Property profile

300 Michigan Ave Chicago, IL 60601

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional retail opportunity is located at 300 N Michigan Ave in Chicago, Illinois, within Cook County's North Michigan Ave submarket. The property offers flexible space ranging from 3,300 to 25,000 square feet, suitable for multiple tenants. Situated at the intersection of North Michigan Avenue and East Wacker Place, this bi-level space presents a luxurious setting ideal for high-end retail or dining establishments. The property boasts unparalleled visibility on the Millennium Mile, benefiting from its proximity to iconic landmarks such as Millennium Park and the Chicago Riverwalk. This location places businesses at the heart of Chicago's vibrant tourism scene, surrounded by major attractions and events including Taste of Chicago and Lollapalooza, ensuring high foot traffic and brand exposure. The address is 300 N Michigan Ave, Chicago, IL 60601. This is a truly unique chance to establish a presence in one of Chicago's most prestigious and high-traffic retail corridors. The property is categorized as retail, specifically restaurant and retail space.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • General Contractor
  • Roofing Company General Contractor
  • Pharmacy
  • Hotel & Motel

Location

300 Michigan Ave Chicago, IL 60601
Chicago metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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