Bi-Level Retail/Restaurant
For Lease
Contact for pricing
300 N Michigan Ave, Chicago, IL 60601
Bi-level retail and restaurant space available at 300 N Michigan Ave, near major downtown tourism destinations.
Space Size19,125 SF
Days on Market899
Property Features for 300 N Michigan Ave
General Information
Standard status
Active
Size
19,125 SF
Property subtype
RETAIL
Site & Location
Neighborhood
Loop
Spaces For Lease
at 300 N Michigan Ave
300 N Michigan Ave
$75 – $150/SF/Yr
Floor
1
Size
19,125 SF
Type
RETAIL
Availability
AVAILABLE, Now
Sublease
No
FLAGSHIP RETAIL/RESTAURANT OPPORTUNITY: 300 North Michigan offers nearly 25,000 sf of bi-level premium retail/restaurant space at North Michigan Ave and East Wacker Place. An unmatched opportunity to reinvent a brand along with Millennium Mile between Millennium Park and the Chicago Riverwalk. 300 North Michigan is in the heart of where Chicago comes together to celebrate. From Millennium Park and Navy Pier - two of the top tourist destinations in the Midwest to Taste of Chicago and Lollapalooza.
Contact us
Listing Agency:
Goldstreet Partners
(847) 274-8504
Listed By:
Allan Perales · License #471019187
(312) 852-5526
Source:
Moodyscre
Added: May 9, 2024
Changed: Oct 11
Last Checked: Oct 24 at 4:25PM
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 Goldstreet Partners
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Investment Insights
Based on property information with market context.
300 N Michigan offers a bi-level retail/restaurant space configured for premium street-level presentation and multi-level operations. The offering totals approximately 19,125 square feet, providing substantial room for a retail or restaurant concept within a single cohesive property.
Located at North Michigan Avenue and East Wacker Place, the property sits along the “Millennium Mile” corridor between Millennium Park and the Chicago Riverwalk. The surrounding area is closely associated with major visitor draws, including Millennium Park and Navy Pier, and event activity such as Taste of Chicago and Lollapalooza.
This is a strong match for tenants seeking an established downtown retail/restaurant address with a bi-level layout and a prominent setting along a high-profile pedestrian corridor.
Located at North Michigan Avenue and East Wacker Place, the property sits along the “Millennium Mile” corridor between Millennium Park and the Chicago Riverwalk. The surrounding area is closely associated with major visitor draws, including Millennium Park and Navy Pier, and event activity such as Taste of Chicago and Lollapalooza.
This is a strong match for tenants seeking an established downtown retail/restaurant address with a bi-level layout and a prominent setting along a high-profile pedestrian corridor.
Key Highlights
- Nearly 25,000 SF of bi‑level retail/restaurant space available at 300 N Michigan Ave
- Located at North Michigan Ave and East Wacker Place
- Opportunity positioned along the Millennium Mile between Millennium Park and the Chicago Riverwalk
Property Analytics
Who owns this building?
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$11.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
44,748
Businesses Nearby
646k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 42%
Apparel 23%
Hotels & Casinos 23%
Shops & Services 8%
Nordstrom
Apparel
136,729 visits/mo
0.2 miles
Starbucks
Dining
132,317 visits/mo
0.4 miles
McDonald's
Dining
65,567 visits/mo
0.4 miles
theWit Chicago - a DoubleTree by Hilton Hotel
Hotels & Casinos
35,939 visits/mo
0.2 miles
Fogo de Chao
Dining
28,749 visits/mo
0.5 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Chicago, IL
$25.14 /SF/Yr
Avg Asking Price
$8–$114 /SF/Yr
Price Range
8,876 SF
Avg Space Size
This space is priced 198% above the average of $25.14 /SF/Yr.
Vacancy Rate% for Retail in Chicago, IL
Frequently Asked Questions
What type of property is this?
Retail space - Bi-level retail and restaurant space available at 300 N Michigan Ave, near major downtown tourism destinations.
Where is this retail space located?
The property is located at 300 N Michigan Ave Chicago, IL.
What is the lease rate?
The lease rate is $75 SF/Yr.
What are key features of this property?
This property features: Nearly 25,000 SF of bi‑level retail/restaurant space available at 300 N Michigan Ave; Located at North Michigan Ave and East Wacker Place; Opportunity positioned along the Millennium Mile between Millennium Park and the Chicago Riverwalk
