Flagship Storefront Retail
For Lease
Contact for pricing
444 N Michigan Ave, Chicago, IL 60611
Reconfigured ground-floor storefront space with flexible layouts and prominent frontage on the Magnificent Mile.
Property Size4,007 SF
Days on Market1271
Property Features for 444 N Michigan Ave
General Information
Standard status
Active
Size
4,007 SF
Property subtype
OFFICE
Space & Availability
Floor
Ground
Space Use
Retail
Amenities
tenant branded storefronts
Listing Agency:
Transwestern | Chicago
(312) 257-2892
Listed By:
John Nelson
Source:
Moodyscre
Added: Feb 7, 2023
Changed: Jul 31
Last Checked: Aug 1 at 2:10PM
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 flagship retail opportunities with multiple configurations available. The ground floor is being reconfigured to provide up to 6,763 SF of flexible retail space fronting the Magnificent Mile, with over 80 feet of street frontage. The design supports tenant-branded storefront opportunities, making it well suited for retailers looking for a highly visible street presence.
The property sits at the base of a 518K SF+ Class A office tower, supporting a steady mix of daytime office traffic and local walk-in shoppers. The setting also draws visitors traveling along Michigan Avenue, with nearly 30 million visitors noted to travel the avenue each year.
Flexible retail configuration plus significant frontage provide a practical retail footprint for a tenant seeking a prominent storefront on Chicago’s high-street corridor.
The property sits at the base of a 518K SF+ Class A office tower, supporting a steady mix of daytime office traffic and local walk-in shoppers. The setting also draws visitors traveling along Michigan Avenue, with nearly 30 million visitors noted to travel the avenue each year.
Flexible retail configuration plus significant frontage provide a practical retail footprint for a tenant seeking a prominent storefront on Chicago’s high-street corridor.
Key Highlights
- Up to 6,763 SF of reconfigured, flexible ground‑floor retail space
- Over 80 feet of frontage fronting the Magnificent Mile
- Tenant‑branded storefront capability supported by the ground‑floor configuration
Property 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
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
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Frequently Asked Questions
What type of property is this?
Storefront property - Reconfigured ground-floor storefront space with flexible layouts and prominent frontage on the Magnificent Mile.
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: Up to 6,763 SF of reconfigured, flexible ground‑floor retail space; Over 80 feet of frontage fronting the Magnificent Mile; Tenant‑branded storefront capability supported by the ground‑floor configuration