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Southport Avenue

Location
Chicago, IL, USA
North of Roscoe Ave. and South of Addison St.
Estimated Gross Rent
$100-$150 PSF
Most Desirable Block(s)
Between Cornelia Ave. & Newport Ave.
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Location
Chicago, IL, USA
North of Roscoe Ave. and South of Addison St.
Estimated Gross Rent
$100-$150 PSF
Most Desirable Block(s)
Between Cornelia Ave. & Newport Ave.

Description

A Diverse and Upscale Hotspot Southport Avenue is a lively high street located in the northern part of urban Chicago. The street draws from several nearby affluent neighborhoods including North Center, Ravenswood, St. Ben’s, Roscoe Village and Lincoln Square, which all contribute to its diverse and upscale clientele. The area is particularly appealing to young professionals, families and high-income individuals, creating a vibrant mix of shoppers. The Southport Avenue Experience Proximity to Wrigley Field, located just to the east, enhances Southport’s allure, especially during summer months when Cubs home games and concerts significantly boost the local economy. Foot traffic varies from moderate during the weekdays to very high on weekends, reflecting its popularity as a shopping and dining mecca. The retail environment on Southport Avenue is defined by its moderate to high demand, with retail spaces typically commanding gross rents ranging from $100 to $150 per square foot. The vacancy rate is remarkably low, at under 5%, underscoring its appeal to retailers.

A Diverse and Upscale Hotspot

Southport Avenue is a lively high street located in the northern part of urban Chicago. The street draws from several nearby affluent neighborhoods including North Center, Ravenswood, St. Ben’s, Roscoe Village and Lincoln Square, which all contribute to its diverse and

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street Details

Annual foot traffic

500,000 people/year

Daily vehicle traffic

15,000 vehicles/day

Population

25,000 people within

Day time population

35,000 people within

Household income (median)

$75,000.00 annually

Age (average)

> 35 years old within

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Available Spaces

Sample Space 1

1000 SF

Suitable for retail, restaurant, office

Sample Space 2

1500 SF

Suitable for retail, restaurant, office

Sample Space 3

2000 SF

Suitable for retail, restaurant, office

News & Alerts
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Local expert Will Winter reports that Southport Avenue remains a steady, high-demand corridor, with strong weekend foot traffic and surges around Cubs games. Despite a few small shop closures on the horizon, including Aligned Modern Health, demand remains elevated and rents have now surpassed $100 PSF NNN.

Recent activity includes Gorjana’s opening, and the 1,250 SF space at 3501 N. Southport (formerly a UPS Store) is now available at $120 PSF NNN. Second-gen spaces are gaining attention as operators look to avoid full build-out costs.

With limited availability and stable demand, rents are expected to hold steady in the short term.

Explore more: https://www.brandmarch.com/street/southport-avenue

2 months ago
Gorjana to open new jewelry store this February on Southport Ave.

Gorjana to open new jewelry store this February on Southport Ave.

9 months ago

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Local Experts
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Brokers Active on Southport Avenue

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Abercrombie & Fitch
Abercrombie & Fitch
3551 N. Southport Avenue
Anthropologie
Anthropologie
3532 N Southport Avenue
Arcteryx
Arcteryx
3443 N. Southport Avenue
Athleta
Athleta
3415 N Southport Avenue
Benefit Cosmetics
Benefit Cosmetics
3450 N. Southport Avenue
Bluemercury
Bluemercury
3512 N. Southport Avenue
Bonobos
Bonobos
3434 N Southport Avenue
Buck Mason
Buck Mason
3438 N. Southport Avenue

Local Expert Analysis

Southport Avenue stands out as one of Chicago’s most reliable and robust high streets, maintaining a steady growth trajectory over the years. According to local experts, the street’s unique positioning as the northernmost high street in urban Chicago allows it to draw from several wealthy submarkets, making it a strategic choice for many retailers. While it may not be the top choice for flagship stores, Southport is still considered a prime location, especially for brands looking to establish their presence in the Chicago market. The tenant mix on Southport Avenue is a balanced combination of major national brands, such as Arc’teryx and Buck Mason, alongside unique local boutiques and popular eateries. This blend offers shoppers a well-rounded experience that caters to a variety of tastes and preferences. Recent leasing activity has been described as very high, reflecting a growing interest from both established and emerging brands. With new tenants like Hotel Chocolat and Colectivo Coffee set to open, the street is poised for continued growth and increased leasing momentum over the next 12 months. Southport’s proximity to Wrigley Field is a critical factor in its success. While the high street benefits from increased foot traffic during Cubs games and concerts, it retains an independent identity that allows it to thrive year-round. Local experts point out that Southport Avenue has not seen its vacancy rate exceed 5% since 2015, a testament to its desirability and the steady demand for retail space. Looking forward, Southport Avenue is expected to maintain its status as one of Chicago’s most dependable retail corridors. The street’s evolution since the COVID-19 pandemic has been marked by moderate growth and development, with future trends indicating a continuation of this pattern. Seasonal events tied to the sports calendar at Wrigley Field will likely remain a key driver of foot traffic and sales, ensuring that Southport Avenue continues to be a vibrant and profitable location for retailers in Chicago.

Southport Avenue stands out as one of Chicago’s most reliable and robust high streets, maintaining a steady growth trajectory over the years. According to local experts, the street’s unique positioning as the northernmost high street in urban Chicago allows it to draw from several wealthy submarkets, making it a strategic choice for many retailers. While it may not be the top choice for flagship stores, Southport is still considered a prime location, especially for brands looking to establish their presence in the Chicago market.

The tenant mix on Southport Avenue is a balanced combination of major national brands, such as Arc’teryx and Buck Mason, alongside unique local boutiques and popul

...Read more