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Village Market at Lakeshore East 333 E Benton Pl 102,224 SF 89% Leased 4-Star Retail Building Chicago, IL 60601 For Sale
Investment Highlights
- Grocery-anchored retail center with 89% occupancy and stable cash flow.
- Service-oriented, internet-resistant tenant mix catering to daily needs.
- Immediate proximity to Millennium Park, the Loop, and Chicago’s Riverwalk.
- Anchored by Mariano’s, an investment-grade grocer with a dominant Illinois presence.
- Located within Lakeshore East, a 28-acre master-planned community with luxury residential towers.
- Value-add potential in a high-growth, high-barrier-to-entry urban submarket.
Executive Summary
Strategically positioned within the Lakeshore East master-planned development, Village Market benefits from a built-in customer base of affluent residents and proximity to Chicago’s most iconic destinations, including Millennium Park, the Loop, and the Riverwalk. The New Eastside submarket has experienced significant growth, driven by luxury residential development and robust demand for urban amenities. This dynamic environment supports sustained foot traffic and strong tenant performance.
As part of a 28-acre mixed-use community anchored by a six-acre park, Village Market combines convenience, accessibility, and lifestyle appeal. The property’s irreplaceable urban location, coupled with its value-add potential, makes it an exceptional investment opportunity for qualified buyers seeking both stability and upside in one of Chicago’s most vibrant neighborhoods.
Property Facts
Amenities
- Bus Line
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Turnkey Luxury MedSpa / Medical Office for Lease in Lakeshore East | 3,498 SF "Plug & Play" Clinic Seize a rare opportunity to lease a fully built-out, turnkey medical suite in the heart of the vibrant Lakeshore East neighborhood. Suite 204 at 333 E Benton Place offers 3,498 SF of premium healthcare space, previously configured for a high-end dermatology and aesthetician practice. This is an ideal "plug-and-play" scenario for a MedSpa, Specialty Medical or Aesthetician practice looking to open immediately without the lead time or cost of a new build-out. Property Highlights: Turnkey Medical Condition: Meticulously maintained space featuring a modern reception area, multiple exam/treatment rooms with plumbing, and upscale finishes throughout—formerly used for dermatology and aesthetics. Prime Lakeshore East Location: Position your practice in a dense, high-net-worth urban oasis. The area boasts a Median Household Income of $127,229 (89% Bachelor’s/Grad degree), ensuring a steady stream of clientele seeking premium wellness and medical services. Vibrant Co-Tenancy: Join a thriving ecosystem of wellness and service providers, anchored by key neighbors like Mariano’s, Eggy’s Diner, Subway, and MingHin, which drive consistent daily foot traffic. Modern Urban Setting: Located in a densely populated luxury residential hub, offering immediate access to thousands of residents in neighboring high-rises who prioritize convenience and quality of care. Ideal Uses: Medical Spa / Aesthetics Dermatology & Plastic Surgery Wellness & IV Therapy Specialty Medical / Physicians (Note: Restrictions apply for Grocery, Dental, Veterinary, Physical Therapy, Hair Salon, Nail Salon, Chiropractor, Restaurants) Don't miss this opportunity to secure a high-visibility medical presence in one of Chicago’s most desirable neighborhoods.
This space is located underneath Avli restaurant at Lakeshore East. It's a large space with varying ceiling heights. Great frontage and signage facing the park with direct storefront entrance. Currently used as storage. Landlord is flexible for a variety of uses that do not conflict with existing tenants: grocery, liquor store, mani/pedi, veterinarian office, dental office, salon/barber, physical therapy. Lake shore east is a $4 billion, 28 Acre mixed use community which has a masterfully blended green and open spaces. Its is truly a village in the heart of the City. The village market center is a 4 story complex housing 102,000 SF of retail restaurants, health and beauty service and underground parking. The community is boasts some of the highest demographics in Chicago with additional high rises in the near term. It is walking distance to the key destinations such as the Chicago river walk, lake Michigan, Navy Pier Michigan Avenue, Maggie Daley, Millennium & Grant Park.
| Space | Size | Space Use | Position | Available |
| 204 | 3,498 SF | Office/Medical | - | Now |
| 1M04 | 7,377 SF | Retail | In-Line | Now |
204
| Size |
| 3,498 SF |
| Space Use |
| Office/Medical |
| Position |
| - |
| Available |
| Now |
1M04
| Size |
| 7,377 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
204
| Size | 3,498 SF |
| Space Use | Office/Medical |
| Position | - |
| Available | Now |
Turnkey Luxury MedSpa / Medical Office for Lease in Lakeshore East | 3,498 SF "Plug & Play" Clinic Seize a rare opportunity to lease a fully built-out, turnkey medical suite in the heart of the vibrant Lakeshore East neighborhood. Suite 204 at 333 E Benton Place offers 3,498 SF of premium healthcare space, previously configured for a high-end dermatology and aesthetician practice. This is an ideal "plug-and-play" scenario for a MedSpa, Specialty Medical or Aesthetician practice looking to open immediately without the lead time or cost of a new build-out. Property Highlights: Turnkey Medical Condition: Meticulously maintained space featuring a modern reception area, multiple exam/treatment rooms with plumbing, and upscale finishes throughout—formerly used for dermatology and aesthetics. Prime Lakeshore East Location: Position your practice in a dense, high-net-worth urban oasis. The area boasts a Median Household Income of $127,229 (89% Bachelor’s/Grad degree), ensuring a steady stream of clientele seeking premium wellness and medical services. Vibrant Co-Tenancy: Join a thriving ecosystem of wellness and service providers, anchored by key neighbors like Mariano’s, Eggy’s Diner, Subway, and MingHin, which drive consistent daily foot traffic. Modern Urban Setting: Located in a densely populated luxury residential hub, offering immediate access to thousands of residents in neighboring high-rises who prioritize convenience and quality of care. Ideal Uses: Medical Spa / Aesthetics Dermatology & Plastic Surgery Wellness & IV Therapy Specialty Medical / Physicians (Note: Restrictions apply for Grocery, Dental, Veterinary, Physical Therapy, Hair Salon, Nail Salon, Chiropractor, Restaurants) Don't miss this opportunity to secure a high-visibility medical presence in one of Chicago’s most desirable neighborhoods.
1M04
| Size | 7,377 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
This space is located underneath Avli restaurant at Lakeshore East. It's a large space with varying ceiling heights. Great frontage and signage facing the park with direct storefront entrance. Currently used as storage. Landlord is flexible for a variety of uses that do not conflict with existing tenants: grocery, liquor store, mani/pedi, veterinarian office, dental office, salon/barber, physical therapy. Lake shore east is a $4 billion, 28 Acre mixed use community which has a masterfully blended green and open spaces. Its is truly a village in the heart of the City. The village market center is a 4 story complex housing 102,000 SF of retail restaurants, health and beauty service and underground parking. The community is boasts some of the highest demographics in Chicago with additional high rises in the near term. It is walking distance to the key destinations such as the Chicago river walk, lake Michigan, Navy Pier Michigan Avenue, Maggie Daley, Millennium & Grant Park.
Nearby Major Retailers
Property Taxes
| Parcel Number | 17-10-318-079-0000 | Improvements Assessment | $7,135,830 |
| Land Assessment | $1,114,670 | Total Assessment | $8,250,500 |
Property Taxes
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Village Market at Lakeshore East | 333 E Benton Pl
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