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540 Michigan Avenue Chicago, IL 60611

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Prime retail space on Michigan Avenue with high visibility.

Type:Retail
Property size:
41,186 SF
Added:
Nov 22, 2025
Days on Market:
137
Last Refresh:
Apr 5 at 8:56 pm

Property Features for 540 Michigan Avenue

General Information

Standard status
Active
Size
41,186 SF
Property subtype
Retail

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Listing Contact
Luke Molloy

Listing agent Luke Molloy

Listing office

Listing date Nov 22, 2025

Source Cbre

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 Luke Molloy


Overview

Michigan Avenue Retail Opportunity

This retail property on Michigan Avenue in Chicago offers a flagship opportunity with high pedestrian and vehicle traffic, with over 5 million monthly views. The space offers flexible demising options, with available spaces ranging from approximately 6,000 to 41,000 square feet. The property provides a unique branding opportunity.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

540 N Michigan ... Parking Lot & Garage Reviver Restaurant Rush My Passport (Bike/Boat/Book/etc) Store MCM Somerset Clothing & Fashion Store MAC Cosmetics Cosmetic Store

Suggested Use

Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Daycare Center Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.625
Latitude
41.8923

FAQs

What type of property is this?
Retail space - Prime retail space on Michigan Avenue with high visibility.
Where is this retail space located?
The property is located at 540 Michigan Avenue Chicago, IL.
What are key features of this property?
This property features: Flagship opportunity in Chicago; +5 million pedestrians and vehicles pass by monthly; Flexible demising options from 6k to 41k sq ft
More about this property
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