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Flagship Retail Corner Opportunities
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444 N Michigan Ave, Chicago, IL 60611

Ground-floor retail space is being reconfigured with up to multiple flexible layouts and over 80 feet of frontage.

Space Size1,885 SF
Days on Market1309

Property Features for 444 N Michigan Ave

General Information

Standard status Active
Size 1,885 SF
Property subtype OFFICE

Spaces For Lease

at 444 N Michigan Ave Contact us

444 N Michigan Ave

Floor
4
Size
1,885 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- 444 North Michigan offers unique small shop flagship retail opportunities with...
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Listing Agency: Transwestern | Chicago
Listed By: John Nelson
Source: Moodyscre
Added: Feb 7, 2023 Changed: Aug 8 Last Checked: Jul 24 at 4:32AM

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 small-shop flagship retail configurations, with the ground floor currently being reconfigured to provide up to 6,763 square feet of retail space. The space fronts the Magnificent Mile and is designed to accommodate tenant-branded storefronts, supported by more than 80 feet of frontage.

The property sits at the base of a 518,000+ square foot Class A office tower, supporting an active mix of foot traffic from Michigan Avenue visitors, office workers, and local residents. Retail space at 444 North Michigan Avenue is positioned to draw from the nearly 30 million visitors who travel Michigan Avenue each year.

Multiple configurations are available to suit different retail layouts, making the space workable for tenants seeking a prominent, street-facing presence on Chicago’s high street.

Key Highlights

  • Ground‑floor retail space at 444 North Michigan Ave being reconfigured into up to multiple flexible layouts
  • Up to 6,763 SF of flexible ground‑floor retail space fronting the Magnificent Mile
  • Over 80 feet of retail frontage on Michigan Avenue

Property Analytics

Current Use

Urban East Realty Real Estate Agency American Dental Hygienists' ... Association / Organization Applus Technologies Auto Repair Shop Hull Law Group ... Law Firm Riskturn Inc. (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Nursing Home Butcher Buffet Adult Day Care

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

34,739
Businesses Nearby
592k
Monthly Visits Nearby

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

$26.1 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
8,322 SF
Avg Space Size

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Ground-floor retail space is being reconfigured with up to multiple flexible layouts and over 80 feet of frontage.
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 444 North Michigan Ave being reconfigured into up to multiple flexible layouts; Up to 6,763 SF of flexible ground‑floor retail space fronting the Magnificent Mile; Over 80 feet of retail frontage on Michigan Avenue
(312) 257-2892 Call to check price and availability
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