retail activities within a 0.5-mile radius around 17 South Wabash Avenue.

Is 17 South Wabash Avenue located in a popular area for retail businesses?

The property is part of Downtown Chicago, which is home to 17 other retail listings.

Other popular areas for retail businesses in Chicago include Chicago Loop, Lakeview, South Loop.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker
Mike Costanzo

Jameson Commercial

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