Building Details

Building Size 195,500 SF

Listing Agency: Silvestri Investments Inc f***@silvestriusa.com Show Phone

Listed By: Dan Silvestri · License #411736

Source: Silvestriusa

Added: Nov 21, 2025 Changed: Aug 8 Last Checked: Aug 8 at 4:53AM

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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 Silvestri Investments Inc

Investment Insights

Based on property information with market context.

This retail property, encompassing 195500 square feet, is located on North Michigan Avenue in Chicago, Illinois. Additional information regarding this property is forthcoming.

Key Highlights

• More information Coming Soon
• More Information Coming Soon
• Additional Property Details

Property Analytics

Property Profile

Current Use

Ralph Cooper Jr. ... Real Estate Agency Northwestern Memorial Hospital Medical Clinic Pediatric Dental Health ... Dental Office Dr. Marilia J. ... Dental Office Dr. Ken Kromash, ... Dental Office

Suggested Use

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

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

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

Market

Lease Benchmarks for Chicago, IL

$25.6 /SF/Yr

Avg Asking Price

$8–$133 /SF/Yr

Price Range

11,935 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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this retail properties & spaces located? What is the lease rate? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

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Frequently Asked Questions

What type of property is this?

Retail property - Prime retail opportunity on Chicago's Magnificent Mile.

Where is this retail property located?

The property is located at 737 N Michigan Ave Chicago, IL.

What are key features of this property?

This property features: More information Coming Soon; More Information Coming Soon; Additional Property Details