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Retail Space in Luxury Tower
For Lease
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200 N Michigan Ave, Chicago, IL 60601

Retail spaces available in a 402-unit luxury apartment tower.

Space Size2,213 SF - 10,634 SF
Property Size346,500 SF
Days on Market844

Property Features for 200 N Michigan Ave

General Information

Standard status Active
Size 2,213 SF - 10,634 SF
Class A
Total Parking Spaces 170
Property subtype Retail

Building Details

Building Size 346,500 SF
Year Built 2016
Tenancy Multiple

Spaces For Lease

at 200 N Michigan Ave Contact us

Retail A

Size
2,256 SF
Type
Retail
Lease Type
NNN
Availability
Active
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Retail B

Size
2,213 SF
Type
Retail
Lease Type
NNN
Availability
Active
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Retail C

Type
Retail
Lease Type
NNN
Availability
Active
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Retail D

Size
10,634 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Savills Chicago
Listed By: Todd Siegel · License #IL
Source: Crexi
Added: May 3, 2024 Changed: Aug 19 Last Checked: Aug 24 at 4:34PM

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 Savills Chicago

Investment Insights

Based on property information with market context.

Multiple retail opportunities are available at the base of a 402-unit luxury apartment tower, completed in 2016. Situated along Michigan Avenue, these spaces feature dramatic glass storefronts, providing significant visibility and branding opportunities. The location benefits from high daily traffic, including local office workers and tourists. First and second-generation spaces are available, offering flexible footprints.

Key Highlights

  • Located at the base of the MILA, a 402‑unit luxury apartment tower.
  • Situated along Michigan Avenue.
  • High visibility and branding opportunities.

Property Analytics

Current Use

Cchoice Dental Dental Office Bowman Phillip B Law Firm The Cliff Dwellers Community Center Howard & Howard Attorneys ... Law Firm Leo G. Aubel ... Law Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Nursing Home Buffet Adult Day Care Clothing & Fashion Store

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

26,675
Businesses Nearby
70k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 47% Hotels & Casinos 20% Apparel 20% Dining 14%
BP Shops & Services
25,664 visits/mo 0.3 miles
Renaissance Blackstone Hotel Hotels & Casinos
13,890 visits/mo 0.4 miles
Saks OFF 5TH Apparel
13,751 visits/mo 0.3 miles
McDonald's Dining
9,419 visits/mo 0.4 miles
Fifth Third Bank & ATM Shops & Services
4,367 visits/mo 0.5 miles

Demographics for 60601, IL

15,814
Population
10,727
Households
1.5
Avg Household Size
36
Median Age
86%
College-Educated
95%
High-School Grad
0.4 sq mi
ZIP Area
39,535
Density / Sq Mi
$127,323
Median Household Income
$100,078
Median Earnings
$2,451
Median Rent
$495,400
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$25.66 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
9,377 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 - Retail spaces available in a 402-unit luxury apartment tower.
Where is this retail space located?
The property is located at 200 N Michigan Ave Chicago, IL.
What are key features of this property?
This property features: Located at the base of the MILA, a 402‑unit luxury apartment tower.; Situated along Michigan Avenue.; High visibility and branding opportunities.
More about this property
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