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The Peoples Gas Building 122 S Michigan Ave 18,298 SF of Retail Space Available in Chicago, IL 60603
Sublease Highlights
- Prime corner location with exceptional Michigan Avenue frontage
- Surrounded by luxury retail, dining, and cultural attractions
- Convenient access to multiple CTA “L” stops and major transit lines
- Directly across from The Art Institute and near Millennium Park
- High daytime population and strong tourism traffic
All Available Space(1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Space Use
- Condition
- Available
Situated at the base of a 517,582 sf office building, the space is positioned on the hard corner of of the ground floor providing significant visibility and branding along Michigan Avenue and Adams Street. Located across from the Art Institute of Chicago, 122 South Michigan offers an extraordinary location with access to the Loop's high worker population, hotels, and theaters. The space captures the city's robust tourism population as well as commuters with numerous "L" stops and lines within blocks.
- Sublease space available from current tenant
| Space | Size | Term | Rental Rate | Space Use | Condition | Available |
| 1st Floor | 18,298 SF | Oct 2031 | Upon Request Upon Request Upon Request Upon Request | Retail | - | 90 Days |
1st Floor
| Size |
| 18,298 SF |
| Term |
| Oct 2031 |
| Rental Rate |
| Upon Request Upon Request Upon Request Upon Request |
| Space Use |
| Retail |
| Condition |
| - |
| Available |
| 90 Days |
1st Floor
| Size | 18,298 SF |
| Term | Oct 2031 |
| Rental Rate | Upon Request |
| Space Use | Retail |
| Condition | - |
| Available | 90 Days |
Situated at the base of a 517,582 sf office building, the space is positioned on the hard corner of of the ground floor providing significant visibility and branding along Michigan Avenue and Adams Street. Located across from the Art Institute of Chicago, 122 South Michigan offers an extraordinary location with access to the Loop's high worker population, hotels, and theaters. The space captures the city's robust tourism population as well as commuters with numerous "L" stops and lines within blocks.
- Sublease space available from current tenant
Select Tenants
- Floor
- Tenant Name
- Industry
- 16th
- Consulate General of the Philippines
- Public Administration
- 14th
- Depth Counseling Services P C
- Health Care and Social Assistance
- 12th
- Hoogendoorn Talbot LLP
- Professional, Scientific, and Technical Services
- 1st
- Iarca Gallery
- Retailer
- Multiple
- Illinois Department of Public Health
- Public Administration
- 19th
- Illinois Lottery
- Public Administration
- 14th
- Insight Center PC
- Health Care and Social Assistance
- 14th
- McDevitt Donald LCPC
- Health Care and Social Assistance
- 1st
- National Louis University
- Educational Services
- 12th
- The American Back Center LLC
- Health Care and Social Assistance
Property Facts
Property Overview
Positioned at one of Chicago’s most iconic intersections, 122 South Michigan Avenue offers an unparalleled retail opportunity in the heart of the Loop. This 18,298 SF ground-floor space sits at the base of a 517,582 SF office tower, delivering exceptional visibility and branding along Michigan Avenue and Adams Street. Directly across from The Art Institute of Chicago and steps from Millennium Park, the location captures a dynamic mix of office workers, tourists, and residents, supported by a daytime population of nearly 500,000 within one mile. The property benefits from immediate access to multiple CTA “L” lines and is surrounded by premier retailers, luxury brands, and renowned dining establishments. With over 22,800 vehicles per day and an average household income of $180,447 in the area, this site offers unmatched exposure and purchasing power. The sublease runs through October 31, 2034, providing long-term stability for retailers seeking a flagship presence in Chicago’s most vibrant corridor.
- Bus Line
- Commuter Rail
- Conferencing Facility
- Food Service
- Metro/Subway
- Property Manager on Site
- Signage
Nearby Major Retailers
Presented by
The Peoples Gas Building | 122 S Michigan Ave
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