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Retail Space at Hotel Base
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909 N Michigan Ave, Chicago, IL 60611

Retail space positioned within the base of a newly renovated Marriott hotel.

Space SizeContact for details
Days on Market25

Property Features for 909 N Michigan Ave

General Information

Standard status Active
Class A
Property subtype retail

Additional Details

Space Use Retail
Listing Agency: Chicago
Listed By: Peter Caruso · License #475.144084
Source: Property.jll
Added: Sep 16 Changed: Oct 9 Last Checked: Oct 9 at 4:37PM

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 Chicago

Investment Insights

Based on property information with market context.

Retail space is available at the base of The Westin, a newly renovated flagship Marriott hotel. The setting combines a commercial storefront opportunity with an established hospitality property.

The property is located at 909 N Michigan Ave in Chicago’s 60611 ZIP code. Nearby landmarks identified in the listing include Water Tower, The Drake Hotel, and 875 N Michigan Ave.

Key Highlights

  • Located at the base of The Westin
  • Within a newly renovated flagship Marriott hotel
  • 909 N Michigan Ave, Chicago, IL 60611

Property Analytics

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Open Analytics

Current Use

Vacheron Constantin (Bike/Boat/Book/etc) Store Hertz Car Rental ... Car Rental Facility Body Rituals Boutique ... Spa & Massage Center Windy City Massage Alternative Medicine Practice Rush My Passport (Bike/Boat/Book/etc) Store

Suggested Use

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

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

18,214
Businesses Nearby
263k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 90% Apparel 7% Shops & Services 3%
Starbucks Dining
132,317 visits/mo 0.5 miles
McDonald's Dining
52,443 visits/mo 0.3 miles
Pizanos Pizza Dining
9,491 visits/mo 0.3 miles
Velvet Taco Dining
7,917 visits/mo 0.3 miles
Dunkin' Donuts Dining
7,783 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Chicago, IL

$25.49 /SF/Yr
Avg Asking Price
$8–$114 /SF/Yr
Price Range
8,917 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 space positioned within the base of a newly renovated Marriott hotel.
Where is this retail space located?
The property is located at 909 N Michigan Ave Chicago, IL.
What are key features of this property?
This property features: Located at the base of The Westin; Within a newly renovated flagship Marriott hotel; 909 N Michigan Ave, Chicago, IL 60611
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