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    400 N Michigan Ave Chicago, IL 60611

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    For Lease
    $25 SF/Yr ($19,456 /Mo)

    Available office space with city views and modern amenities.

    Property size:
    9,339 SF
    Lot size:
    0.24 Acres

    Property Features for 400 N Michigan Ave

    General Information

    Size
    9,339 SF
    Lot size
    0.24 Acres
    Source: Moodyscre

    Listing Agent: Erica Marshall

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

    Overview

    Renovated Office Space For Rent

    This office space, renovated in 2017, offers a total area of 9339 square feet. The layout includes a mix of private perimeter offices with city views and interior private offices. It features a total of 295 cubicles across two floors, connected by an interconnecting stairwell. The space also includes small huddle rooms and conference rooms of varying sizes suitable for both small and large groups. Furniture is available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Veralon Business Management Consultant JAG Capital Management Investment Service Genial - Chicago Office Corporate Office FELDSTEINCO LLC Investment Service 5411 Empanadas Grocery Store

    Suggested Use

    Realty agency Spa & Massage Restaurant Dental Office Hair Salon Nail Salon Building Supply Daycare Center Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6248599
    Latitude
    41.8768076

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    FAQs

    What type of property is this?
    Office space - Available office space with city views and modern amenities.
    Where is this office space located?
    The property is located at 400 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: - Renovated in 2017; - Mix of private perimeter offices with beautiful city views; - Conference rooms of varying sizes
    (708) 667-8800
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    400 N Michigan Ave Chicago, IL 60611
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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
    400 N Michigan Ave Chicago, IL 60611
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