Ground-Floor Retail Space with Street
For Lease
Contact for pricing
444 N Michigan Ave, Chicago, IL 60611
Ground-floor retail reconfiguration with flexible small shop layouts and strong Magnificent Mile exposure.
Space Size9,684 SF
Property Size518,000 SF
Days on Market1177
Property Features for 444 N Michigan Ave
General Information
Standard status
Active
Size
9,684 SF
Property subtype
OFFICE
Space & Availability
Contiguous Space
6,763 SF
Divisible
Yes
Space Use
Retail
Building Details
Building Size
518,000 SF
Spaces For Lease
at 444 N Michigan Ave Contact us- Floor
- 24
- Size
- 9,684 SF
- Type
- OFFICE
- Rate
- Contact for pricing
- Availability
- AVAILABLE, Now
- Sublease
- No
444 N Michigan Ave
- 444 North Michigan offers unique small shop flagship retail opportunities with...
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Listing Agency:
Transwestern | Chicago
(312) 881-7000
Listed By:
John Nelson
(312) 257-2892
Source:
Moodyscre
Added: Jun 28, 2023
Changed: Sep 8
Last Checked: Sep 15 at 11:43AM
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 ground-floor retail space designed for small shop flagship opportunities, with multiple configurations available. The ground floor is being reconfigured to provide up to 6,763 SF of flexible retail space, with tenant-branded storefront capability and approximately 80+ feet of frontage along the Magnificent Mile. The total property size is 9,684 SF.
Located at the base of a 518K SF+ Class A office tower, the space fronts North Michigan Avenue, positioned to serve both tourist and everyday foot traffic. The property also draws from office workers and local residents, supported by the large volume of visitors traveling the avenue each year.
This storefront-focused format is intended for retailers seeking flexible, flexible small-shop-ready frontage at 444 North Michigan Avenue.
Located at the base of a 518K SF+ Class A office tower, the space fronts North Michigan Avenue, positioned to serve both tourist and everyday foot traffic. The property also draws from office workers and local residents, supported by the large volume of visitors traveling the avenue each year.
This storefront-focused format is intended for retailers seeking flexible, flexible small-shop-ready frontage at 444 North Michigan Avenue.
Key Highlights
- Reconfigured ground‑floor retail with up to 6,763 SF of flexible space
- Approximately 80+ feet of frontage on the Magnificent Mile
- Small shop flagship retail with multiple configuration options
Property Analytics
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Open 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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Chicago, IL
$26.47 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
8,902 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 - Ground-floor retail reconfiguration with flexible small shop layouts and strong Magnificent Mile exposure.
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: Reconfigured ground‑floor retail with up to 6,763 SF of flexible space; Approximately 80+ feet of frontage on the Magnificent Mile; Small shop flagship retail with multiple configuration options
