River North Park

For Lease 11,165 SF

320 W. Illinois Street, Chicago, IL 60654

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.Incredible leasing opportunity at the newly renovated (2019) River North Park, located in the affluent River North neighborhood in downtown Chicago. River North Park, a 24-story apartment building totaling approximately 400 units, is located just two (2) blocks from the Ontario Street & Ohio Street feeder ramps in the heart of one of Chicago’s most densely populated neighborhoods (approx. 127,000 residents and 645,000 daytime employees and within a one-mile radius). River North Park features approximately 19,600 SF of prime storefront space and provides an excellent opportunity to join co-tenants UPS, Domino’s Pizza, Re’Luxe, Ora Dental Studio and Pups Pet Club. There are three (3) available units along Grand which are 2,998 SF, 5,977 SF, and 6,073 SF (can be combined). The units have large windows allowing retailers to display their brand as well as open interiors providing flexibility for an array of restaurant, retail, medical office or service-oriented users. The units do have the potential for black iron hook ups. There is a 211-space adjacent parking garage available to utilize for a fee.

Key features

  • Approximately 645,000 daytime employees within one (1) mile of radius.
  • Conveniently located steps from the Merchandise Mart “L” station (Brown and Purple lines) as well the Grand “L” station (Red line).
  • Excellent leasing opportunity at the base of a new mixed-use property with high-end amenities.
  • Join co-tenants UPS, Domino’s Pizza, Re’Luxe, Ora Dental Studio and Pups Pet Club.
  • 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.
  • Newer multifamily development in the area increases density and brings with it a need for additional service-oriented uses.
  • Potential to provide parking for commercial tenants.
  • 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).
  • 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.
  • Situated in an area with numerous completed/active new developments, demonstrating tenants desire to be part of the River North neighborhood.
  • 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.
  • The spaces feature flexible unit sizes and layouts for an array of potential tenants and users.
  • With the current zoning, ownership has ability to lease the remaining vacancies to a range of retail, restaurant, office and medical office tenants.

Rental Details

  • Number of spaces 3
  • Total square feet available 11,165 SF
  • For Lease Price on request
  • Space Type Retail
  • Lease Type NNN
  • Latest Update Sep 4, 2026
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

3 Spaces Available

B

Space Type
Retail
Lease Rate
Price on request
Total Space
2,998 SF
Lease Type
NNN

C

Space Type
Retail
Lease Rate
Price on request
Total Space
6,073 SF
Lease Type
NNN

D

Space Type
Retail
Lease Rate
Price on request
Total Space
2,094 SF
Lease Type
NNN

Contacts

Matthew Tarshis

Frontline Real Estate Partners

Building Details

  • For Lease Price on request
  • Property Type Retail - Street Retail
  • Property Size 19,600 SF
  • Additional Rent Price on request
  • Property Tenancy Multi-Tenant
  • Year Built 1985
  • Year Renovated 2019
  • Date Updated Sep 4, 2026

Location

  • City Chicago, IL
  • Neighborhood River North
  • Zip Code 60654
  • Market Chicago
  • Walk score 97/100 Walker's Paradise
  • Transit score 100/100 Rider's Paradise
  • Bike score 85/100 Very Bikeable
Powered by Walk Score ®

Points of Interest

Merchandise Mart

0.20 miles

Chicago

0.39 miles

Grand

0.43 miles

Clinton

0.44 miles

State/Lake

0.56 miles

Lake

0.62 miles

Millennium Station

0.75 miles

Quincy

0.85 miles

Morgan

0.86 miles

Adams/Wabash

0.94 miles

BP

0.28 miles

Shell

0.41 miles

Tesla Supercharger

0.91 miles

Blink

0.92 miles

Volta

0.92 miles

ChargePoint

1.03 miles

Exxon

1.04 miles

City od Chicago Fuel Site 010

1.26 miles

Marathon

1.29 miles

Blink ParkChip Garage - 1035 Van Buren

1.31 miles

Orleans-Hubbard Self Park

0.05 miles

Public Parking

0.13 miles

Ohio Public Parking

0.13 miles

Anti-Cruelty Society Parking

0.15 miles

Mart Center Self-Park

0.25 miles

The Sterling Self Park

0.28 miles

The Rug Company

0.33 miles

225 Wacker Self Park

0.34 miles

222 La Salle Public Parking

0.35 miles

210 N Wells Self Park

0.35 miles

The Merchandise Mart

0.18 miles

Target

0.25 miles

Jewel-Osco

0.41 miles

Nordstrom

0.53 miles

Chicago French Market

0.54 miles

Neiman Marcus

0.55 miles

Trader Joe's

0.55 miles

The Shops at North Bridge

0.56 miles

Whole Foods Market

0.56 miles

Marshalls

0.61 miles

Listing Summary

  • The Price for Retail Space at 320 W. Illinois Street

    The cost of renting retail space in a property highly depends on features such as its location, parking availability and type of retail space, or advantages and features that might be unique to it. For details on asking rent or information on other costs, use the contact form available on this page to reach out to the property representative.

    320 W. Illinois Street is located in the River North neighborhood, which is home to a total of 40 retail listing(s). In the case of most businesses that need retail space, access to potential customers is critical. This can come in the form of retail space situated in high-traffic pedestrian areas, or convenient suburban locations with good public transport or plenty of parking. Reach out to the listing broker for information on best parking and other access options at or near the property.

    Recent renovations also contribute to the attractiveness of a retail property, which, in turn, influences rent. 320 W. Illinois Street was last renovated in 2019.

  • Retail Space Options Available at 320 W. Illinois Street

    The property exclusively contains Retail space totaling 11,165 square feet. The leasing opportunity here is available under NNN lease terms.

    In addition to retail space type, you will also need to consider the space size that you need for your business to operate at its best. You will find 3 retail space(s) ranging from 1,000 square feet to 10,000 square feet at 320 W. Illinois Street, which can serve small or medium retail businesses that are planning to accommodate growth throughout the duration of their lease at this address. For more information or to schedule a tour of the property, reach out using the contact form on this page to get in touch with a broker.

  • Get to Know the Retail Scene in the River North Neighborhood

    320 W. Illinois Street is located in the River North neighborhood of Chicago. The River North retail market offers 40 retail listing(s), representing a total of 111,316 square feet of retail space for lease.

    The most common retail type in the River North neighborhood is Street Retail, of which the market currently offers 6 space(s). You can also find 5 Restaurant space(s).

    When looking for retail space for your company, picking the right area is essential. Some neighborhoods have a long history of being top shopping destinations in general, while others gain a reputation for strongly representing a specific type of business. In addition to knowing the reputation of your chosen business location neighborhood, it’s also important to know your customer base. For instance, the average River North resident is 32 years old, and the median household income here is $147,357 per year.

Contact Matthew Tarshis
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