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Retail Storefront on Michigan Avenue
For Lease
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625 N Michigan Ave, Chicago, IL 60611

For lease retail storefront space on N Michigan Ave in Chicago, totaling approximately 3,770 square feet.

Property Size3,770 SF
Days on Market561

Property Features for 625 N Michigan Ave

General Information

Standard status Active
Size 3,770 SF
Property subtype RETAIL

Additional Details

Space Use Retail
Listing Agency: CBRE | Chicago
Listed By: Danny Jacobson
Source: Moodyscre
Added: Jan 15, 2025 Changed: Jul 29 Last Checked: Jul 30 at 2:34PM

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 CBRE | Chicago

Investment Insights

Based on property information with market context.

This retail storefront space is available for lease at 625 N Michigan Ave in Chicago. The space offers approximately 3,770 square feet of retail area and is positioned for businesses seeking a high-profile presence on a major commercial corridor.

The property’s address places it in the Michigan Avenue retail market in Chicago. With a retail-oriented setting, the configuration is suited for tenants looking to operate a storefront business with direct customer traffic at street level.

Prospective tenants can review the existing space for layout fit and branding needs. For additional details on the interior condition, frontage, or buildout options, contact the listing broker for availability and tour information.

Key Highlights

  • Retail storefront space for lease on N Michigan Ave in Chicago
  • Approximately 3,770 SF total retail space

Property Analytics

Current Use

J P Lindquist ... Insurance Agency Sofia F. Garcia, ... Physician The Truman Group, Inc. Business Management Consultant Boulware Group Inc Employment Agency Pelvic Rehabilitation Medicine Physician

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Restaurant Tattoo & Piercing Shop Pet Grooming Service Buffet

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

30,068
Businesses Nearby
613k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 53% Apparel 22% Hotels & Casinos 19% Shops & Services 6%
Nordstrom Apparel
136,729 visits/mo 0.2 miles
Starbucks Dining
132,317 visits/mo 0.1 miles
McDonald's Dining
65,567 visits/mo 0.4 miles
McDonald's Dining
52,443 visits/mo 0.4 miles
Fogo de Chao Dining
28,749 visits/mo 0.5 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

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 - For lease retail storefront space on N Michigan Ave in Chicago, totaling approximately 3,770 square feet.
Where is this retail space located?
The property is located at 625 N Michigan Ave Chicago, IL.
What are key features of this property?
This property features: Retail storefront space for lease on N Michigan Ave in Chicago; Approximately 3,770 SF total retail space
(312) 935-1907 Call to check price and availability
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