Corner Flagship Retail
For Lease
Contact for pricing
151-155 N Michigan Ave, Chicago, IL 60601
Corner space with high ceilings and Michigan Avenue and Randolph Street frontage, offered for rent.
Space Size1,570 SF
Days on Market1049
Property Features for 151-155 N Michigan Ave
General Information
Standard status
Active
Size
1,570 SF
Property subtype
RETAIL
Additional Details
Road Access
Yes
Building Details
Tenancy
Single
Spaces For Lease
at 151-155 N Michigan Ave Contact us- Floor
- 1
- Size
- 1,570 SF
- Type
- RETAIL
- Rate
- Contact for pricing
- Availability
- AVAILABLE, Now
- Sublease
- No
151 - 155 N Michigan Ave
- Millennium Park Plaza presents a high profile, corner flagship retail, restaurant...
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Contact us
Listing Agency:
Mid-America Real Estate Group | Chicago
(630) 954-7327
Listed By:
Paul Bryant · License #471008163
(630) 954-7354
Source:
Moodyscre
Added: Oct 30, 2023
Changed: Sep 1
Last Checked: Sep 12 at 9:52AM
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 Mid-America Real Estate Group | Chicago
Investment Insights
Based on property information with market context.
Millennium Park Plaza offers a corner flagship opportunity for retail, restaurant, or entertainment use, with approximately 4,650 square feet of divisible space. The suite features high ceilings and approximately 180 feet of frontage along Michigan Avenue and 170 feet along Randolph Street.
The property is directly adjacent to Millennium Park, Maggie Daley Park, and the Chicago Cultural Center, and is described as being just blocks from the Art Institute of Chicago and the Magnificent Mile.
The broader development includes two levels totaling approximately 112,000 square feet and is presented as a single-tenant flagship offering.
The property is directly adjacent to Millennium Park, Maggie Daley Park, and the Chicago Cultural Center, and is described as being just blocks from the Art Institute of Chicago and the Magnificent Mile.
The broader development includes two levels totaling approximately 112,000 square feet and is presented as a single-tenant flagship offering.
Key Highlights
- Corner flagship retail/restaurant/entertainment space with 4,650 SF and high ceilings
- 180’ frontage on Michigan Avenue and 70’ frontage on Randolph Street
- Two‑level, 12,000 SF restaurant space
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Yes
Paved road access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
35,231
Businesses Nearby
337k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 45%
Hotels & Casinos 33%
Shops & Services 15%
Dining 7%
Nordstrom
Apparel
136,729 visits/mo
0.4 miles
theWit Chicago - a DoubleTree by Hilton Hotel
Hotels & Casinos
35,939 visits/mo
0.2 miles
Sheraton Grand Chicago Riverwalk
Hotels & Casinos
28,646 visits/mo
0.3 miles
Hampton Inn & Suites Chicago Downtown By Hilton
Hotels & Casinos
26,716 visits/mo
0.4 miles
BP
Shops & Services
25,664 visits/mo
0.3 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
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Market
Lease Benchmarks for Chicago, IL
$26.1 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
8,322 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 - Corner space with high ceilings and Michigan Avenue and Randolph Street frontage, offered for rent.
Where is this retail space located?
The property is located at 151-155 N Michigan Ave Chicago, IL.
What are key features of this property?
This property features: Corner flagship retail/restaurant/entertainment space with 4,650 SF and high ceilings; 180’ frontage on Michigan Avenue and 70’ frontage on Randolph Street; Two‑level, 12,000 SF restaurant space
