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Michigan Avenue Retail Investment Opportunity

2 North Michigan Avenue Chicago, IL 60602

2 North Michigan Avenue, Chicago, IL, 60602
$10,550,000
For Sale
$10,550,000

Retail property leased to Raising Cane’s on Chicago’s Michigan Avenue.

Property Size5 SF
Price / SF$2,110,000
Days on Market314

Property Features for 2 North Michigan Avenue

General Information

Standard status
Active
Size
5 SF
Listing agency CENTURY 21 Doug Anderson
Listed by Joe Girardi · License #835841
Source Midamericagrp
Added: Sep 12, 2025 Updated: Jul 6 at 8:10AM Checked: Jul 19 at 2:33AM

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 CENTURY 21 Doug Anderson


Investment Insights

Based on property information with market context.

A retail property leased to Raising Cane’s is available for sale. The property is located along Chicago’s iconic Michigan Avenue, directly across the street from Millennium Park. This asset features a long-term net lease and is a vertically separated retail property at the base of a luxury residential building. The property size is 5.

Key Highlights

  • Located on Chicago's iconic Michigan Avenue directly across from Millennium Park.
  • Leased to Raising Cane's.
  • Long‑term net lease.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Bank of America Financial ... Financial Advisor Raising Cane's Chicken ... Restaurant Bank of America ATM Atm

Suggested Use

(Bike/Boat/Book/etc) Store Butcher Pet Grooming Service Adult Day Care Buffet Nursing Home Tanning Salon Nursing Home Clothing & Fashion Store Clothing & Fashion Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Drive through restaurant - Retail property leased to Raising Cane’s on Chicago’s Michigan Avenue.
Where is this drive through restaurant located?
The property is located at 2 North Michigan Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $10,550,000.
What are key features of this property?
This property features: Located on Chicago's iconic Michigan Avenue directly across from Millennium Park.; Leased to Raising Cane's.; Long‑term net lease.
Contact an agent
More about this property
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