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    233 N Michigan Ave Chicago, IL 60601

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    For Lease
    $25 SF/Yr ($14,137 /Mo)

    Office space for rent with views of Lake Michigan.

    Property size:
    6,786 SF
    Lot size:
    1.35 Acres

    Property Features for 233 N Michigan Ave

    General Information

    Size
    6,786 SF
    Lot size
    1.35 Acres
    Source: Moodyscre

    Listing Agent: Mark Gunderson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Office Space with Lake Views

    This office space offers views of Lake Michigan and Grant Park. The property is located near North Michigan Avenue retail, hotels, and restaurants. Building features include 24-hour access, manned security, and engineering services. The property offers 6,786 square feet of office space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    CAFCU Credit Union Blackwood BBQ - Illinois ... Barbecue Restaurant McDonald's Fast Food Restaurant BrightEdge Software Company Onward Technologies Inc Computer Consultant

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Food Market Clothing Store Grocery Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.623281
    Latitude
    41.8871345

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    FAQs

    What type of property is this?
    Office space - Office space for rent with views of Lake Michigan.
    Where is this office space located?
    The property is located at 233 N Michigan Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: - Spectacular views of Lake Michigan and Grant Park.; - Proximity to North Michigan Avenue retail, hotels, and restaurants.; - 24-hour access.
    (312) 307-1904
    Request Owner's contact information
    233 N Michigan Ave Chicago, IL 60601
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    Chicago, IL 60601
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    233 N Michigan Ave Chicago, IL 60601
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