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Lofted Spec Office Suite
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104 S Michigan Ave, Chicago, IL 60603

Lofted spec suite with concrete flooring, furnished per plan, inside a secure building across from Millennium Park.

Property Size5,982 SF
Days on Market377

Property Features for 104 S Michigan Ave

General Information

Standard status Active
Size 5,982 SF
Elevators Yes
Property subtype OFFICE
Lease Type SF/yr

Space & Availability

Condition Second Generation
Furnished Yes

Amenities

fitness center
auditorium
conference facilities
data center
event space
bike room
Listing Agency: Bradford Allen - Corporate
Listed By: Andy DeMoss
Source: Moodyscre
Added: Jul 22, 2025 Changed: Jul 29 Last Checked: Aug 2 at 1:00PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bradford Allen - Corporate

Investment Insights

Based on property information with market context.

Second generation lofted spec suite with concrete flooring and furnishings provided per the plan. The suite is located within a fully renovated historic landmark and is served by secure building access with keycard-operated elevators.

The property is at a prime Michigan Avenue address and offers extensive on-site amenity space, including a fitness center, auditorium, conference facilities, data center, event space, and a bike room. It is directly across from Millennium Park and its underground parking garage.

With its loft-style spec configuration and concrete flooring, the suite is positioned for tenants looking for a move-in-ready office environment supported by shared building amenities and controlled access.

Key Highlights

  • Second generation lofted spec suite with concrete flooring
  • Furnished per the plan
  • Secure building with keycard access elevators

Property Analytics

Current Use

Merit Laser Services ... Electronics & Wireless Store Niby Mathew, M.D. Pediatrician Cooperativa Ceramica d’Imola ... Industrial Manufacturer Dr. Sanjay N. ... Ophthalmologist Tawani Ventures Venture Capital Company

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Building Supply Pet Grooming Service (Bike/Boat/Book/etc) Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$5.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

28,530
Businesses Nearby

Demographics for 60603, IL

1,288
Population
984
Households
1.3
Avg Household Size
38
Median Age
92%
College-Educated
100%
High-School Grad
0.1 sq mi
ZIP Area
12,880
Density / Sq Mi
$128,107
Median Household Income
$86,484
Median Earnings
$2,104
Median Rent
$608,100
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$28.7 /SF/Yr
Avg Asking Price
$6.41–$70 /SF/Yr
Price Range
15,166 SF
Avg Space Size

This space is priced 25% above the average of $28.7 /SF/Yr.

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Lofted spec suite with concrete flooring, furnished per plan, inside a secure building across from Millennium Park.
Where is this office units located?
The property is located at 104 S Michigan Ave Chicago, IL.
What is the lease rate?
The lease rate is $36 SF/Yr.
What are key features of this property?
This property features: Second generation lofted spec suite with concrete flooring; Furnished per the plan; Secure building with keycard access elevators
(312) 515-8692 Call to check price and availability
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