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    600 N Michigan St Chicago, IL 60616

    For Lease
    Contact for pricing

    Prime retail spaces available on Magnificent Mile.

    Property size:
    21,301 SF
    Lot size:
    1.14 Acres

    Property Features for 600 N Michigan St

    General Information

    Size
    21,301 SF
    Lot size
    1.14 Acres

    Source: Mid-America Real Estate Group Agent Marget Graham

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

    Overview

    Michigan Avenue Retail Opportunity

    This property offers a rare 1,165 square foot ground-level storefront with 30 feet of frontage along Michigan Avenue. Located on the prestigious Magnificent Mile, the area benefits from high foot traffic, with over 40,000 pedestrians per day and 20 million annual visitors. The location is supported by a dense local population, with 91,500 residents within a one-mile radius and a daytime population exceeding 400,000 within the same area. The area also boasts over 25,000 hotel rooms. Additionally, there is a 13,333 square foot opportunity on the third level adjacent to T.J. Maxx, as well as a 25,503 square foot space with a 218-foot window line exposure on Michigan Avenue.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

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

    Similar Places Nearby

    True Artistry Florist & Flower Delivery Chicago IL, Flower Shop Halsted

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6211765
    Latitude
    41.6865973

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    FAQs

    What type of property is this?
    Storefront property - Prime retail spaces available on Magnificent Mile.
    Where is this storefront property located?
    The property is located at 600 N Michigan St Chicago, IL.
    What are key features of this property?
    This property features: - Prime location: Prestigious Magnificent Mile address.; - High pedestrian traffic: Over 40,000 pedestrians per day.; - Sizeable storefront: Rare 1,165 sf ground level storefront.
    (630) 954-7300
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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
    600 N Michigan St Chicago, IL 60616
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