Flexible Retail Storefront
For Lease
Contact for pricing
444 N Michigan Ave, Chicago, IL 60611
Ground-floor space is being reconfigured for flexible retail with ability for branded storefronts and extensive frontage.
Property Size2,104 SF
Days on Market839
Property Features for 444 N Michigan Ave
General Information
Standard status
Active
Size
2,104 SF
Property subtype
OFFICE
Space & Availability
Floor
Ground
Space Use
Retail
Additional Details
Frontage
80 ft
Amenities
tenant branded storefronts
Building Details
Building Size
518,000 SF
Listing Agency:
Transwestern | Chicago
(312) 257-2892
Listed By:
John Nelson
Source:
Moodyscre
Added: Apr 16, 2024
Changed: Jul 29
Last Checked: Aug 1 at 10:15AM
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 Avenue offers a ground-floor retail opportunity with multiple configurations available. The space is being reconfigured to provide up to 6,763 SF of flexible retail, with storefront frontage at street level.
The property sits at the base of a 518K SF+ Class A office tower, supporting a built-in flow of office workers and visitors. It features over 80 feet of frontage facing the Magnificent Mile, with the ability for tenant branded storefronts.
Designed for small shop retailers seeking a prominent street presence, the frontage and flexible layout allow retailers to tailor their plan within the available configurations.
The property sits at the base of a 518K SF+ Class A office tower, supporting a built-in flow of office workers and visitors. It features over 80 feet of frontage facing the Magnificent Mile, with the ability for tenant branded storefronts.
Designed for small shop retailers seeking a prominent street presence, the frontage and flexible layout allow retailers to tailor their plan within the available configurations.
Key Highlights
- Up to 6,763 SF flexible ground‑floor retail with multiple configurations
- Over 80 feet of frontage fronting the Magnificent Mile
- Ability for tenant branded storefronts
Property 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
Under-served
Demand for This Use
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
$21.65 /SF/Yr
Avg Asking Price
$0.92–$45 /SF/Yr
Price Range
2,073 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?
Storefront property - Ground-floor space is being reconfigured for flexible retail with ability for branded storefronts and extensive frontage.
Where is this storefront property located?
The property is located at 444 N Michigan Ave Chicago, IL.
What are key features of this property?
This property features: Up to 6,763 SF flexible ground‑floor retail with multiple configurations; Over 80 feet of frontage fronting the Magnificent Mile; Ability for tenant branded storefronts
