Ground-Floor Retail
For Lease
Contact for pricing
2300 S Michigan Ave, Chicago, IL 60616
Ground-floor retail units with high ceilings and a generous window line, with 2 indoor parking spaces available.
Property Size2,450 SF
Days on Market152
Property Features for 2300 S Michigan Ave
General Information
Standard status
Active
Size
2,450 SF
Total Parking Spaces
2
Property subtype
RETAIL
Amenities
exterior signage
Listing Agency:
Willard Jones Real Estate
(312) 263-8787
Listed By:
Jonathan Zimmerman · License #471009051
Source:
Moodyscre
Added: Mar 3
Changed: Jul 22
Last Checked: Jul 22 at 10:14AM
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 Willard Jones Real Estate
Investment Insights
Based on property information with market context.
2300 S Michigan offers ground-floor retail space at the base of a luxury apartment building. Available units feature high ceilings and a generous window line, along with an open area configuration that includes 2 indoor parking spaces. The property also notes availability of parking options and exterior signage.
The space is located in the South Loop near Michigan Avenue within the motor row district.
The available layout is suited to a range of uses identified in the offering, including coffee shop, food service, or medical.
The space is located in the South Loop near Michigan Avenue within the motor row district.
The available layout is suited to a range of uses identified in the offering, including coffee shop, food service, or medical.
Key Highlights
- Ground‑floor retail units at 2300 S Michigan with high ceilings
- Generous window line with sightlines overlooking Michigan Avenue
- Open area includes 2 indoor parking spaces
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,404
Businesses Nearby
Explore this area
Business Placement
Demographics for 60616, IL
54,013
Population
26,912
Households
2
Avg Household Size
38
Median Age
53%
College-Educated
86%
High-School Grad
3.8 sq mi
ZIP Area
14,214
Density / Sq Mi
$77,841
Median Household Income
$53,415
Median Earnings
$1,329
Median Rent
$387,300
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
This space is priced 3% below the average of $25.71 /SF/Yr.
Vacancy Rate% for Office in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Retail space - Ground-floor retail units with high ceilings and a generous window line, with 2 indoor parking spaces available.
Where is this retail space located?
The property is located at 2300 S Michigan Ave Chicago, IL.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Ground‑floor retail units at 2300 S Michigan with high ceilings; Generous window line with sightlines overlooking Michigan Avenue; Open area includes 2 indoor parking spaces
