16 West Randolph Street

Chicago, IL 60601

Listing ID: 215025

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Property Type Retail : Other Retail
Unit Sq Ft Range 3,864 - 7,860
Service Type N/A

16 West Randolph Street Chicago, IL 60601 - main image

Description

Unique second generation cafe space with gracious outdoor seating and 528 SF mezzanine located in the heart of Chicago’s Loop with 50’ of frontage along Randolph Street.
Location
Highest concentration of annual pedestrian traffic at the corner of Randolph and State street with 24M annually, per Chicago Loop Alliance. Easy access to public transportation with multiple CTA Stops (State/Lake Red Line- 6.8M riders and Block37 Blue Line- 4M annual riders). Space benefits from traffic generator include Chicago’s Theatre District (Goodman Theatre, James M. Nederlander Theatre, Gene Siskel Film Center, and The Chicago Theatre) boasts over 1.5M+ visitors per year making it Chicago’s 5th largest tourist destination. Located directly across from Block37’s mall entrance with over 400,000 SF of retail anchored by traffic generators AMC Theatres and Marquee at Block 37 with an additional 600 residential units.

Attachments & Files

16westrandolphstreetmarketingflyer2020-j47-SAc.pdf

Listing Demographics

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		100,423	382,054	837,138
Population Median Age		38	38	36
Population by Age	0-9 Yrs	4773 (4%)	27473 (7%)	77998 (9%)
	10-19 Yrs	5633 (5%)	23096 (6%)	66070 (7%)
	20-29 Yrs	28004 (27%)	96236 (25%)	204303 (24%)
	30-39 Yrs	25836 (25%)	90810 (23%)	182545 (21%)
	40-49 Yrs	11108 (11%)	42010 (10%)	96347 (11%)
	50-59 Yrs	9774 (9%)	39209 (10%)	82821 (9%)
	60-69 Yrs	9395 (9%)	36393 (9%)	70999 (8%)
	70+ Yrs	5900 (5%)	26828 (7%)	56053 (6%)

Median HH Income		$117,614	$106,652	$86,192
Total Household Income	< 24K	7047 (11%)	30032 (14%)	73028 (18%)
	25-49K	4382 (7%)	18749 (9%)	51600 (13%)
	50-74K	6124 (10%)	23231 (11%)	51855 (13%)
	75-99K	7172 (12%)	22955 (11%)	44678 (11%)
	100-199K	19426 (33%)	60498 (30%)	103221 (26%)
	200K+	14633 (24%)	45052 (22%)	68594 (17%)

Highest Education Level	No Diploma	997	15188	56744
	Diploma or GED	3046	21873	75657
	Some College	5681	28585	71443
	Assoc. Degree	1612	8495	23133
	Bachelors Degree	34067	117410	217062
	Higher Degree	35543	109247	176416

Total Housing Units		70,192	229,181	444,809
--Owner-Occupied		22,097	83,321	153,283
--Renter-Occupied		36,687	117,196	239,693
Owner-Occupied Values	< 100K	450	1526	4507
	100-199K	927	3796	14273
	200-299K	3616	13461	27563
	300-399K	4353	15417	26985
	400-499K	3644	13019	22250
	500K+	9107	36102	57705

Total Working Age Population		94,792	344,500	722,155
In Work Force		72,231	258,151	527,652
Not In Work Force		22,560	86,350	194,503
Workforce Employed		69,709	248,832	502,242
Workforce Unemployed		2,354	9,086	25,095
Civlian Workforce		72,063	257,918	527,337
Military Workforce		168	233	315

Total Households		58,784	200,517	392,976
Family Households		19,195	74,778	160,859
Non-Family Households		39,589	125,738	232,117
Married Couple		17,307	60,307	114,690
Other Family		1,888	14,471	46,168
Married w/Child		3,521	16,700	39,709
Single Male w/Child		141	1,297	3,931
Single Female w/Child		446	4,503	17,354

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Illinois	12,419,293	+3	12,830,632	+12	14,316,487	+6	15,138,849
Cook County	5,376,741	-3	5,194,675	+10	5,707,832	+5	5,990,243

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While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.