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    1331 S Michigan Ave, Chicago, IL

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    Remodeled space near public transit and new luxury apartments.

    Type:OFFICE
    Property size:
    3,900 SF
    Lot size:
    0.09 Acres
    Added:
    Feb 7, 2023
    Days on Market:
    1222
    Last Refresh:
    May 20 at 9:24 pm

    Property Features for 1331 S Michigan Ave

    General Information

    Standard status
    Active
    Size
    3,900 SF
    Lot size
    0.09 Acres
    Property subtype
    OFFICE

    Spaces For Lease

    at 1331 S Michigan Ave Contact us

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    Listing Contact
    Alex Sutterer
    Alex Sutterer

    Listing agent Alex Sutterer License #475133590

    Listing office NAI Hiffman | Oakbrook Terrace

    Listing date Feb 7, 2023

    Source Moodyscre

    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 NAI Hiffman | Oakbrook Terrace

    HighLights

    • Strategic location in the dynamic South Loop, between proposed One Central and The 78 developments.
    • High foot traffic area near Grant Park and Roosevelt Road.
    • Close proximity to public transportation (State & Roosevelt 'L' station - green, red, and orange lines).
    • Recent 2016 remodel with new stairwells, elevator, and life safety upgrades.
    • 1,700 new luxury apartments developed within a 2‑block radius in the last 24 months.
    • Column‑free space with exposed brick walls.

    Overview

    This property, located south of Roosevelt Road and Grant Park, offers column-free space with exposed brick walls. Remodeled in 2016, the building features new stairwells, an elevator, and life safety upgrades. It is situated on Michigan Avenue, which sees 16,800 vehicles per day, and is near the State & Roosevelt "L" station, providing access to the green, red, and orange lines. The location is strategically positioned between the proposed One Central and the 78 transformative developments in the dynamic South Loop. Within a two-block radius, 1,700 new luxury apartments have been developed in the past 24 months. Nearby neighbors include Rush Medical, The Paragon, NEMA, and the Chicago Firehouse Restaurant. The average household income within one mile is $82,250. The property is suitable for medical, fitness, or professional use. The property contains 3,900 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience 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
    -87.6237
    Latitude
    41.8649

    FAQs

    What type of property is this?
    Office units - Remodeled space near public transit and new luxury apartments.
    Where is this office units located?
    The property is located at 1331 S Michigan Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: Strategic location in the dynamic South Loop, between proposed One Central and The 78 developments.; High foot traffic area near Grant Park and Roosevelt Road.; Close proximity to public transportation (State & Roosevelt 'L' station - green, red, and orange lines).
    (630) 932-1234 Call to check price and availability
    More about this property
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