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401 W Chicago Ave
Chicago, IL 60654
Hugo · Retail Property For Lease
HIGHLIGHTS
- Conveniently located at the Southeast corner of Chicago & Sedgwick in the dynamic River North neighborhood.
- Steps from CTA Brown Line station with 2.3M annual riders
- Surrounded by luxury residences and top-rated dining
- Highly visible corner on Chicago Avenue.
- Adjacent to 600 W. Chicago office campus with 7,000+ employees
- Future Bally’s Casino and major residential developments nearby
PROPERTY FACTS
| Total Space Available | 10,595 SF | Apartment Style | Mid-Rise |
| No. Units | 93 | Building Size | 84,761 SF |
| Property Type | Multifamily | Year Built | 2023 |
| Property Subtype | Apartment |
| Total Space Available | 10,595 SF |
| No. Units | 93 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Size | 84,761 SF |
| Year Built | 2023 |
ABOUT THE PROPERTY
Position your brand at Hugo, the newest retail destination in Chicago’s vibrant River North neighborhood. This mixed-use development offers ±10,595 SF of ground-floor retail space with flexible demising options, ready for immediate occupancy. Located at the intersection of 751 N. Hudson and 411 W. Chicago Avenue, the property benefits from exceptional visibility along Chicago Avenue, which sees approximately 23,000 vehicles per day. River North is one of Chicago’s most dynamic districts, boasting over 104,000 residents and a daytime population exceeding 290,000 within one mile. The area is home to a thriving mix of luxury residences, creative offices, and renowned dining establishments, including Obelix—voted Best New Restaurant of 2022. Just steps away, the CTA Brown Line Chicago Avenue station serves more than 2.3 million riders annually, ensuring unmatched transit access for shoppers and diners. The property is also adjacent to 600 W. Chicago, a 1.6 million SF office hub anchored by major employers like Groupon and Echo Global Logistics, drawing thousands of professionals daily. With the upcoming Bally’s Casino and a future 350-unit residential tower nearby, Hugo is positioned to capture strong foot traffic and sustained demand. This is a rare opportunity to secure space in a high-growth corridor where retail thrives amid a dense, affluent demographic averaging $180,776 in household income within one mile.
