Flagship Retail
For Lease
Contact for pricing
444 N Michigan Ave, Chicago, IL 60611
Flexible ground-floor retail opportunities with branded storefront potential in a Class A office tower.
Property Size15,649 SF
Days on Market1131
Property Features for 444 N Michigan Ave
General Information
Standard status
Active
Size
15,649 SF
Net Rentable
6,763 SF
Property subtype
OFFICE
Space & Availability
Floor
Ground
Space Use
Retail
Additional Details
Frontage
80 ft
Building Details
Building Size
518,000 SF
Listing Agency:
Transwestern | Chicago
(312) 257-2892
Listed By:
John Nelson
Source:
Moodyscre
Added: Jun 28, 2023
Changed: Jul 31
Last Checked: Aug 1 at 9:12AM
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 North Michigan Avenue offers flexible ground-floor retail space within the base of a 518K SF+ Class A office tower. The ground floor is being reconfigured to provide up to 6,763 SF, with multiple configurations available for small shop retailers. Tenant-branded storefronts are supported, and the space provides more than 80 feet of frontage along Michigan Avenue.
The property fronts the Magnificent Mile and is positioned to serve tourists, visitors, office workers, local residents, and shoppers traveling along the avenue. Michigan Avenue draws nearly 30 million visitors annually, creating a prominent setting for retail concepts seeking a presence on Chicago’s high street.
The property fronts the Magnificent Mile and is positioned to serve tourists, visitors, office workers, local residents, and shoppers traveling along the avenue. Michigan Avenue draws nearly 30 million visitors annually, creating a prominent setting for retail concepts seeking a presence on Chicago’s high street.
Key Highlights
- Up to 6,763 SF of flexible ground‑floor retail space
- More than 80 feet of frontage along Michigan Avenue
- Located at the base of a 518K SF+ Class A office tower
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
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
$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 ground-floor retail opportunities with branded storefront potential in a Class A office tower.
Where is this retail space 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 flexible ground‑floor retail space; More than 80 feet of frontage along Michigan Avenue; Located at the base of a 518K SF+ Class A office tower
