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Highlights

  • Easily accessible retail space available on South Michigan Avenue at the base of a 400+ unit apartment tower
  • Co-tenancy with many national and local concepts
  • Steps from Roosevelt Road and the Red, Orange and Green CTA train lines

All Available Space(1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 1,230 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Retail
  • Partial Build-Out
  • Now

The space benefits from immediate proximity to Roosevelt Road, one of the South Loop’s most critical retail and commuter routes, and sits just steps from the Roosevelt CTA station, providing rapid access via the Red, Orange, and Green Lines, which collectively serve more than 2.2 million riders annually. This transit strength, combined with the site’s walkability, positions the location as an exceptional choice for operators who depend on daily high-volume traffic and consistent neighborhood engagement.

  • Partially Built-Out as Standard Retail Space
  • Located in-line with other retail
Space Size Term Rental Rate Space Use Build-Out Available
1st Floor 1,230 SF Negotiable Upon Request Upon Request Upon Request Upon Request Retail Partial Build-Out Now

1st Floor

Size
1,230 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Retail
Build-Out
Partial Build-Out
Available
Now

1st Floor

Size 1,230 SF
Term Negotiable
Rental Rate Upon Request
Space Use Retail
Build-Out Partial Build-Out
Available Now

The space benefits from immediate proximity to Roosevelt Road, one of the South Loop’s most critical retail and commuter routes, and sits just steps from the Roosevelt CTA station, providing rapid access via the Red, Orange, and Green Lines, which collectively serve more than 2.2 million riders annually. This transit strength, combined with the site’s walkability, positions the location as an exceptional choice for operators who depend on daily high-volume traffic and consistent neighborhood engagement.

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

Property Facts

Total Space Available 1,230 SF
No. Units 91
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Size 60,000 SF
Year Built 2006

About the Property

Situated in the heart of Chicago’s dynamic South Loop, 1251 S Michigan Avenue offers a prime retail opportunity positioned at the base of a thriving 400+ unit residential tower, creating built-in foot traffic and a dependable customer base from day one. Anchored by one of the city’s most active pedestrian corridors, the property places tenants directly along South Michigan Avenue, an address synonymous with visibility, connectivity, and consistent demand from residents, students, visitors, and downtown professionals.

Exceptionally walkable
100/100
Moderately drivable
70/100
Exceptional public transit
100/100
Exceptionally bikeable
90/100

Nearby Major Retailers

StretchLab
F45 Training
Giordano's
Jewel-Osco
Trader Joe's
BMO
Huntington National Bank
Starbucks
Peet's Coffee
Orangetheory Fitness
  • Listing ID: 39606000

  • Date on Market: 2026-02-27

  • Last Updated:

  • Address: 1251 S Michigan Ave, Chicago, IL 60605

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