Office Units with Millennium Park
For Lease
Contact for pricing
8 S Michigan Ave, Chicago, IL 60603
Office units with small floor sizes and views of Millennium Park and Lake Michigan.
Property Size1,851 SF
Days on Market1274
Property Features for 8 S Michigan Ave
General Information
Standard status
Active
Size
1,851 SF
Property subtype
OFFICE
Lease Type
SF/yr
Additional Details
Public Transit
Yes
Building Details
Construction
classic architectural style
Listing Agency:
Marc Realty
(312) 994-5656
Listed By:
Joe Storiz
Source:
Moodyscre
Added: Feb 3, 2023
Changed: Jul 30
Last Checked: Jul 30 at 5:13AM
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 offers office units in a building with a classic architectural style and views of Millennium Park and Lake Michigan. The building is described as having small floor sizes, which can support strong on-site identity for office users.
Retailers in the building include Bank of America, Chia Chai, and Graham Crackers comics. The property is within blocks of the Chicago Cultural Center, the theatre district, and State Street shopping, with nearby hotels and restaurants. Abundant parking is available at Grant Park North, Millennium Park, and City garages, and the location is within walking distance of public transportation.
With 1,851 SF, these office units are sized for tenants seeking a more compact footprint within a dense downtown setting.
Retailers in the building include Bank of America, Chia Chai, and Graham Crackers comics. The property is within blocks of the Chicago Cultural Center, the theatre district, and State Street shopping, with nearby hotels and restaurants. Abundant parking is available at Grant Park North, Millennium Park, and City garages, and the location is within walking distance of public transportation.
With 1,851 SF, these office units are sized for tenants seeking a more compact footprint within a dense downtown setting.
Key Highlights
- Building features classic architectural style
- Office units with small floor sizes
- Views of Millennium Park and Lake Michigan
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$5.25 /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
$27.06 /SF/Yr
Avg Asking Price
$6.41–$70 /SF/Yr
Price Range
15,999 SF
Avg Space Size
This space is priced 29% above the average of $27.06 /SF/Yr.
Vacancy Rate% for Office in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Office units - Office units with small floor sizes and views of Millennium Park and Lake Michigan.
Where is this office units located?
The property is located at 8 S Michigan Ave Chicago, IL.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: Building features classic architectural style; Office units with small floor sizes; Views of Millennium Park and Lake Michigan
