Flagship Retail Building
For Lease
Contact for pricing
555 N Michigan Ave, Chicago, IL 60611
Single-tenant retail building with a dramatic two-story entrance, mezzanine space, and lower level support areas.
Property Size3,000 SF
Days on Market1268
Property Features for 555 N Michigan Ave
General Information
Standard status
Active
Size
3,000 SF
Property subtype
RETAIL
Building Details
Tenancy
Single
Listing Agency:
CBRE | Chicago
(312) 935-1905
Listed By:
Danny Jacobson
(312) 935-1901
Source:
Moodyscre
Added: Feb 8, 2023
Changed: Jul 26
Last Checked: Jul 30 at 2:42PM
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 CBRE | Chicago
Investment Insights
Based on property information with market context.
This is a one-of-a-kind single-tenant flagship retail opportunity offered as an entire building. The property includes the available building, windows, and facade for branding, along with a dramatic two-story open entrance. A luxury retail buildout is in place, supplemented by a mezzanine for additional sales floor or private client experience. The lower level is fully built out for storage, back of house functions, offices, and an employee break room. Floors 3 through 5 can remain fallow or be activated for use based on the new tenant’s discretion.
The space is available January 2023 and is located at 555 N Michigan Ave in Chicago. It is noted as being adjacent to a New Aritzia Global flagship slated to open in 2023.
The current configuration supports both public-facing retail space and operational back-of-house needs, while leaving upper floors flexible for future activation.
The space is available January 2023 and is located at 555 N Michigan Ave in Chicago. It is noted as being adjacent to a New Aritzia Global flagship slated to open in 2023.
The current configuration supports both public-facing retail space and operational back-of-house needs, while leaving upper floors flexible for future activation.
Key Highlights
- Single‑tenant retail building with entire building, windows, and facade available for branding
- Available January 2023 as a single‑tenant flagship retail opportunity
- Dramatic two‑story open entrance
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
30,068
Businesses Nearby
613k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 53%
Apparel 22%
Hotels & Casinos 19%
Shops & Services 6%
Nordstrom
Apparel
136,729 visits/mo
0.2 miles
Starbucks
Dining
132,317 visits/mo
0.1 miles
McDonald's
Dining
65,567 visits/mo
0.4 miles
McDonald's
Dining
52,443 visits/mo
0.4 miles
Fogo de Chao
Dining
28,749 visits/mo
0.5 miles
Demographics for 60611, IL
38,456
Population
28,239
Households
1.4
Avg Household Size
39
Median Age
88%
College-Educated
99%
High-School Grad
0.8 sq mi
ZIP Area
48,070
Density / Sq Mi
$124,621
Median Household Income
$92,917
Median Earnings
$2,416
Median Rent
$608,200
Median Home Value
Market
Lease Benchmarks for Chicago, IL
$25.71 /SF/Yr
Avg Asking Price
$0.92–$80 /SF/Yr
Price Range
4,887 SF
Avg Space Size
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Single-tenant retail building with a dramatic two-story entrance, mezzanine space, and lower level support areas.
Where is this retail space located?
The property is located at 555 N Michigan Ave Chicago, IL.
What are key features of this property?
This property features: Single‑tenant retail building with entire building, windows, and facade available for branding; Available January 2023 as a single‑tenant flagship retail opportunity; Dramatic two‑story open entrance
