Renovated Office and Retail
For Lease
Contact for pricing
324 North Michigan Avenue, Chicago, IL 60601
Newly renovated office and retail space near Michigan Avenue.
Space Size4,315 SF
Days on Market161
Property Features for 324 North Michigan Avenue
General Information
Standard status
Active
Size
4,315 SF
Property subtype
Retail
Spaces For Lease
at 324 North Michigan Avenue Contact us- Size
- 4,315 SF
- Term
- Negotiable
- Rate
- Contact for pricing
324 N Michigan Avenue
Listing Agency:
Mid-America Real Estate
Listed By:
Lara Keene · License #475144046
(630) 481-4038
Source:
Midamericagrp
Added: Mar 26
Changed: Aug 31
Last Checked: Sep 1 at 5:48PM
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 Mid-America Real Estate
Investment Insights
Based on property information with market context.
The property at 324 North Michigan Avenue is a newly renovated office and retail building situated near the intersection of Michigan Avenue and Wacker Drive. The lobby incorporates elements of the original terracotta façade dating back to 1910. The third-floor suite features a painted exposed brick wall displaying a vintage Gold Medal Flour advertisement. The building is serviced by one passenger elevator across its three floors. Its location provides convenient access to the Chicago Riverwalk, Millennium Park, multiple CTA lines, the Pedway, and a residential area. The building has a distinctive appearance.
Key Highlights
- Unbeatable location near Michigan Avenue and Wacker Drive, with access to the Chicago Riverwalk, Millennium Park, CTA lines, and the Pedway.
- Newly renovated office and retail property.
- Distinctive, eye‑catching appearance.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
26,675
Businesses Nearby
70k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 47%
Hotels & Casinos 20%
Apparel 20%
Dining 14%
BP
Shops & Services
25,664 visits/mo
0.3 miles
Renaissance Blackstone Hotel
Hotels & Casinos
13,890 visits/mo
0.4 miles
Saks OFF 5TH
Apparel
13,751 visits/mo
0.3 miles
McDonald's
Dining
9,419 visits/mo
0.4 miles
Fifth Third Bank & ATM
Shops & Services
4,367 visits/mo
0.5 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
$27.62 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
9,516 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 - Newly renovated office and retail space near Michigan Avenue.
Where is this retail space located?
The property is located at 324 North Michigan Avenue Chicago, IL.
What are key features of this property?
This property features: Unbeatable location near Michigan Avenue and Wacker Drive, with access to the Chicago Riverwalk, Millennium Park, CTA lines, and the Pedway.; Newly renovated office and retail property.; Distinctive, eye‑catching appearance.
