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Renting Retail Space in North Michigan Ave

Marketing, medical, and nonprofit organizations are the primary industries found along Chicago's Michigan Avenue. Northwestern Memorial Hospital, Laurie Children's Hospital, Interpublic Group, and NBC are both the largest tenants and employers within the area. The unique amenities in and around Michigan Avenue make it an and especially attractive area for local talent. The famous Magnificent Mile area of Michigan Avenue features several high-end hotels, shops, and fine dining that cater to the booming tourist industry. Thankfully talent also has several dining and retail options as well, particularly along the Lake Michigan Waterfront district.

Neighborhood Comparison

Neighborhood	Average Available SQFT	Average Rate / SQFT PER Month	NUMBER OF AVAILABLE SUITES
Aurora	1,800	$1.63 / SF	45
Bolingbrook	1,600	$1.78 / SF	37
Boystown	2,000	$2.90 / SF	< 30
Central Loop	2,000	$2.37 / SF	698
Chinatown	2,100	$2.04 / SF	< 30
Cicero	1,700	$2.30 / SF	< 30
Darien	1,800	$1.41 / SF	138
Des Plaines	1,500	$1.78 / SF	43
Downers Grove	2,900	$1.25 / SF	< 30
East Loop	1,900	$2.49 / SF	404
East-West Corridor	2,000	$1.69 / SF	81
Elgin	1,700	$1.90 / SF	< 30
Elk Grove Village	1,500	$1.46 / SF	97
Evanston	2,000	$2.05 / SF	128
Fulton Market	4,300	$3.07 / SF	158
Glen Ellyn	1,800	$1.83 / SF	61
Goose Island	5,200	$2.39 / SF	38
Joliet	1,600	$1.35 / SF	< 30
Lake View East	1,800	$2.73 / SF	59
Lake Zurich	1,300	$2.01 / SF	< 30
Lincoln Park	2,000	$2.60 / SF	192
Little Italy	2,300	$2.79 / SF	< 30
Magnificent Mile	2,600	$2.39 / SF	330
McKinley Park	2,200	$1.89 / SF	52
Mokena	1,500	$1.08 / SF	31
Mount Prospect	1,600	$1.67 / SF	159
Naperville	1,800	$1.55 / SF	119
New East Side	2,400	$2.46 / SF	1,123
Niles	2,000	$1.94 / SF	244
North Michigan Ave	2,900	$2.84 / SF	231
North West Suburbs	2,200	$1.65 / SF	183
O'Hare	1,600	$1.63 / SF	323
Oak Lawn	2,900	$1.61 / SF	< 30
Oak Park	1,500	$1.75 / SF	38
Old Town	2,400	$2.50 / SF	33
Orland Park	1,800	$1.24 / SF	99
Plainfield	1,900	$1.60 / SF	53
Ranch Triangle	3,300	$2.92 / SF	< 30
River North	2,900	$2.39 / SF	575
Rockford	2,300	$0.78 / SF	< 30
Romeoville	2,700	$1.53 / SF	< 30
Rosemont	3,300	$2.92 / SF	< 30
Schaumburg	2,500	$1.68 / SF	137
Shorewood	1,500	$1.35 / SF	48
Streamwood	1,700	$1.46 / SF	92
Streeterville	2,700	$2.49 / SF	406
University Village	2,300	$2.79 / SF	< 30
Uptown	2,300	$2.79 / SF	< 30
West Loop	4,300	$2.81 / SF	209
Western Suburbs	1,800	$1.59 / SF	514
Westmont	1,500	$1.93 / SF	33
Wheaton	1,700	$1.60 / SF	104
Woodridge	1,900	$1.61 / SF	71

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