Magnificent Mile Retail
For Lease
Contact for pricing
717 North Michigan Avenue, Chicago, IL 60611
Prime retail space on Chicago's Magnificent Mile.
Space Size6,165 SF - 23,830 SF
Days on Market334
Property Features for 717 North Michigan Avenue
General Information
Standard status
Active
Size
6,165 SF - 23,830 SF
Property subtype
Retail
Site & Location
Neighborhood
Magnificent Mile
Spaces For Lease
at 717 North Michigan Avenue Contact us717 N Michigan Avenue
Size
23,830 SF
Term
Negotiable
Rate
Contact for pricing
717 N Michigan Avenue
Size
6,165 SF
Term
Negotiable
Rate
Contact for pricing
Listing Agency:
Mid-America Real Estate Group | Chicago
Listed By:
Lara Keene · License #475144046
(630) 481-4038
Source:
Midamericagrp
Added: Nov 24, 2025
Changed: Oct 21
Last Checked: Oct 23 at 4:22AM
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 Mid-America Real Estate Group | Chicago
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Investment Insights
Based on property information with market context.
Located in the heart of Chicago’s Magnificent Mile, 717 North Michigan Avenue is positioned between Superior and Huron Streets. This property is situated within an unparalleled, mixed-use district in the Gold Coast neighborhood. The Magnificent Mile Portfolio is surrounded by international luxury retailers. Current tenants include Mango and AloYoga. The area also features landmark hotels such as The Waldorf Astoria Chicago, The Four Seasons Hotel Chicago, and the Park Hyatt Chicago. The property offers 61612 square feet of retail space.
Key Highlights
- Located on Chicago's Magnificent Mile.
- Positioned in the heart of the Gold Coast.
- Surrounded by international luxury retailers.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
24,227
Businesses Nearby
596k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 54%
Apparel 25%
Hotels & Casinos 16%
Shops & Services 5%
Nordstrom
Apparel
136,729 visits/mo
0.3 miles
Starbucks
Dining
132,317 visits/mo
0.1 miles
McDonald's
Dining
65,567 visits/mo
0.5 miles
McDonald's
Dining
52,443 visits/mo
0.3 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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Chicago, IL
$25.14 /SF/Yr
Avg Asking Price
$8–$114 /SF/Yr
Price Range
8,876 SF
Avg Space Size
Vacancy Rate% for Retail in Chicago, IL
Frequently Asked Questions
What type of property is this?
Retail space - Prime retail space on Chicago's Magnificent Mile.
Where is this retail space located?
The property is located at 717 North Michigan Avenue Chicago, IL.
What are key features of this property?
This property features: Located on Chicago's Magnificent Mile.; Positioned in the heart of the Gold Coast.; Surrounded by international luxury retailers.
