Retail Space with Extensive
For Lease
Contact for pricing
444 N Michigan Ave, Chicago, IL 60611
Ground-floor retail space offers flexible configurations with over 80 feet of street-facing frontage.
Space Size5,965 SF
Days on Market978
Property Features for 444 N Michigan Ave
General Information
Standard status
Active
Size
5,965 SF
Class
A
Property subtype
OFFICE
Spaces For Lease
at 444 N Michigan Ave Contact us- Floor
- 24
- Size
- 5,965 SF
- Type
- OFFICE
- Rate
- Contact for pricing
- Availability
- AVAILABLE, Now
- Sublease
- No
444 N Michigan Ave
- 444 North Michigan offers unique small shop flagship retail opportunities with...
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Listing Agency:
Transwestern | Chicago
(312) 881-7000
Listed By:
John Nelson
(312) 257-2892
Source:
Moodyscre
Added: Jan 12, 2024
Changed: Sep 9
Last Checked: Sep 15 at 9:25AM
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 Transwestern | Chicago
Investment Insights
Based on property information with market context.
444 N Michigan Ave offers small-shop, ground-floor retail opportunities with multiple configurations currently being prepared as part of a reconfiguration. The space is designed for flexible retail use and may be arranged for tenant-branded storefronts.
Located at the base of a Class A office tower totaling approximately 518,000 square feet, the reconfigured ground-floor retail will total up to 6,763 square feet and fronts the Magnificent Mile on N Michigan Ave. With over 80 feet of frontage, the property is positioned for strong visibility to street-level retail customers.
Located at the base of a Class A office tower totaling approximately 518,000 square feet, the reconfigured ground-floor retail will total up to 6,763 square feet and fronts the Magnificent Mile on N Michigan Ave. With over 80 feet of frontage, the property is positioned for strong visibility to street-level retail customers.
Key Highlights
- Ground‑floor retail space with flexible configurations and up to 6,763 SF planned reconfiguration
- Over 80 feet of street‑facing frontage on Michigan Avenue
- Tenant branded storefront capability for flexible retail presentation
Property Analytics
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Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
34,739
Businesses Nearby
592k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 47%
Hotels & Casinos 25%
Apparel 23%
Shops & Services 5%
Nordstrom
Apparel
136,729 visits/mo
0.2 miles
Starbucks
Dining
132,317 visits/mo
0.2 miles
McDonald's
Dining
65,567 visits/mo
0.4 miles
McDonald's
Dining
52,443 visits/mo
0.5 miles
theWit Chicago - a DoubleTree by Hilton Hotel
Hotels & Casinos
35,939 visits/mo
0.4 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Chicago, IL
$27.22 /SF/Yr
Avg Asking Price
$11–$133 /SF/Yr
Price Range
3,744 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?
Storefront property - Ground-floor retail space offers flexible configurations with over 80 feet of street-facing frontage.
Where is this storefront property located?
The property is located at 444 N Michigan Ave Chicago, IL.
What are key features of this property?
This property features: Ground‑floor retail space with flexible configurations and up to 6,763 SF planned reconfiguration; Over 80 feet of street‑facing frontage on Michigan Avenue; Tenant branded storefront capability for flexible retail presentation
