Share This Listing

Message

928 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Michigan Avenue Tower 1 1240-1254 S Michigan Ave 2,092 SF of 4-Star Retail Space Available in Chicago, IL 60605

Save this listing!

Favourite this listing to get notified of price updates, new media and more

HIGHLIGHTS

  • 2,092 SF storefront at the base of a of a 29-story high end condo building
  • Located half a mile of Museum Campus, Grant Park, Soldier Field, and Shedd Aquarium; less than one (1) mile to Wintrust Arena and Columbia College
  • Highly visible location along South Michigan Avenue, just south of Roosevelt Road, featuring visibility and exposure to approx 16,000 VPD
  • Strong South Loop location with dense residential population and heavy daytime traffic

ALL AVAILABLE SPACE(1)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor, Ste 1250A
  • 2,092 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Retail
  • Full Build-Out
  • Now

2,092 square foot storefront at the base of a 29-story high end condo building in Chicago’s South Loop neighborhood. Built in 2006, the Property includes six (6) storefronts totaling 9,217 square feet along South Michigan Avenue. Existing retailers at the building include Jimmy John’s, Luxura Med Spa, Chitiva, Polish Me Nails & Spa, and June 1250 Dry Cleaners. Positioned just south of the signalized intersection at Michigan Avenue and Roosevelt Road, the storefront features exceptional visibility and exposure along Michigan Avenue (16,000 VPD). The location is walking distance to the Museum Campus, Grant Park, Soldier Field, and Shedd Aquarium, with Wintrust Arena and Columbia College Chicago less than a mile away. Neighboring retailers include Target, Jewel-Osco, Trader Joe’s, Walgreens, BMO Harris, First American Bank, UPS Store, Potbelly, Giordano’s, Stan’s Donuts & Coffee, Starbucks, Dunkin’, and many other national brands, anchoring the South Loop’s premier retail corridor.

  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
Space Size Term Rental Rate Space Use Condition Available
1st Floor, Ste 1250A 2,092 SF Negotiable Upon Request Upon Request Upon Request Upon Request Retail Full Build-Out Now

1st Floor, Ste 1250A

Size
2,092 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Retail
Condition
Full Build-Out
Available
Now

1st Floor, Ste 1250A

Size 2,092 SF
Term Negotiable
Rental Rate Upon Request
Space Use Retail
Condition Full Build-Out
Available Now

2,092 square foot storefront at the base of a 29-story high end condo building in Chicago’s South Loop neighborhood. Built in 2006, the Property includes six (6) storefronts totaling 9,217 square feet along South Michigan Avenue. Existing retailers at the building include Jimmy John’s, Luxura Med Spa, Chitiva, Polish Me Nails & Spa, and June 1250 Dry Cleaners. Positioned just south of the signalized intersection at Michigan Avenue and Roosevelt Road, the storefront features exceptional visibility and exposure along Michigan Avenue (16,000 VPD). The location is walking distance to the Museum Campus, Grant Park, Soldier Field, and Shedd Aquarium, with Wintrust Arena and Columbia College Chicago less than a mile away. Neighboring retailers include Target, Jewel-Osco, Trader Joe’s, Walgreens, BMO Harris, First American Bank, UPS Store, Potbelly, Giordano’s, Stan’s Donuts & Coffee, Starbucks, Dunkin’, and many other national brands, anchoring the South Loop’s premier retail corridor.

  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail

PROPERTY FACTS

Total Space Available 2,092 SF
No. Units 229
Property Type Multifamily
Property Subtype Apartment
Apartment Style Hi-Rise
Building Size 465,190 SF
Year Built 2005

ABOUT THE PROPERTY

Positioned at the base of a 29-story luxury condominium tower in Chicago’s vibrant South Loop, 1250 S. Michigan Avenue offers a rare opportunity to lease a 2,092-square-foot retail storefront in one of the city’s most dynamic neighborhoods. Built in 2006, the property is part of a six-unit retail strip totaling over 9,000 square feet, with established co-tenants including Jimmy John’s, Luxura Med Spa, Chitiva, Polish Me Nails & Spa, and June 1250 Dry Cleaners. Located just south of the signalized intersection at Michigan Avenue and Roosevelt Road, the site benefits from exceptional visibility and exposure to approximately 16,000 vehicles per day. The surrounding area is a bustling mix of residential density and daytime activity, supported by proximity to major attractions such as Grant Park, Museum Campus, Soldier Field, and Shedd Aquarium. Columbia College Chicago and Wintrust Arena are less than a mile away, enhancing foot traffic and consumer draw. The South Loop is anchored by a robust mix of national retailers including Target, Trader Joe’s, Walgreens, Starbucks, Dunkin’, and Potbelly, creating a thriving retail corridor. The property’s location within walking distance of cultural landmarks and transit options makes it ideal for service-oriented, boutique, or experiential retail concepts seeking high visibility and a built-in customer base.

Walk Score®
Walker's Paradise (95)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (93)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

StretchLab
Pure Barre
F45 Training
Giordano's
Starbucks
Jewel-Osco
Trader Joe's
BMO
Huntington National Bank
Mariano's
  • Listing ID: 38196948

  • Date on Market: 2025-10-24

  • Last Updated:

  • Address: 1240-1254 S Michigan Ave, Chicago, IL 60605

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}