True
Space Available For Lease 1
Lower Level |
An exceptional opportunity is now available for lease in Chicago’s River North neighborhood. Formerly the renowned ‘Underground Nightclub,’ this lower-level space spans 8,917 square feet, with a ground-floor entrance on Illinois Street, directly next to RPM Italian. With more than 15 years of history as a top night life destination, this prime location is ideal for night time hospitality, or other creative ventures. Don’t miss this rare chance to establish your business in one of Chicago’s most vibrant neighborhoods!
Anthony Campagni
Canvas
Elan Rasansky
Canvas |
Contacts
Canvas
Canvas
Property Details
- Property Type Retail
- Property Size 8,917 SF
- Date Updated May 15, 2026
Reach out to the broker for more info on lease terms and amenities
Getting around
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98/100
Walk Score ®
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100/100
Transit Score ®
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82/100
Bike Score ®
Location
- City Chicago, IL
- Neighborhood Near North Side Chicago
- Zip Code 60654
- Market Chicago
Points of Interest
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Grand
0.13 miles
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Merchandise Mart
0.25 miles
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State/Lake
0.39 miles
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Chicago
0.47 miles
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Lake
0.47 miles
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Millennium Station
0.54 miles
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Clinton
0.68 miles
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Adams/Wabash
0.82 miles
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Quincy
0.87 miles
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Harold Washington Library-State/Van Buren
0.98 miles
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BP
0.19 miles
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Shell
0.54 miles
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Tesla Supercharger
0.63 miles
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ChargePoint
1.03 miles
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Blink
1.14 miles
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Volta
1.14 miles
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Exxon
1.23 miles
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City od Chicago Fuel Site 010
1.50 miles
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Blink ParkChip Garage - 1035 Van Buren
1.54 miles
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Marathon
1.60 miles
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Grand Plaza Parking
0.10 miles
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Grand Plaza parking
0.12 miles
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The Sterling Self Park
0.17 miles
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Anti-Cruelty Society Parking
0.17 miles
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North Bridge Self Park
0.17 miles
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State-Kinzie-Wabash Self Park
0.20 miles
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The Rug Company
0.21 miles
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Rush-Ohio-Wabash Self Park
0.25 miles
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Ohio Public Parking
0.27 miles
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Public Parking
0.32 miles
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RPM Italian
0.02 miles
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India House
0.03 miles
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Ema
0.03 miles
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Sushi-san
0.03 miles
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Beatrix
0.03 miles
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Mastro's Steakhouse
0.04 miles
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Xoco
0.04 miles
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Topolobampo
0.04 miles
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Frontera Grill
0.05 miles
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NYC Bagel Deli
0.05 miles
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Jewel-Osco
0.12 miles
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Target
0.21 miles
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Nordstrom
0.22 miles
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Neiman Marcus
0.24 miles
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The Shops at North Bridge
0.24 miles
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Trader Joe's
0.27 miles
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Marshalls
0.31 miles
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The Merchandise Mart
0.31 miles
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Whole Foods Market
0.38 miles
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Saks Fifth Avenue
0.42 miles
56 W Illinois St Listing Brief
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A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.
56 W Illinois St is located in Near North Side Chicago, which is home to a total of 60 listing(s). The rent for retail space at 56 W Illinois St is available upon request. Feel free to reach out using the contact form conveniently included on this page to find out more about what the property can offer for your business.
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The property includes 8,917 square feet of retail space for lease. Of this total, 8,917 square feet are Retail.
For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.
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You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.
Knowing your ideal customer is essential. For your consideration, the average age of residents in Near North Side Chicago is 32. The average household income here is $125,675 per year.
