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Magnificent Mile Retail Opportunity

940 N Michigan, Chicago, IL 60611

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For Lease

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Prime retail space on Chicago's Magnificent Mile.

Type:Retail

Property size:

5,553 SF

HighLights

Premier Location on the Magnificent Mile.
High‑End Demographics in the Gold Coast neighborhood.
Mixed‑Use Building provides broad consumer exposure.
Prominent Visibility with over 55' of windows overlooking Oak Street.
Restaurant Opportunity: 9,546 SF restaurant space overlooking North Michigan Avenue.
Upscale Co‑Tenants include Gucci, Louis Vuitton, and Michael Kors.

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Todd Siegel

For Lease

Contact for pricing

Prime retail space on Chicago's Magnificent Mile.

Type:Retail

Property size:

5,553 SF

Added:: Nov 22, 2025
Days on Market:: 227
Last Refresh:: Jul 3 at 10:33 pm

Property Features for 940 N Michigan

General Information

Standard status: Active
Size: 5,553 SF
Property subtype: Retail

We can help!

Contact an agent

Todd Siegel

Listing office CBRE | Chicago

Listing date Nov 22, 2025

Source Cbre

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 CBRE | Chicago

HighLights

Premier Location on the Magnificent Mile.
High‑End Demographics in the Gold Coast neighborhood.
Mixed‑Use Building provides broad consumer exposure.
Prominent Visibility with over 55' of windows overlooking Oak Street.
Restaurant Opportunity: 9,546 SF restaurant space overlooking North Michigan Avenue.
Upscale Co‑Tenants include Gucci, Louis Vuitton, and Michael Kors.

Overview

Located on the Magnificent Mile, the property at 980 North Michigan Avenue presents an opportunity to join Chicago's luxury retailers and attract affluent locals. This location is situated in the heart of the Gold Coast neighborhood, surrounded by a high-end residential population. The available mezzanine level space features up to 5,553 square feet and over 55 feet of windows overlooking Oak Street. The property is positioned at the entrance of a 57-story mixed-use Class A building that includes office, luxury residential units, and upscale retail spaces. An additional 9,546 square foot restaurant space is available on the second floor overlooking North Michigan Avenue. The surrounding area includes retailers such as Marshall Pierce, Tod's, Gucci, Michael Kors, MaxMara, Mont Blanc, Louis Vuitton, Alice & Olivia, David Yurman, Bvlgari, Anne Fontaine, and Omega Watch, as well as The Signature Room, Water Tower Place, Macy's, H&M, Columbia, and Uniqlo.

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Location Insight

Map
Local Demand

City: Chicago
County: Cook
State: Illinois
Longitude: -87.6211765
Latitude: 41.6865973

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For lease
Retail space
IL
Chicago
60611
940 N Michigan

What type of property is this?

Retail space - Prime retail space on Chicago's Magnificent Mile.

Where is this retail space located?

The property is located at 940 N Michigan Chicago, IL.

What are key features of this property?

This property features: Premier Location on the Magnificent Mile.; High‑End Demographics in the Gold Coast neighborhood.; Mixed‑Use Building provides broad consumer exposure.