1325 W Randolph | Chicago, IL 60607
Location
Traffic
NEARBY MAJOR RETAILERS
TRANSIT/SUBWAY |
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Ashland Station
7 min walk 0.5 mi |
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Racine Station
16 min walk 2.1 mi |
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Illinois Medical District Transit Stop
20 min walk 1.1 mi |
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3 min drive 1.2 mi |
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UIC-Halsted Station
4 min drive 4 min drive
|
COMMUTER RAIL |
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---|---|---|
Chicago Ogilvie Transportation Center Commuter Rail (Union Pacific North, Union Pacific Northwest, Union Pacific West Lines)
|
20 min walk | 1.1 mi |
Chicago Union Station Commuter Rail (North Central Service, Milwaukee District North Line, Milwaukee District West Line, Burlington Northern-Santa Fe Railway Line, Heritage Corridor Line, SouthWest Service)
|
4 min drive | 1.4 mi |
Western Avenue Station (MD-N/MD-W/NCS) Commuter Rail (North Central Service, Milwaukee District North Line, Milwaukee District West Line)
|
5 min drive | 2.1 mi |
Chicago LaSalle Station Commuter Rail (Rock Island District Line)
|
6 min drive | 2.1 mi |
Halsted Station Commuter Rail (Burlington Northern-Santa Fe Railway Line)
|
6 min drive | 2.9 mi |
AIRPORT |
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Chicago Midway International Airport
|
19 min drive | 10.6 mi |
Chicago O’Hare International Airport
|
26 min drive | 17.0 mi |
$8,000,000
Property Details
Lease Rate: | $50.00 SF/yr (NNN) |
Property Type: | Retail |
Building Class: | B |
Building Size: | 7,250 SF |
Property Description
Highly Desirable Bow Truss Building with Parking on Randolph.
Highlights
- Wide open floor plan with built-out kitchen and bathrooms/ locker rooms.
- The property is surrounded by planned/under construction high-rise developments making it a great covered land play or development site.
- Walking distance to Morgan and Lake Green/Pink Line CTA Station.
- Surrounded by recently announced high-profile Fulton Market HQs including Google, McDonald’s, WPP, TikTok, Ernst & Young, John Deere, Aspen Dental, Kimberly-Clark, Tock, CCC, MoLo Solutions and more.
- 19 parking spaces on-site.
CAMS & Taxes
Parcel Numbers: 17-08-329-002-0000
Improvements Assessment: $126,633
Land Assessment: $85,187 Total Assessment $211,820
Zoning
Retail storefronts. Allows more business types than B1 districts, including liquor stores, warehouses, and auto shops. Apartments are permitted above the ground floor.
Specifications
Zoning Ordinance reference | § 17-3-0105 View the Chicago Zoning Ordinance |
Floor area ratio | 3 |
Maximum building height | Varies by lot frontage, and whether building has ground-floor commercial space. (See 17-3-0408) |
Lot area per unit (density) | 400 sq ft/dwelling unit, 300 sq ft/efficiency unit, 200 sq ft/SRO unit |
Minimum lot area | |
On-site open space | N/A |
Setbacks
Front yard | None, unless property borders an R-zoned lot. Then the front setback must be at least 50% of the R lot’s front setback. (See 17-3-0404.) |
Side | None, unless property borders an R-zoned lot. Then the R lot’s front setback applies. |
Back yard | If property has dwelling units, minimum of 30 ft. If its rear property line borders the side property line of an R-zoned lot, the rear setback must equal the side setback of the R-zoned lot. If rear line borders the R lot’s rear line, setback must be at least 16 ft. |
DEMOGRAPHICS
Total households 25,917 490,970 1,186,228
Total population 45,818 1,002,371 2,663,971
Population white 62.0% 55.5% 50.6%
Population black 12.3% 18.6% 22.8%
Population hispanic 11.6% 27.1% 32.5%
Population asian 17.3% 9.9% 7.3%
Population pacific islander 0.0% 0.0% 0.0%
Population american indian 0.1% 0.3% 0.4%
Population other 2.3% 10.5% 13.2%
Persons per household 1.8 2 2.2
Average household income $126,061 $108,350 $86,892
Average house value $452,275 $398,822 $314,939
Average age 32.5 34.1 35.9
Average age male 32.7 33.7 35.1
Average age female 32.5 34.8 36.8