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Renovated Historic Office Space
For Lease
$34 SF/Yr

104 S Michigan Avenue, Chicago, IL 60603

Modern office space with amenities and lake views for rent.

Space Size1,345 SF - 20,653 SF
Property Size243,166 SF
Days on Market166

Property Features for 104 S Michigan Avenue

General Information

Standard status Active
Size 1,345 SF - 20,653 SF
Class A
Property subtype Office
Lease Term NNN; MG

Building Details

Building Size 243,166 SF
Year Built 1912

Spaces For Lease

at 104 S Michigan Avenue Contact us

Retail B

Size
2,769 SF
Type
Street Retail
Term
Negotiable
Rate
Contact for pricing
Contact us

Suite 1010 $34/SF/Yr

Size
1,918 SF
Type
Office Building
Term
Negotiable
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Suite 1020 $34/SF/Yr

Size
1,345 SF
Type
Office Building
Term
Negotiable
Contact us

Suite 1100 $36/SF/Yr

Size
5,982 SF
Type
Office Building
Term
Negotiable
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Suite 1120 $36/SF/Yr

Size
4,305 SF
Type
Office Building
Term
Negotiable
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Suite 1125 $34/SF/Yr

Size
2,937 SF
Type
Office Building
Term
Negotiable
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Suite 1320 $34/SF/Yr

Size
2,359 SF
Type
Office Building
Term
Negotiable
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Suite 1400 $36/SF/Yr

Size
14,724 SF
Type
Office Building
Term
Negotiable
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Suite 1500 $36/SF/Yr

Size
13,816 SF
Type
Office Building
Term
Negotiable
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Suite 200 $36/SF/Yr

Size
20,653 SF
Type
Office Building
Term
Negotiable
Contact us

Suite 300 $36/SF/Yr

Size
9,856 SF
Type
Office Building
Term
Negotiable
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Suite 400 $36/SF/Yr

Size
12,343 SF
Type
Office Building
Term
Negotiable
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Suite 525 $34/SF/Yr

Size
1,364 SF
Type
Office Building
Term
Negotiable
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Suite 700 $36/SF/Yr

Size
5,588 SF
Type
Office Building
Term
Negotiable
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Suite 720 $36/SF/Yr

Size
3,205 SF
Type
Office Building
Term
Negotiable
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Suite 825 $36/SF/Yr

Size
6,753 SF
Type
Office Building
Term
Negotiable
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Suite 900 $36/SF/Yr

Size
14,797 SF
Type
Office Building
Term
Negotiable
Contact us
Listing Agency: Bradford Allen - Corporate
Listed By: Andy DeMoss
Source: Bradfordallen
Added: Mar 26 Changed: Sep 3 Last Checked: Sep 6 at 6:34AM

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.

The historic Monroe Building has been fully renovated, offering high-end, modern office space equipped with amenities and technologies. State-of-the-art amenities include a tenant fitness center, a 2-story auditorium and broadcast center, conference and teleconference facilities, event space, data center, on-site bike room, and food service. The building is celebrating its centennial with a newly completed restoration and unobstructed lake and Millennium Park views. The Monroe Building combines historic design with the features of a modern workplace. Efficient floor plates accommodate 2,000-square-foot to 14,700-square-foot users on a single floor with elevator identity for every tenant.

Key Highlights

  • Unobstructed lake and Millennium Park views
  • Newly renovated historic building with modern office space
  • State‑of‑the‑art amenities including a tenant fitness center, auditorium/broadcast center, and conference facilities

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
$5.10 /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

$19.35 /SF/Yr
Avg Asking Price
$11–$34 /SF/Yr
Price Range
44,480 SF
Avg Space Size

This space is priced 76% above the average of $19.35 /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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Modern office space with amenities and lake views for rent.
Where is this office building located?
The property is located at 104 S Michigan Avenue Chicago, IL.
What is the lease rate?
The lease rate is $34 SF/Yr.
What are key features of this property?
This property features: Unobstructed lake and Millennium Park views; Newly renovated historic building with modern office space; State‑of‑the‑art amenities including a tenant fitness center, auditorium/broadcast center, and conference facilities
More about this property
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