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Class A Office Tower For Rent
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401 N Michigan Ave, Chicago, IL 60611

Class A office space with premium amenities and city views.

Space Size1,059 SF - 22,381 SF
Lot Size1.88 Acres
Days on Market1190

Property Features for 401 N Michigan Ave

General Information

Standard status Active
Size 1,059 SF - 22,381 SF
Lot size 1.88 Acres
Property subtype OFFICE

Spaces For Lease

at 401 N Michigan Ave Contact us

401 N Michigan Ave

Floor
17
Size
1,059 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Located at the epicenter of where the business district and Chicago’s high-end...
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401 N Michigan Ave

Floor
1
Size
3,803 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Located at the epicenter of where the business district and chicago’s high-end...
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401 N Michigan Ave

Floor
10
Size
21,700 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Located at the epicenter of where the business district and chicago’s high-end...
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401 N Michigan Ave

Floor
13
Size
6,317 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Located at the epicenter of where the business district and chicago’s high-end...
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401 N Michigan Ave

Floor
15
Size
1,405 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Located at the epicenter of where the business district and chicago’s high-end...
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401 N Michigan Ave

Floor
16
Size
7,088 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Located at the epicenter of where the business district and chicago’s high-end...
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401 N Michigan Ave

Floor
17
Size
2,522 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Located at the epicenter of where the business district and chicago’s high-end...
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401 N Michigan Ave

Floor
17
Size
4,507 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Located at the epicenter of where the business district and chicago’s high-end...
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401 N Michigan Ave

Floor
25
Size
15,353 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Located at the epicenter of where the business district and chicago’s high-end...
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401 N Michigan Ave

Floor
25
Size
8,573 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Located at the epicenter of where the business district and chicago’s high-end...
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Contact us

401 N Michigan Ave

Floor
26
Size
22,381 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Located at the epicenter of where the business district and chicago’s high-end...
show more
Contact us

401 N Michigan Ave

Floor
27
Size
21,776 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Located at the epicenter of where the business district and chicago’s high-end...
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Contact us

401 N Michigan Ave

Floor
28
Size
2,181 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Located at the epicenter of where the business district and chicago’s high-end...
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Contact us

401 N Michigan Ave

Floor
3
Size
8,380 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Located at the epicenter of where the business district and chicago’s high-end...
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Contact us

401 N Michigan Ave

Floor
6
Size
3,684 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Located at the epicenter of where the business district and chicago’s high-end...
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Contact us

401 N Michigan Ave

Floor
7
Size
3,669 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Located at the epicenter of where the business district and chicago’s high-end...
show more
Contact us

401 N Michigan Ave

Floor
9
Size
21,700 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Located at the epicenter of where the business district and chicago’s high-end...
show more
Contact us

401 N Michigan Ave

Floor
26
Size
21,543 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
Yes
- Now available for sublease, office 401 North Michigan located at 401 N Michigan...
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Contact us

401 N Michigan Ave

Floor
27
Size
21,543 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
Yes
- Now available for sublease, office 401 North Michigan located at 401 N Michigan...
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Contact us

401 N Michigan Ave $25/SF/Yr

Floor
15
Size
10,513 SF
Type
OFFICE
Availability
AVAILABLE, Now
Sublease
Yes
- 2 Conference Rooms: A ten-person conference room and a four-person conference room. -...
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Listing Agency: Zeller Management - Corporate
Listed By: Howard Meyer
Source: Moodyscre
Added: May 9, 2023 Changed: Aug 8 Last Checked: Apr 5 at 9:07PM

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 Zeller Management - Corporate

Investment Insights

Based on property information with market context.

Located at the epicenter of Chicago's business district and high-end retailers, 401 North Michigan Avenue connects the Magnificent Mile to Millennium Park and the Loop. This Class A office tower features oversized windows with views of the Chicago River, Lake Michigan, Michigan Avenue, and Chicago’s historic architecture. Tenants have access to Class A onsite services and building amenities, including Pine Street Kitchen, a 6,000 square-foot shared conference center and tenant lounge, and a 7,500 square-foot health club managed by LifeStart Fitness, offering free weights, treadmills, Peloton bikes, elliptical machines, group exercise classes, and personal training. Additional amenities include indoor valet parking for 251 cars with on-site car wash and vehicle assistance, a secure bike room, on-site concierge services, direct access to the Riverwalk, and monthly tenant activities on Pioneer Court. USPS, FedEx, and UPS delivery services and an ATM are available. The building has concourse access to the adjacent Gleacher Center’s conference center, event space, and dining club. 401 North Michigan Avenue has a Gold Wired Certification from WiredScore, and tenants can utilize the conference center and lounge with urban views. The Park at 401, located on Pioneer Court, offers an outdoor workspace. Direct access to the Riverwalk from Pioneer Court includes ADA accessibility.

Key Highlights

  • Prime location at 401 North Michigan Avenue, connecting the Magnificent Mile, Millennium Park, and the Loop, with direct access to the Riverwalk and Pioneer Court.
  • Class A office tower with oversized windows offering exceptional views of the Chicago River, Lake Michigan, Michigan Avenue, and Chicago's architecture.
  • Comprehensive amenities including a 6,000 SF shared conference center, a 7,500 SF health club managed by LifeStart Fitness, and Pine Street Kitchen with local food options.

Property Analytics

Current Use

Adriana Lin Real Estate Agency Consulting Solutions Inc Environmental Consultant Law Office of Jacquelyn ... Law Firm Title Service Title Company SolarLogics Electrical Service

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Nursing Home Adult Day Care Butcher Buffet

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
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

34,739
Businesses Nearby

Demographics for 60611, IL

38,456
Population
28,239
Households
1.4
Avg Household Size
39
Median Age
88%
College-Educated
99%
High-School Grad
0.8 sq mi
ZIP Area
48,070
Density / Sq Mi
$124,621
Median Household Income
$92,917
Median Earnings
$2,416
Median Rent
$608,200
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$28.32 /SF/Yr
Avg Asking Price
$5.5–$133 /SF/Yr
Price Range
14,737 SF
Avg Space Size

This space is priced 12% below the average of $28.32 /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 units - Class A office space with premium amenities and city views.
Where is this office units located?
The property is located at 401 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: Prime location at 401 North Michigan Avenue, connecting the Magnificent Mile, Millennium Park, and the Loop, with direct access to the Riverwalk and Pioneer Court.; Class A office tower with **oversized windows offering exceptional views** of the Chicago River, Lake Michigan, Michigan Avenue, and Chicago's architecture.; Comprehensive amenities including a 6,000 SF shared conference center, a 7,500 SF health club managed by LifeStart Fitness, and Pine Street Kitchen with local food options.
(312) 229-8970 Call to check price and availability
More about this property
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