Don’t miss the chance to own a piece of Chicago’s famed Michigan Avenue!
The ground-floor retail condominiums at 1250 South Michigan Avenue and 1400 South Michigan Avenue are prime, high-visibility commercial assets in the heart of Chicago's vibrant and fast-growing South Loop neighborhood. Each is positioned on the retail/street-level of a luxury high-rise residential condominium tower and boasts an address on Michigan Avenue, blocks from the legendary Magnificent Mile. They are situated within a moment's walk of Grant Park, bustling Roosevelt Road, and the "museum campus," including Soldier Field, the home of the Chicago Bears. Ten retail spaces comprise the combined asset, including 6 at 1250 S. Michigan and four at 1400 S. Michigan. Only one vacancy remains between the two as of the time of writing.
The properties contain a diverse tenant mix, including Jimmy John’s, Waffles Restaurant, Go Grocer, Chi’Tiva Bakery, Luxura Day Spa, and more local favorites. Local independent operators and multi-store franchisees and chains make for a stable rental stream.
These properties benefit from their strategic positioning along one of the city’s most prominent thoroughfares, attracting a diverse mix of pedestrians, residents, and commuters. Both buildings are near major cultural attractions, dining, and retail hubs, creating an ideal environment for retail or service-based tenants seeking high foot traffic and solid demographic support. The combined asset also includes 37 income-producing secured garage parking spaces and income-producing rooftop antennas, with space to add more.