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Retail Space Steps From CTA
For Lease
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1250 & 1400 South Michigan Avenue, Chicago, IL 60605

Retail space for lease in a high-density area with CTA access and heavy daily traffic.

Space Size2,092 SF
Property Size9,217 SF
Days on Market51

Property Features for 1250 & 1400 South Michigan Avenue

General Information

Standard status Active
Size 2,092 SF
Property subtype Retail - Street Retail

Additional Details

Traffic Count 41,565 vehicles/day

Building Details

Building Size 9,217 SF
Year Built 2006
Units 19

Spaces For Lease

at 1250 & 1400 South Michigan Avenue Contact us

1250A

Size
2,092 SF
Type
Retail
Rate
Contact for pricing
Lease Type
NNN
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us
Listing Agency: Frontline Real Estate Partners
Listed By: Matthew Tarshis · License #471022713
Source: Commercialcafe
Added: Jul 26 Changed: Sep 11 Last Checked: Sep 13 at 5:22AM

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 Frontline Real Estate Partners

Investment Insights

Based on property information with market context.

This retail space is available for lease in an affluent, high-density area. The unit is approximately 2,092 square feet and is positioned just steps from the CTA station.

The property benefits from exposure to an estimated 41,565 vehicles per day. It sits just south of the intersection of Roosevelt Rd and Michigan Ave, near Grant Park, the museum campus, Soldier Field, and Michigan Avenue’s Magnificent Mile.

Key Highlights

  • Retail space for lease in a high‑density area with CTA access
  • Just steps from the CTA station
  • Positioned just south of the intersection of Roosevelt Rd and Michigan Ave

Property Analytics

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Current Use

Beth M. Elia, ... Physician Same Day Pest ... Garden Center Bank of America ATM Atm Jimmy John's Take-out & Catering Polish Me Nails ... Nail Salon

Suggested Use

Top Pick Butcher (Bike/Boat/Book/etc) Store Nursing Home Florist Carpet & Flooring Store Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

41,565 VPD
Traffic count
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

4,739
Businesses Nearby
232k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 57% Groceries 20% Hotels & Casinos 10% Apparel 8%
Target Superstores
131,620 visits/mo 0.4 miles
Jewel-Osco Groceries
46,012 visits/mo 0.1 miles
H&M Apparel
18,041 visits/mo 0.5 miles
Renaissance Blackstone Hotel Hotels & Casinos
13,890 visits/mo 0.5 miles
Dunkin' Donuts Dining
7,724 visits/mo 0.4 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space for lease in a high-density area with CTA access and heavy daily traffic.
Where is this retail space located?
The property is located at 1250 & 1400 South Michigan Avenue Chicago, IL.
What are key features of this property?
This property features: Retail space for lease in a high‑density area with CTA access; Just steps from the CTA station; Positioned just south of the intersection of Roosevelt Rd and Michigan Ave
More about this property
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