Corner Retail & Service
For Lease
Contact for pricing
900 S Michigan Ave, Chicago, IL 60605
Two ready-to-occupy ground-floor retail suites on a high-traffic corner at Michigan Ave and 9th St.
Property Size1,450 SF - 2,700 SF
Days on Market95
Property Features for 900 S Michigan Ave
General Information
Standard status
Active
Size
1,450 SF - 2,700 SF
Net Rentable
1,450 SF
Property subtype
RETAIL
Lease Type
SF/yr
Space & Availability
Available Space
1,450-2,700 SF
Floor
Ground
Available From
Immediate
Additional Details
Corner Location
Yes
Building Details
Tenancy
Multi
Listing Agency:
SVN | Chicago - Corporate
(312) 529-5791
Listed By:
Wayne Caplan · License #475132248
Source:
Moodyscre
Added: Apr 29
Changed: Jul 29
Last Checked: Jul 31 at 11:04AM
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 SVN | Chicago - Corporate
Investment Insights
Based on property information with market context.
Two 2nd-generation ground-floor storefront suites are available for lease at the corner of Michigan Ave and 9th St, within a condo building housing 262 units. The spaces are ready for occupancy and benefit from a co-location with nearby multi-family demand.
The 2,700 SF suite is supported by salon/spa infrastructure and offers more than 50 feet of frontage on Michigan Ave, along with large outdoor seating capability. The 1,450 SF suite is well suited for service retail or office use.
The property is described as positioned across from Grant Park and one block from the Chicago Hilton, with heavy foot and vehicular traffic. The tenant-friendly rent structure is noted as low gross rent with no responsibility for real estate tax or CAM.
The 2,700 SF suite is supported by salon/spa infrastructure and offers more than 50 feet of frontage on Michigan Ave, along with large outdoor seating capability. The 1,450 SF suite is well suited for service retail or office use.
The property is described as positioned across from Grant Park and one block from the Chicago Hilton, with heavy foot and vehicular traffic. The tenant-friendly rent structure is noted as low gross rent with no responsibility for real estate tax or CAM.
Key Highlights
- Two ground‑floor retail suites: 2,700 SF and 1,450 SF on the corner of Michigan Ave & 9th St.
- Both suites are 2nd‑generation spaces and ready for occupancy.
- 2700 SF suite includes salon/spa infrastructure and over 50 ft of frontage on Michigan Ave with large outdoor seating capability.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$4.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
9,996
Businesses Nearby
209k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 63%
Groceries 22%
Hotels & Casinos 12%
Shops & Services 3%
Target
Superstores
131,620 visits/mo
0.5 miles
Jewel-Osco
Groceries
46,012 visits/mo
0.4 miles
Renaissance Blackstone Hotel
Hotels & Casinos
13,890 visits/mo
0.2 miles
Best Western Grant Park Hotel
Hotels & Casinos
6,261 visits/mo
0.2 miles
Fifth Third Bank & ATM
Shops & Services
4,367 visits/mo
0.4 miles
Demographics for 60605, IL
34,071
Population
20,478
Households
1.7
Avg Household Size
34
Median Age
82%
College-Educated
96%
High-School Grad
1.4 sq mi
ZIP Area
24,336
Density / Sq Mi
$118,403
Median Household Income
$82,091
Median Earnings
$2,402
Median Rent
$495,900
Median Home Value
Market
Lease Benchmarks for Chicago, IL
$22.12 /SF/Yr
Avg Asking Price
$0.92–$45 /SF/Yr
Price Range
2,359 SF
Avg Space Size
This space is priced 45% above the average of $22.12 /SF/Yr.
Vacancy Rate% for Retail in Chicago, IL
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Similar Off Market Nearby
- Flowers By Diamonds Treasures — 605 N Michigan Ave, Chicago, IL 60611
- Bloom Floral Shop Downtown Chicago — 605 N Michigan Ave, Chicago, IL 60611
- Chicago Flower — 541 N Fairbanks Ct, Chicago, IL 60611
- Jolie Fleur Ltd — 444 N Wabash Ave, Chicago, IL 60611
- Babylon Garden — 500 N Michigan Ave UNIT 600, Chicago, IL 60611
Frequently Asked Questions
What type of property is this?
Storefront property - Two ready-to-occupy ground-floor retail suites on a high-traffic corner at Michigan Ave and 9th St.
Where is this storefront property located?
The property is located at 900 S Michigan Ave Chicago, IL.
What is the lease rate?
The lease rate is $32 SF/Yr.
What are key features of this property?
This property features: Two ground‑floor retail suites: 2,700 SF and 1,450 SF on the corner of Michigan Ave & 9th St.; Both suites are 2nd‑generation spaces and ready for occupancy.; 2700 SF suite includes salon/spa infrastructure and over 50 ft of frontage on Michigan Ave with large outdoor seating capability.
