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68 E 21st Street 2036 S Michigan Ave 3,391 SF of Retail Space Available in Chicago, IL 60616
Highlights
- Heavy Foot Traffic
- Convenient access to CTA, Lake Shore Drive, and downtown Chicago
- Prime South Loop Location
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1 | 3,391 SF | Negotiable | $38.90 CAD/SF/YR $3.24 CAD/SF/MO $131,902 CAD/YR $10,992 CAD/MO | Modified Gross |
1st Floor, Ste 1
Prime 3,391 SF ground-floor retail opportunity located in Chicago's historic Motor Row District. This fully built-out salon space is move-in ready and designed for immediate occupancy, featuring a modern layout with existing salon infrastructure, attractive storefront visibility, and strong pedestrian exposure along 21st Street. Situated within a landmark mixed-use building, the property offers convenient access to downtown Chicago, McCormick Place, CTA transit, Lake Shore Drive, and the vibrant South Loop dining and entertainment scene. Ideal for salon, beauty, wellness, medical aesthetics, or other retail users seeking a turnkey location in one of Chicago's most dynamic neighborhoods. Please Contact Dominic Bertucci, (312) 972-1113, to show. Parking is subject to availability.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Professional Services Office
- Space is in Excellent Condition
- Central Air Conditioning
- Private Restrooms
- High Ceilings
- Secure Storage
- Display Window
- Wheelchair Accessible
- Ground Floor Retail
- Fully Built-Out Salon
- Storefront Visability
- South Loop Retail
- High-Traffic Area
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 3,391 SF | Gross Leasable Area | 3,391 SF |
| Property Type | Retail | Year Built | 1950 |
| Total Space Available | 3,391 SF |
| Property Type | Retail |
| Gross Leasable Area | 3,391 SF |
| Year Built | 1950 |
About the Property
Located in Chicago’s historic Motor Row District, 68 E. 21st Street is a distinctive mixed-use building that blends classic architectural character with modern functionality. Originally developed during the neighborhood’s automotive showroom era, the property features attractive brick-and-timber construction, large storefront windows, and flexible commercial spaces suitable for a variety of retail, office, hospitality, and service-oriented users. Positioned in the heart of the South Loop, the building offers exceptional access to McCormick Place, downtown Chicago, major transportation corridors, and a growing mix of residential, dining, and entertainment destinations.
Nearby Major Retailers
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68 E 21st Street | 2036 S Michigan Ave
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