1325 W Randolph St
Chicago, IL 60607
Retail Property For Sale

Greenstone Partners, as the Exclusive Investment Advisor, is pleased to present the opportunity to acquire the 100% fee-simple interest in 1325 West Randolph Street (the “Property” / “Investment”), a fully leased, urban infill retail investment prominently located in Chicago’s Fulton Market neighborhood with affluent demographics and continuous strong market growth. Fulton Market/West Loop has seen the largest increase in residential and office density over the past 10 years in Chicago with abundant new developments under construction or planned.
The Property presents an exceptional opportunity to acquire a stabilized single tenant retail investment located in one of Chicago’s most dynamic and rapidly evolving urban corridors. Leased to Action Behavior Centers, a nationally recognized behavioral health operator with more than 380 locations nationwide, the Investment provides immediate access to durable income supported by a resilient and expanding healthcare platform. Action Behavior Centers operates under a net lease with annual increases and remaining term of over 7 years. The stickiness of the tenant and their use, delivers a stable and predictable cash flow in the heart of the West Loop in a core downtown Chicago neighborhood.
In addition to its strong in-place income, the Investment offers long term development optionality through its ‘C1-3’ zoning designation and eligibility for Transit Oriented Development (TOD) incentives, supporting a flexible future path for increased density. This allows ground-floor retail with residential units above and provides a Floor area ratio of 3, supporting up to 47,850 square feet of total building area.
Surrounded by one of the most active development environments in the Midwest, the Investment is located within Fulton Market, which has evolved into Chicago’s premier live-work-play neighborhood. The area continues to attract major global employers including Google, McDonald’s global headquarters, John Deere, Dyson, WPP, Coca Cola, Mondelez, and Boston Consulting Group, supporting a dense daytime workforce and strong year-round consumer demand. The neighborhood features an unmatched concentration of upscale dining and retail destinations such as Time Out Market, Parlor Pizza Bar, The Publican, Au Cheval, Beatrix, sweetgreen, Anthropologie, Lululemon, Whole Foods, Foxtrot, Aesop, Warby Parker, and Billy Reid, along with celebrated hospitality offerings including Soho House, Nobu Hotel, and The Hoxton. Exceptional connectivity via the Morgan & Ashland CTA stations, multiple bus lines, and Interstate 90/94, combined with strong surrounding demographics and significant residential growth, solidifies this location as one of Chicago’s most desirable environments for retail, service, and healthcare operators.