Office Building With Millennium Park
For Lease
Contact for pricing
8 S Michigan Ave, Chicago, IL 60603
Small-footprint office space in a classic mixed-use building with views of Millennium Park and Lake Michigan.
Property Size2,333 SF
Days on Market955
Property Features for 8 S Michigan Ave
General Information
Standard status
Active
Size
2,333 SF
Property subtype
OFFICE
Lease Type
SF/yr
Additional Details
Public Transit
Yes
Listing Agency:
Marc Realty
(312) 994-5656
Listed By:
Joe Storiz
Source:
Moodyscre
Added: Dec 18, 2023
Changed: Jul 29
Last Checked: Jul 30 at 10:56AM
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 Marc Realty
Investment Insights
Based on property information with market context.
8 S Michigan Ave is an office building in a classic architectural style offering strong views of Millennium Park and Lake Michigan. The building’s floor plates are described as small, supporting an identity-driven layout, and the available office space is 2,333 square feet.
The building includes retail tenants such as Bank of America, Chia Chai, and Graham Crackers comics. It is within blocks of the Chicago Cultural Center and the Theatre District, with nearby State Street shopping, hotels, and restaurants.
On-site parking is supported by abundant nearby options at Grant Park North, Millennium Park, and City garages. Public transportation is available within walking distance, providing convenient access for employees and clients.
The building includes retail tenants such as Bank of America, Chia Chai, and Graham Crackers comics. It is within blocks of the Chicago Cultural Center and the Theatre District, with nearby State Street shopping, hotels, and restaurants.
On-site parking is supported by abundant nearby options at Grant Park North, Millennium Park, and City garages. Public transportation is available within walking distance, providing convenient access for employees and clients.
Key Highlights
- 2,333 SF office space
- Classic architectural style
- Views of Millennium Park and Lake Michigan
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.90 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
28,530
Businesses Nearby
Explore this area
Business Placement
Demographics for 60603, IL
1,288
Population
984
Households
1.3
Avg Household Size
38
Median Age
92%
College-Educated
100%
High-School Grad
0.1 sq mi
ZIP Area
12,880
Density / Sq Mi
$128,107
Median Household Income
$86,484
Median Earnings
$2,104
Median Rent
$608,100
Median Home Value
Market
Lease Benchmarks for Chicago, IL
$23.25 /SF/Yr
Avg Asking Price
$16–$32.5 /SF/Yr
Price Range
112,327 SF
Avg Space Size
This space is priced 12% above the average of $23.25 /SF/Yr.
Vacancy Rate% for Office in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Office building - Small-footprint office space in a classic mixed-use building with views of Millennium Park and Lake Michigan.
Where is this office building located?
The property is located at 8 S Michigan Ave Chicago, IL.
What is the lease rate?
The lease rate is $26 SF/Yr.
What are key features of this property?
This property features: 2,333 SF office space; Classic architectural style; Views of Millennium Park and Lake Michigan
