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    830 N Michigan Ave Chicago, IL 60611

    For Lease
    Contact for pricing

    Exceptional retail opportunity in a premier Chicago location.

    Property size:
    1,190 SF
    Lot size:
    0.46 Acres

    Property Features for 830 N Michigan Ave

    General Information

    Size
    1,190 SF
    Lot size
    0.46 Acres

    Source: Canvas Real Estate Agent Anthony Campagni

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Retail Space on Magnificent Mile

    Located at the convergence of Chicago's Magnificent Mile and the Gold Coast, 830 N. Michigan Avenue offers an exceptional retail opportunity. Adjacent to the historic Water Tower landmark, this location is surrounded by retail, dining, entertainment, and urban living. The property features over 107 feet of frontage along North Michigan Avenue and 187 feet of frontage along E. Pearson Street, encompassing nearly 300 feet of wrap-around frontage with Magnificent Mile visibility. The structure stands 86 feet tall and offers 1,190 square feet of retail space. The property is positioned in a neighborhood known for its high-end boutiques, luxury brands, department stores, and flagship shops, solidifying its reputation as a global shopping destination. The structure has no historic limitations, offering a tenant a blank canvas to express their brand.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    CB Richard Ellis Real Estate Agency Office Holdings US ... Holding Company Columbia Sportswear Sportswear Store

    Suggested Use

    Restaurant Realty agency Spa & Massage Law Firm Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6246499
    Latitude
    41.8978345

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    FAQs

    What type of property is this?
    Retail space - Exceptional retail opportunity in a premier Chicago location.
    Where is this retail space located?
    The property is located at 830 N Michigan Ave Chicago, IL.
    What are key features of this property?
    This property features: - Prime location on Chicago's Magnificent Mile at the convergence with the Gold Coast.; - Extensive frontage: Over 107 feet on N. Michigan Ave. and 187 feet on E. Pearson St. (nearly 300 feet wrap-around).; - Unrestricted 'blank canvas' structure allowing for extensive branding opportunities.
    (773) 887-8212
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    830 N Michigan Ave Chicago, IL 60611
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