Property profile & analytics
840 N Michigan Ave Chicago, IL 60611
- Commercial real estate
- 76,000 SF
- 0.47 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US28-1089710
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Current Use by Public Records
- H&M HOME / Home Decor Store / Department Store
- H&M / Clothing Store / Children'S Clothing Store
- Verizon Business Services / Business To Business Service
- MAI-Ree's Boutique / Clothing & Fashion Store
Property Details for 840 N Michigan Ave
- Year built
- 1993
- Lot size
- 0.47 lot acres
- Property size
- 76,000 SF
- Property type
- Commercial real estate
- APN
- 17-03-225-028
- APU
- 1703225028
Description
840 North Michigan Avenue offers an exceptional retail opportunity in the heart of Chicago's Magnificent Mile, between East Chestnut and East Pearson Streets. This prestigious location within the Gold Coast boasts an unparalleled mixed-use environment, surrounded by luxury retailers, landmark hotels (including The Waldorf Astoria Chicago, The Four Seasons Hotel Chicago, and the Park Hyatt Chicago), and high-end residential properties. The building itself comprises 87,135 square feet, with a total of eight suites. Currently, 84,002 square feet are available for lease, offering flexible space options. Individual suites range from a minimum of 6,615 square feet to a maximum contiguous space of 18,438 square feet, catering to a variety of business needs and scales. Existing tenants include Mango and AloYoga, demonstrating the high-quality tenant profile of this sought-after location. This property presents a unique chance to establish a presence in one of Chicago's most exclusive and high-traffic retail districts. The building's location within Cook County ensures easy access to transportation and a diverse customer base. This is an unparalleled opportunity to secure a prominent retail space in a world-renowned location.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
-
CAP approach
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Comparable approach
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Alternative Use
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6247
- Latitude
- 41.8981
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$2,697,935
$3,074,250
$9,979,662
$13,053,912
-
$12,297,000
$39,918,648
$52,215,648
