Walton Street
Description
Upscale Allure on the Gold Coast
Walton Street, situated in the high-profile Gold Coast area of Chicago, benefits from its proximity to Oak Street and Rush Street, two of the city’s most prestigious retail corridors, and located across the street from the 900 North Michigan Shops. Walton Street is known for its contemporary brands and major national chains, providing a mix that caters to a discerning clientele of young professionals, tourists, and high-income individuals. Key tenants include Amiri, Ksubi, Patagonia, Reformation and luxury resale store The Real Real, all of whom contribute to the street’s upscale reputation. The more desirable retail locations are concentrated on the west ha
Brandy Melville opens on Walton Street next door to Lululemon
Local Expert Analysis
Market Positioning: Walton Street ranks within the top five high streets in the Chicago MSA, but it is not as prominent as neighboring Oak and Rush Streets. Nevertheless, it is still considered an attractive option for flagship stores and often serves as a strategic location for brands entering the market.
Financial Metrics: The rental landscape on Walton Street reflects its high-end appeal, with gross rents ranging from $200 to $300 per square foot. The estimated vacancy rate falls between 5% and 10%, suggesting a moderately competitive market where there is room for both new and established retailers to enter or expand.
Customer Demographics and Foot Traffic: Walton Street shares a sim