Retail Space with Branded
For Lease
Contact for pricing
444 N Michigan Ave, Chicago, IL 60611
Flexible ground-floor shop space fronts Michigan Avenue at the base of a Class A office tower.
Property Size4,760 SF
Days on Market1271
Property Features for 444 N Michigan Ave
General Information
Standard status
Active
Size
4,760 SF
Property subtype
OFFICE
Space & Availability
Floor
Ground
Space Use
Retail
Additional Details
Frontage
80 ft
Building Details
Building Size
518,000 SF
Tenancy
Multi
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 5:22AM
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 offers flexible ground-floor retail space at the base of a 518K SF+ Class A office tower. The ground floor is being reconfigured to accommodate multiple small-shop configurations, with tenant-branded storefronts and over 80 feet of frontage along Michigan Avenue.
The property fronts the Magnificent Mile in Chicago, drawing tourists and visitors from the south, office workers, local residents, and shopping populations along the avenue. Nearly 30 million visitors travel Michigan Avenue every year, providing a substantial surrounding visitor population for retailers seeking a storefront presence on the corridor.
The property fronts the Magnificent Mile in Chicago, drawing tourists and visitors from the south, office workers, local residents, and shopping populations along the avenue. Nearly 30 million visitors travel Michigan Avenue every year, providing a substantial surrounding visitor population for retailers seeking a storefront presence on the corridor.
Key Highlights
- Ground‑floor retail space at the base of a 518K SF+ Class A office tower
- Multiple small‑shop configurations available as the ground floor is being reconfigured
- Over 80 feet of frontage along Michigan Avenue
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
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 shop space fronts Michigan Avenue at the base of 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: Ground‑floor retail space at the base of a 518K SF+ Class A office tower; Multiple small‑shop configurations available as the ground floor is being reconfigured; Over 80 feet of frontage along Michigan Avenue
