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110 E Pearson St 9,389 SF 20% Leased Retail Building Chicago, IL 60611 For Sale
Investment Highlights
- Trophy retail storefront featuring 72 feet of street-level frontage in Chicago’s Gold Coast.
- Surrounding co-tenancy from global retailers such as Louis Vuitton, Gucci, Chanel, and Saks Fifth Avenue.
- Flexible floor plan with mezzanine level suitable for experiential retail or flagship use.
- Steps away from Michigan Avenue with immediate access to the Magnificent Mile.
- Unobstructed Michigan Avenue visibility near Water Tower Place, attracting over 13,800 vehicles per day.
- Strong future demand supported by high-profile developments, including the Candy Hall of Fame Experience.
Executive Summary
This rare opportunity offers the acquisition of a flagship retail storefront in Chicago’s prestigious Gold Coast district, steps from the iconic Water Tower and the vibrant Magnificent Mile. The property benefits from premier visibility along East Pearson Street, complemented by heavy pedestrian traffic and an affluent trade area of more than 366,000 residents within a three-mile radius. Average household income in the area stands at $187,276, indicating strong consumer buying power.
The 9,492 SF property features an expansive first-floor retail area with a mezzanine designed for a variety of retailer or dining concepts. With over 72 feet of street frontage, the site offers exceptional branding potential and customer accessibility. The location is poised to benefit from increased traffic with the planned opening of the Candy Hall of Fame Experience, the largest new retail lease in the corridor, slated for 2027. Additional surrounding attractions include top-tier retailers and global luxury brands such as Louis Vuitton, Gucci, Chanel, and Cartier.
Backed by favorable demographics, significant hospitality density, and robust tourism, this property represents a compelling value-add investment in one of the nation’s most productive retail corridors.
The 9,492 SF property features an expansive first-floor retail area with a mezzanine designed for a variety of retailer or dining concepts. With over 72 feet of street frontage, the site offers exceptional branding potential and customer accessibility. The location is poised to benefit from increased traffic with the planned opening of the Candy Hall of Fame Experience, the largest new retail lease in the corridor, slated for 2027. Additional surrounding attractions include top-tier retailers and global luxury brands such as Louis Vuitton, Gucci, Chanel, and Cartier.
Backed by favorable demographics, significant hospitality density, and robust tourism, this property represents a compelling value-add investment in one of the nation’s most productive retail corridors.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
9,389 SF
Building Class
B
Year Built
1974
Percent Leased
20%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.35
Lot Size
0.62 AC
Zoning
Dx-12 - Downtown Mixed-Use District
Frontage
311’ on North Rush Street
Amenities
- Restaurant
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Magnificent Mile Flagship Opportunity
| Space | Size | Space Use | Position | Available |
| 110-Mezzanine | 7,515 SF | Restaurant | In-Line | Now |
110-Mezzanine
| Size |
| 7,515 SF |
| Space Use |
| Restaurant |
| Position |
| In-Line |
| Available |
| Now |
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
110-Mezzanine
| Size | 7,515 SF |
| Space Use | Restaurant |
| Position | In-Line |
| Available | Now |
Magnificent Mile Flagship Opportunity
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Very bikeable
80/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 17-03-225-079-1001 | Improvements Assessment | $1,676 |
| Land Assessment | $2,846 | Total Assessment | $4,522 |
Property Taxes
Parcel Number
17-03-225-079-1001
Land Assessment
$2,846
Improvements Assessment
$1,676
Total Assessment
$4,522
Contacts
-
Matt Tarshis -
Andrew Rubin -
Andrew Slovis -
Zack Pearlstein -
Frontline Real Estate Partners
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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110 E Pearson St
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