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Office Space with Conferencing
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645 N Michigan Ave, Chicago, IL 60611

Office space offering conferencing facilities, high-speed internet, on-site management, and an on-site restaurant.

Property Size5,357 SF
Days on Market633

Property Features for 645 N Michigan Ave

General Information

Standard status Active
Size 5,357 SF
Property subtype OFFICE
Lease Type SF/yr

Amenities

Conferencing Facility
High-Speed Internet
On-Site Management
Restaurant
Listing Agency: Stream Realty Partners | Chicago
Listed By: Mark Bâby
Source: Moodyscre
Added: Nov 5, 2024 Changed: Jul 27 Last Checked: Jul 30 at 12:30PM

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 Stream Realty Partners | Chicago

Investment Insights

Based on property information with market context.

This office space is set up for business use with conferencing facilities and high-speed internet, along with on-site management. An on-site restaurant is also available for tenants and guests.

The property is located at 645 N Michigan Ave in Chicago, Illinois (60611), providing a straightforward option for organizations that need both meeting space and reliable connectivity.

For renters seeking an office environment supported by on-site management and built-in conferencing capability, this space offers a practical, amenity-forward configuration.

Key Highlights

  • Office space with conferencing facilities
  • High‑speed internet available
  • On‑site management provided

Property Analytics

Current Use

Leah D. Paskar, ... Physician Donald Bennett, DDS Dental Office Perry Good: Allstate ... Insurance Agency Warner Brothers TV Computer & Electronic Repair Chicago Aesthetics Club Spa & Massage Center

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Restaurant Tattoo & Piercing Shop Pet Grooming Service 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
$5.85 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

30,068
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

$27.06 /SF/Yr
Avg Asking Price
$6.41–$70 /SF/Yr
Price Range
15,999 SF
Avg Space Size

This space is priced 44% above the average of $27.06 /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
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Frequently Asked Questions

What type of property is this?
Office units - Office space offering conferencing facilities, high-speed internet, on-site management, and an on-site restaurant.
Where is this office units 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: Office space with conferencing facilities; High‑speed internet available; On‑site management provided
(773) 272-5277 Call to check price and availability
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