122 S Michigan Ave
Chicago, IL 60603
The Peoples Gas Building · Retail Property for Lease · 18,298 SF

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.