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High-Profile Corner Retail Opportunity
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151-155 N Michigan Avenue, Chicago, IL 60601

Flagship retail, restaurant, or entertainment opportunity at a prime Chicago intersection.

Days on Market322

Property Features for 151-155 N Michigan Avenue

General Information

Standard status Active
Property subtype Retail
Listing Agency: Homeland Realty Group, LLC.
Listed By: Paul Bryant · License #212080
Source: Midamericagrp
Added: Sep 12, 2025 Changed: Jul 6 Last Checked: Jul 30 at 3:22AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Homeland Realty Group, LLC.

Investment Insights

Based on property information with market context.

Millennium Park Plaza offers a prominent corner location suitable for retail, restaurant, or entertainment businesses. This high-profile opportunity is situated at one of Chicago's most frequented intersections.

Key Highlights

  • High‑profile corner location.
  • Flagship retail opportunity.
  • Restaurant or entertainment venue potential.

Property Analytics

Current Use

Restaurants

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Adult Day Care Buffet Pet Grooming Service Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

35,231
Businesses Nearby
337k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 45% Hotels & Casinos 33% Shops & Services 15% Dining 7%
Nordstrom Apparel
136,729 visits/mo 0.4 miles
theWit Chicago - a DoubleTree by Hilton Hotel Hotels & Casinos
35,939 visits/mo 0.2 miles
Sheraton Grand Chicago Riverwalk Hotels & Casinos
28,646 visits/mo 0.3 miles
Hampton Inn & Suites Chicago Downtown By Hilton Hotels & Casinos
26,716 visits/mo 0.4 miles
BP Shops & Services
25,664 visits/mo 0.3 miles

Demographics for 60601, IL

15,814
Population
10,727
Households
1.5
Avg Household Size
36
Median Age
86%
College-Educated
95%
High-School Grad
0.4 sq mi
ZIP Area
39,535
Density / Sq Mi
$127,323
Median Household Income
$100,078
Median Earnings
$2,451
Median Rent
$495,400
Median Home Value

Market

Properties on Market for Retail properties & Spaces in Chicago

Jan
Feb
Mar
Apr
May
Jun

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail property - Flagship retail, restaurant, or entertainment opportunity at a prime Chicago intersection.
Where is this retail property located?
The property is located at 151-155 N Michigan Avenue Chicago, IL.
What are key features of this property?
This property features: High‑profile corner location.; Flagship retail opportunity.; Restaurant or entertainment venue potential.
More about this property
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