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701 N Michigan Ave, Chicago, IL, 00000
Magnificent Mile Retail Opportunity

701 N Michigan Ave Chicago, IL

For Lease
Contact for pricing

Prime retail space available on Chicago's Magnificent Mile.

Property Size3,645 SF
Lot Size0.76 Acres
Days on Market274

Property Features for 701 N Michigan Ave

General Information

Standard status
Active
Size
3,645 SF
Lot size
0.76 Acres
Property subtype
RETAIL

Spaces For Lease

at 701 N Michigan Ave Contact us
Listing Agency: Canvas Real Estate
Listed By: Anthony Campagni
Source: Moodyscre
Added: Oct 27, 2025 Changed: Jul 6 Last Checked: Jul 21 at 6:44AM

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 Canvas Real Estate


Investment Insights

Based on property information with market context.

This retail space occupies a prominent position at the base of the landmarked Warwick Allerton Hotel, anchored by a new Rolex flagship on Chicago’s Magnificent Mile. Over 12,000 square feet is available on two levels fronting North Michigan Avenue, situated in one of the world's most frequented destination retail shopping districts. Approximately 6,000 square feet of basement and sub-basement storage space is also available. The property is well-positioned amongst prestigious global brands including Neiman Marcus, Saks Fifth Avenue, Ferragamo, Ermenegildo Zegna, Burberry, ALO Yoga, Aritzia, Polo Ralph Lauren, and Tiffany & Co. Built in 1924, the building was designated a Chicago Landmark in 1998. Flexible delivery and multiple demising scenarios are available. The property offers 3,645 square feet of retail space.

Key Highlights

  • Trophy retail position at the base of the landmarked Warwick Allerton Hotel, anchored by a brand new Rolex flagship.
  • Located on Chicago’s Magnificent Mile, one of the most frequented destination retail shopping districts in the world.
  • Over 12,000 square feet available on two levels fronting North Michigan Avenue.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Warwick Allerton - Chicago Hotel & Motel YCTV Television Studio Allerton Tip Top ... Grocery & Convenience Store Hotel Hotel & Motel Rolex Boutique Tourneau ... (Bike/Boat/Book/etc) Store

Suggested Use

(Bike/Boat/Book/etc) Store Butcher Pet Grooming Service Restaurant Tattoo & Piercing Shop Nursing Home Adult Day Care Nursing Home Tanning Salon Clothing & Fashion Store

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

FAQs

What type of property is this?
Retail space - Prime retail space available on Chicago's Magnificent Mile.
Where is this retail space located?
The property is located at 701 N Michigan Ave Chicago, IL.
What are key features of this property?
This property features: Trophy retail position at the base of the landmarked Warwick Allerton Hotel, anchored by a brand new Rolex flagship.; Located on Chicago’s Magnificent Mile, one of the most frequented destination retail shopping districts in the world.; Over 12,000 square feet available on two levels fronting North Michigan Avenue.
(847) 651-8669 Call to check price and availability
More about this property
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