For Lease
$44.95/SF/YR

1250 Michigan Ave Chicago, IL 60605

Prime South Loop location, 2,092 sq ft available

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional retail space, totaling 2,092 square feet, is situated on the ground floor of a luxury condominium building at 1250 S. Michigan Avenue in Chicago's vibrant South Loop submarket. The property boasts a highly desirable location, just steps from Roosevelt Road, benefiting from significant foot and car traffic. Surrounded by new high-rise residential developments, this space offers unparalleled exposure and accessibility. The unit is part of a larger building with a total of 29,718 square feet, and the minimum divisible space is 2,092 square feet, with a maximum contiguous space also at 2,092 square feet. Currently, 2,092 square feet is vacant and ready for immediate occupancy. The lot size encompasses 36,693 square feet. This versatile space is ideal for a variety of uses, including retail, medical, service-oriented businesses, or office space. The property is zoned DX-12 and located in Cook County, Illinois, zip code 60605. This presents a unique opportunity to establish a presence in a thriving, high-traffic area within a prestigious building. The space is perfect for businesses seeking high visibility and a strong customer base in a rapidly developing neighborhood.

Highlights

  • 2,092 SF ground floor retail space in luxury condo building at 1250 S. Michigan Ave, Chicago's South Loop.
  • High-traffic location at Roosevelt Rd & Michigan Ave intersection, with excellent foot and vehicle traffic (41,565 vehicles/day).
  • Steps from Roosevelt CTA station and multiple bus lines, near multiple grocery stores.
  • Close proximity to Grant Park, Museum Campus, Soldier Field, and the Magnificent Mile.
  • Located in affluent, high-density area, zoned DX-12, Cook County, IL 60605.

Property Details for 1250 Michigan Ave

Property type
Retail properties
RSF (Rentable sq. ft)
29,718 SF

Unit(s) available at that property

Space
Suite- 1250A
Size
2,092 SF
Rate per SF
$44.95

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.866175844181
Longitude
-87.62414330108
1250 Michigan Ave, Chicago, Illinois

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FAQs

What type of property is this?
Retail property - Prime South Loop location, 2,092 sq ft available
Where is the retail property located?
The property is located at 1250 Michigan Ave Chicago, IL.
What is the lease rate?
The lease rate is $44.95/SF/YR.
What are key features of this property?
This property features: 2,092 SF ground floor retail space in luxury condo building at 1250 S. Michigan Ave, Chicago's South Loop.; High-traffic location at Roosevelt Rd & Michigan Ave intersection, with excellent foot and vehicle traffic (41,565 vehicles/day).; Steps from Roosevelt CTA station and multiple bus lines, near multiple grocery stores.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
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Contacts

Scott Levinson
Scott Levinson
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Michigan Ave
Chicago, IL 60605

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Michigan Ave
Chicago, IL 60605

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

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1250 Michigan Ave
  • Scott Levinson
    Scott Levinson
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