Retail and Office Space with
For Lease
Contact for pricing
151 Michigan Ave, Chicago, IL 60601
Retail or office space at 151 Michigan Ave with parking, designed for potential storefront or service tenant use.
Space Size1,678 SF
Days on Market866
Property Features for 151 Michigan Ave
General Information
Standard status
Active
Size
1,678 SF
Property subtype
RETAIL
Building Details
Tenancy
Multi
Spaces For Lease
at 151 Michigan Ave Contact us- Floor
- 1
- Size
- 1,678 SF
- Type
- RETAIL
- Rate
- Contact for pricing
- Lease Type
- NNN
- Availability
- AVAILABLE, Now
- Sublease
- No
Millennium Park Plaza
- Retail or office use
- Includes parking!
- Join Starbucks, Sabarro, Burger King,...
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Contact us
Listing Agency:
Network Commercial Real Estate
(708) 927-8000
Listed By:
Neil Haleem · License #37077037778HN
(708) 927-8000
Source:
Moodyscre
Added: Apr 10, 2024
Changed: Aug 8
Last Checked: Aug 23 at 4:53AM
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 1,678 SF retail or office space at 151 Michigan Ave in Chicago is offered for rent and includes parking for tenants and visitors. The layout supports a flexible use as either retail-facing operations or office-based services, depending on your business needs.
The tenant space is positioned within a mixed retail environment with nearby co-tenants listed as Starbucks, Sabarro, Burger King, Chicago Kernel, Red Mango, Auntie Ann's, and Taco Fresco. That surrounding retail mix can support day-to-day customer flow for compatible concepts.
Please note that various exclusions apply to the offering. Review the applicable terms to confirm what is included with the space and parking.
The tenant space is positioned within a mixed retail environment with nearby co-tenants listed as Starbucks, Sabarro, Burger King, Chicago Kernel, Red Mango, Auntie Ann's, and Taco Fresco. That surrounding retail mix can support day-to-day customer flow for compatible concepts.
Please note that various exclusions apply to the offering. Review the applicable terms to confirm what is included with the space and parking.
Key Highlights
- 1,678 SF retail or office space available for rent
- Includes parking for tenants and visitors
- 151 Michigan Ave, Chicago, IL 60601
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
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
Market
Lease Benchmarks for Chicago, IL
$25.9 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
9,190 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 - Retail or office space at 151 Michigan Ave with parking, designed for potential storefront or service tenant use.
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: 1,678 SF retail or office space available for rent; Includes parking for tenants and visitors; 151 Michigan Ave, Chicago, IL 60601
