Small Shop Retail
For Lease
Contact for pricing
444 N Michigan Ave, Chicago, IL 60611
Ground floor reconfiguration offers flexible small-shop retail with extensive street frontage along a premier Chicago avenue.
Property Size8,671 SF
Days on Market933
Property Features for 444 N Michigan Ave
General Information
Standard status
Active
Size
8,671 SF
Property subtype
OFFICE
Space & Availability
Floor
Ground
Space Use
Retail
Additional Details
Frontage
80 ft
Building Details
Building Size
518,000 SF
Listing Agency:
Transwestern | Chicago
(312) 257-2892
Listed By:
John Nelson
Source:
Moodyscre
Added: Jan 12, 2024
Changed: Jul 30
Last Checked: Aug 1 at 11:32AM
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 N Michigan Ave offers small shop flagship retail opportunities with multiple configurations available. The ground floor is being reconfigured to provide up to 6,763 SF of flexible retail space fronting the Magnificent Mile.
Located at the base of a 518K SF+ Class A office tower, the space provides over 80 feet of frontage designed to support tenant-branded storefronts. The building sits on Michigan Avenue, drawing a mix of tourists and visitors from the south, office workers, and local residents from the east and west, along with the steady shopping population associated with the avenue.
Ideal for retailers looking for a prominent presence on a high-traffic, branded retail corridor, 444 N Michigan Avenue is positioned to capture consumer demand from one of Chicago’s best-known streets.
Located at the base of a 518K SF+ Class A office tower, the space provides over 80 feet of frontage designed to support tenant-branded storefronts. The building sits on Michigan Avenue, drawing a mix of tourists and visitors from the south, office workers, and local residents from the east and west, along with the steady shopping population associated with the avenue.
Ideal for retailers looking for a prominent presence on a high-traffic, branded retail corridor, 444 N Michigan Avenue is positioned to capture consumer demand from one of Chicago’s best-known streets.
Key Highlights
- Up to 6,763 SF flexible retail space available on the ground floor
- Over 80 feet of frontage for tenant‑branded storefronts
- Ground floor reconfigured for multiple retail configurations
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
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
$25.71 /SF/Yr
Avg Asking Price
$0.92–$80 /SF/Yr
Price Range
4,887 SF
Avg Space Size
Vacancy Rate% for Retail in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Retail space - Ground floor reconfiguration offers flexible small-shop retail with extensive street frontage along a premier Chicago avenue.
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: Up to 6,763 SF flexible retail space available on the ground floor; Over 80 feet of frontage for tenant‑branded storefronts; Ground floor reconfigured for multiple retail configurations