Retail at River East


Chicago, IL

Acquisition Date:

June 2016


250,137 square feet

Asset Type:



Madison acquired the Retail at River East located at 322 East Illinois Street in the Streeterville neighborhood of Chicago. The Property is bounded by the Magnificent Mile (North Michigan Avenue) to the west and Navy Pier, Chicago’s leading tourist attraction with nearly 9 million visitors per year, to the east. Streeterville has a median income of over $116,000 per annum. The long-term investment strategy is to reposition the tenancy, leveraging the robust development in the area and enhancing value by applying aggressive and professional management.