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Retail Space with Extensive Frontage
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444 N Michigan Ave, Chicago, IL 60611

Ground-floor retail space offers flexible configurations with over 80 feet of street-facing frontage.

Property Size5,965 SF
Days on Market932

Property Features for 444 N Michigan Ave

General Information

Standard status Active
Size 5,965 SF
Class A
Property subtype OFFICE
Listing Agency: Transwestern | Chicago
Listed By: John Nelson
Source: Moodyscre
Added: Jan 12, 2024 Changed: Jul 28 Last Checked: Aug 1 at 2:13PM

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.

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

Current Use

Urban East Realty Real Estate Agency American Dental Hygienists' ... Association / Organization Applus Technologies Auto Repair Shop Hull Law Group ... Law Firm Riskturn Inc. (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Nursing Home Butcher Buffet Adult Day Care

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

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

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

Market

Lease Benchmarks for Chicago, IL

$22.12 /SF/Yr
Avg Asking Price
$0.92–$45 /SF/Yr
Price Range
2,359 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?
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
(312) 257-2892 Call to check price and availability
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