Ground-Floor Retail
For Lease
Contact for pricing
1250 S Michigan, Chicago, IL 60605
Retail space benefits from nearby CTA access and a high-density residential setting.
Space Size2,092 SF
Property Size29,718 SF
Days on Market197
Property Features for 1250 S Michigan
General Information
Standard status
Active
Size
2,092 SF
Property subtype
Street Retail
Space & Availability
Floor
Ground
Space Use
Retail
Additional Details
Traffic Count
41,565 vehicles/day
Building Details
Building Size
29,718 SF
Spaces For Lease
at 1250 S Michigan Contact us- Size
- 2,092 SF
- Lease Type
- NNN
1250A
Listing Agency:
Matanky Realty Group
Listed By:
Scott Levinson · License #471018386
(312) 977-2022
Source:
Thebrokerlist
Added: Feb 18
Changed: Aug 30
Last Checked: Aug 30 at 3:08PM
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 Matanky Realty Group
Investment Insights
Based on property information with market context.
Ground-floor retail space is available within Michigan Avenue Tower, a 229-unit condominium building at 1250 S. Michigan in Chicago. The property sits just south of Roosevelt Road and Michigan Avenue, placing the space within a dense residential environment with multiple nearby grocery options.
CTA access is immediately nearby, and the surrounding area includes Grant Park, the Museum Campus, Soldier Field, and The Magnificent Mile. The location records 41,565 vehicles per day, providing a substantial daily transportation presence along the corridor.
CTA access is immediately nearby, and the surrounding area includes Grant Park, the Museum Campus, Soldier Field, and The Magnificent Mile. The location records 41,565 vehicles per day, providing a substantial daily transportation presence along the corridor.
Key Highlights
- Ground‑floor retail space in Michigan Avenue Tower
- Located within a 229‑unit condominium building
- Just south of Roosevelt Road and Michigan Avenue
Property Analytics
Current Use
Lease Details
41,565 VPD
Traffic count
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,045
Businesses Nearby
21k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 77%
Dining 10%
Home Improvements & Furnishings 8%
Apparel 5%
Family Dollar
Shops & Services
8,624 visits/mo
0.1 miles
Citgo
Shops & Services
5,452 visits/mo
0.2 miles
Pepe's Mexican Restaurant
Dining
2,032 visits/mo
0.3 miles
True Value Hardware
Home Improvements & Furnishings
1,659 visits/mo
0.4 miles
O'Reilly Auto Parts
Shops & Services
1,344 visits/mo
0.5 miles
Demographics for 60605, IL
34,071
Population
20,478
Households
1.7
Avg Household Size
34
Median Age
82%
College-Educated
96%
High-School Grad
1.4 sq mi
ZIP Area
24,336
Density / Sq Mi
$118,403
Median Household Income
$82,091
Median Earnings
$2,402
Median Rent
$495,900
Median Home Value
Market
Lease Benchmarks for Chicago, IL
$27.62 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
9,516 SF
Avg Space Size
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Retail space benefits from nearby CTA access and a high-density residential setting.
Where is this retail space located?
The property is located at 1250 S Michigan Chicago, IL.
What are key features of this property?
This property features: Ground‑floor retail space in Michigan Avenue Tower; Located within a 229‑unit condominium building; Just south of Roosevelt Road and Michigan Avenue
