Retail or Office Suite with
New
For Lease
Contact for pricing
151 Michigan Ave, Chicago, IL 60601
Flexible retail or office suite offers parking and is positioned within a multi-tenant retail lineup.
Property Size900 SF
Days on Market4
Property Features for 151 Michigan Ave
General Information
Standard status
Active
Size
900 SF
Property subtype
RETAIL
Building Details
Tenancy
Multi
Listing Agency:
Network Commercial Real Estate
(708) 927-8000
Listed By:
Neil Haleem · License #37077037778HN
(708) 927-8000
Source:
Moodyscre
Added: Jul 27
Changed: Jul 28
Last Checked: Jul 29 at 3:26PM
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 Network Commercial Real Estate
Investment Insights
Based on property information with market context.
This for-lease suite is configured for either retail or office use and totals 900 square feet. The offering includes parking, supporting everyday customer and employee access.
The space is located at 151 Michigan Ave, Chicago, IL 60601, within a multi-tenant environment that includes well-known national brands such as Starbucks, Sabarro, Burger King, Chicago Kernel, Red Mango, Auntie Ann’s, and Taco Fresco. Public remarks also note a captive daily commuter audience.
Lease terms and any exclusions are subject to the finalized lease structure; specifics are not provided in the available information.
The space is located at 151 Michigan Ave, Chicago, IL 60601, within a multi-tenant environment that includes well-known national brands such as Starbucks, Sabarro, Burger King, Chicago Kernel, Red Mango, Auntie Ann’s, and Taco Fresco. Public remarks also note a captive daily commuter audience.
Lease terms and any exclusions are subject to the finalized lease structure; specifics are not provided in the available information.
Key Highlights
- Flexible retail or office use options available for the suite
- Multi‑tenant retail lineup with the suite positioned for shared center use
- Suite includes parking
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
31,865
Businesses Nearby
117k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 55%
Shops & Services 23%
Apparel 12%
Dining 10%
theWit Chicago - a DoubleTree by Hilton Hotel
Hotels & Casinos
35,939 visits/mo
0.3 miles
Sheraton Grand Chicago Riverwalk
Hotels & Casinos
28,646 visits/mo
0.5 miles
BP
Shops & Services
25,664 visits/mo
0.1 miles
Saks OFF 5TH
Apparel
13,751 visits/mo
0.3 miles
McDonald's
Dining
9,419 visits/mo
0.1 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
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 - Flexible retail or office suite offers parking and is positioned within a multi-tenant retail lineup.
Where is this retail space located?
The property is located at 151 Michigan Ave Chicago, IL.
What are key features of this property?
This property features: Flexible retail or office use options available for the suite; Multi‑tenant retail lineup with the suite positioned for shared center use; Suite includes parking
