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    645 N Michigan Ave Chicago, IL 60611

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    For Lease
    $39 SF/Yr ($1,898 /Mo)

    Office space for rent with on-site amenities.

    Property size:
    584 SF
    Lot size:
    0.46 Acres

    Property Features for 645 N Michigan Ave

    General Information

    Size
    584 SF
    Lot size
    0.46 Acres
    Source: Moodyscre

    Listing Agent: Mark B By

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

    Overview

    Office Space on Michigan Avenue

    This 584-square-foot office space is available for rent. The property features a conferencing facility, high-speed internet access, on-site management, and a restaurant.
    Location Intelligence

    Current Use by Public Records

    Leah D. Paskar, ... Psychologist Donald Bennett, DDS Dentist Perry Good: Allstate ... Insurance Agency Warner Brothers TV Television Repair Service Chicago Aesthetics Club Medical Spa

    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
    -87.623595
    Latitude
    41.8939172

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    FAQs

    What type of property is this?
    Office space - Office space for rent with on-site amenities.
    Where is this office space located?
    The property is located at 645 N Michigan Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $39 SF/Yr.
    What are key features of this property?
    This property features: - On-site restaurant for convenient dining.; - Conferencing facility available for meetings and events.; - Benefit from on-site management.
    (773) 272-5277
    Request Owner's contact information
    645 N Michigan Ave Chicago, IL 60611
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    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
    645 N Michigan Ave Chicago, IL 60611
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