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Prime Retail Space Opportunity
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800 Michigan Avenue, Chicago, IL 60611

Hard corner retail space in high-traffic Chicago location.

Space Size3,257 SF
Days on Market164

Property Features for 800 Michigan Avenue

General Information

Standard status Active
Size 3,257 SF
Property subtype Retail

Spaces For Lease

at 800 Michigan Avenue Contact us

3,257 SF

Size
3,257 SF
Type
Retail
Availability
Available
Contact us
Listing Agency: Savills Chicago
Listed By: Todd Siegel
Source: Cbre
Added: Mar 26 Changed: Sep 4 Last Checked: Sep 5 at 6:10AM

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 Savills Chicago

Investment Insights

Based on property information with market context.

This hard corner retail space is located at the base of the luxury Park Hyatt Chicago Hotel, situated at the intersection of Chicago Avenue and Rush Street. The location borders the Gold Coast, North Michigan Avenue, and River North neighborhoods. The space offers visibility and branding opportunities with expansive, double-height storefront windows. It is being offered for short-term or long-term options.

Key Highlights

  • Hard corner location at Chicago Avenue and Rush Street.
  • Base of the luxury Park Hyatt Chicago Hotel.
  • High traffic intersection bordering Gold Coast, North Michigan Avenue, and River North.

Property Analytics

Current Use

Canada Goose Chicago Clothing Store Grant Park Bistro Restaurant Park Hyatt Chicago Hotel & Motel LM Catering & Events Marketing & Advertising SP+ Parking Parking Lot & Garage

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Restaurant Tattoo & Piercing Shop Auto Parts Store 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

24,043
Businesses Nearby
576k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 62% Apparel 27% Hotels & Casinos 6% Shops & Services 6%
Nordstrom Apparel
136,729 visits/mo 0.5 miles
Starbucks Dining
132,317 visits/mo 0.3 miles
McDonald's Dining
65,567 visits/mo 0.4 miles
McDonald's Dining
52,443 visits/mo 0.1 miles
Fogo de Chao Dining
28,749 visits/mo 0.4 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

$27.62 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
9,516 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 - Hard corner retail space in high-traffic Chicago location.
Where is this retail space located?
The property is located at 800 Michigan Avenue Chicago, IL.
What are key features of this property?
This property features: Hard corner location at Chicago Avenue and Rush Street.; Base of the luxury Park Hyatt Chicago Hotel.; High traffic intersection bordering Gold Coast, North Michigan Avenue, and River North.
More about this property
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