Although Michigan Avenue is home to designer stores such as Louis Vuitton, Burberry, Chanel, Tiffany & Co, and Ralph Lauren, there are plenty of other great places to shop without breaking the bank. The stores listed below are budget-friendly and will give you a taste of Magnificent Mile shopping, without maxing out your credit card! Here’s a list of the best budget shopping on North Michigan Avenue.


840 North Michigan Avenue
Chicago, IL 60611
(312) 640-0060

H&M’s designers, pattern makers and buyers focus on finding a good balance between modern basics, current fashions and high fashion. H&M is a great place to find current trends at an affordable price. With three floors full of clothing, accessories and shoes, your bound to end up with something in your bag.

Filene’s Basement

830 North Michigan Avenue
Chicago, IL
(312) 482-8918

When you’re looking for authentic designer threads at a discount, look no further than Filene’s Basement. Filene’s Basement carries hundreds of designers at at a fraction of their original retail price. Tourists and locals alike, flock to this Michigan Avenue staple.

Forever 21

835 North Michigan Avenue
Chicago, IL
(312) 202-9103

Forever 21 specializes in offering current fashion trends for insanely low prices. The Forever 21 on Michigan Avenue, offers floor after floor of affordable clothing, shoes and accessories for men, women and children.


676 North Michigan Avenue
Chicago, IL
(312) 944-5770

Express is a great place to find affordable work, dress and casual wear. With an amazing selection of jeans and pants, it’s easy to find a favorite pair and stock up. While there’s an Express in almost every mall in town, shopping in the Michigan Avenue location is always a unique experience.


555 North Michigan Avenue
Chicago, IL
(312) 494-8580

Gap always has something for the whole family. From men and women’s to kids fashions, Gap is an affordable place to shop on the Mag Mile. With floor to ceiling windows you can get the Michigan Avenue experience without spending next month’s rent. Always check for sales as well. Gap is known for doing regular promotions and discounts.


600 North Michigan Ave # 1
Chicago, IL
(312) 280-7506

Marshalls is a one stop shop for everything from beauty supplies, to clothing and home goods. At Marshalls, you’ll find major discounts on gourmet cookware, designer clothing, furniture, home decor, shoes, accessories – the list could go on!


700 North Michigan Avenue
Chicago, IL

Zara is a relative newcomer to the Magnificent Mile. With something for everyone, Zara features trends and high-end looking materials at an affordable price. With basic pieces and ultra trendy styles mixed in, it’s a great place to mix and match styles. The Michigan Avenue storefront gives the the look of a much more expensive price tag. Once you’re in however, you’ll find low priced pieces for everyday wear.

More bargains just off Michigan:

TJ Maxx
11 North State Street
Chicago, IL
(312) 553-0515

Nordstrom Rack
101 East Chicago Avenue
Chicago, IL
(312) 254-3660

Lauren Wulf, CBS Local Chicago


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