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The Gateway to the West Loop 40 S Halsted St 1,446 - 6,837 SF of 4-Star Retail Space Available in Chicago, IL 60661
Highlights
- Immediate proximity to I-94 expressway
- Prime location in the heart of the West Loop/Greektown neighborhoods
- 396,291 estimated daytime population within a one mile radius
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 104 | 1,446 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 105 | 2,573-5,391 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
1st Floor, Ste 104
Located at the vibrant intersection of Halsted and Monroe in Chicago’s West Loop, this retail center offers a rare opportunity to join one of the city’s most dynamic urban neighborhoods. With a daytime population exceeding 396,000 within a one-mile radius and traffic counts reaching 21,000 vehicles per day on Halsted Street, the site provides exceptional visibility and foot traffic. The property features a strong tenant mix including Mariano’s, Ulta, Massage Envy, and Restore Hyper Wellness, with Comcast Xfinity slated to join in 2026. Available spaces range from 1,446 to 5,391 square feet, including a former nail salon and a demisable suite with flexible configurations. On-site parking includes 225 spaces at grade and rooftop level, a rare amenity in the West Loop. Surrounded by major employers, residential developments, and cultural landmarks such as Union Station, Chicago-Kent College of Law, and the Chicago French Market, the location benefits from constant activity and a high-income demographic. Average household income within a one-mile radius exceeds $185,000, supporting strong retail performance. Immediate access to I-94 and proximity to CTA and Metra stations further enhance connectivity for both customers and employees. This is a prime opportunity for retailers seeking a high-profile presence in one of Chicago’s most desirable urban corridors.
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Former nail salon
- 225 car on-site parking
- Immediate proximity to I-94 expressway
1st Floor, Ste 105
Prime location in the heart of the West Loop/ Greektown neighborhoods
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- 5,391 SF with 44’ of frontage along Halsted
- 225 Car on-site parking
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 | 6,837 SF | Gross Leasable Area | 95,862 SF |
| Min. Divisible | 1,446 SF | Year Built | 2013 |
| Property Type | Retail | Parking Ratio | 2.35/1,000 SF |
| Total Space Available | 6,837 SF |
| Min. Divisible | 1,446 SF |
| Property Type | Retail |
| Gross Leasable Area | 95,862 SF |
| Year Built | 2013 |
| Parking Ratio | 2.35/1,000 SF |
About the Property
• Prime location in the heart of the West Loop/Greektown neighborhoods • 225 car on-site parking on grade plus rooftop level parking • 396,291 estimated daytime population within a one mile radius • Immediate proximity to I-94 expressway
- Bus Line
- Signalized Intersection
- Air Conditioning
Nearby Major Retailers
![[solidcore]](https://images1.loopnet.com/i2/X1DfwMFhQUJtrEvdN0O4PHppb1UchnIXcAPoILYKKzI/105/image.jpg "[solidcore]")
Contacts
-
Jaime Bertsche -
Marget Graham -
Campbell Wickland -
Mid-America Real Estate Corp.
Presented by
The Gateway to the West Loop | 40 S Halsted St
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