Mag mile? Not quite; North of the river, Michigan Avenue is a shopping haven. South, it's a stately cultural district. But the stretch between Wacker and Randolph is as welcoming as a dimly lit tunnel.(Real Estate)

From: Crain's Chicago Business | Date: December 1, 2003 | Copyright information

Byline: ANNE MOORE

From Oak Street to the Chicago River, Michigan Avenue is a magnificent stretch of sparkling boutiques and ritzy hotels, with 100,000 shoppers daily trolling its treasures during the holiday shopping season.

But cross the Michigan Avenue bridge heading south, and the street becomes a dark, cramped corridor with a hodgepodge of stores offering hot dogs, cakes, subs, nail care, souvenirs and off-price vitamins. Many are shuttered on weekends. Empty storefronts and scaffolding on some older buildings contribute to the desolate look.

Sure, it's only a ...

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