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Class A Office Building
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737 N Michigan Ave, Chicago, IL 60611

Class A office building with floor-to-ceiling windows and a 435-car underground parking facility.

Space SizeContact for details
Property Size335,000 SF
Days on Market1273

Property Features for 737 N Michigan Ave

General Information

Standard status Active
Size 335,000 SF
Property subtype OFFICE
Listing Agency: CBRE | Chicago
Listed By: Michael Kazmierczak
Source: Moodyscre
Added: Feb 8, 2023 Changed: Jul 30 Last Checked: Aug 4 at 9:17AM

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 CBRE | Chicago

Investment Insights

Based on property information with market context.

737 N Michigan Ave is a class A office building offering a distinctive curved exterior and a modern facade with clad granite panels that taper as they ascend. The building features floor-to-ceiling windows designed to provide dramatic city views, supporting a premium work environment.

The recently renovated lobby includes striking limestone floors and eucalyptus wood veneered panels, along with energy-efficient lighting. The project was designed by Skidmore Owings and Merrill and includes a 435-car underground parking facility.

With approximately 335,000 square feet, this property supports corporate office tenancy in a high-profile setting with nearby hotels, spas, restaurants, retail, and healthcare facilities, offering convenient access for employees and visitors.

Key Highlights

  • Approximately 335,000 SF class A office building
  • 435‑car underground parking facility
  • Floor‑to‑ceiling windows for city views

Property Analytics

Current Use

Ralph Cooper Jr. ... Real Estate Agency Northwestern Memorial Hospital Medical Clinic Pediatric Dental Health ... Dental Office Dr. Marilia J. ... Dental Office Dr. Ken Kromash, ... Dental Office

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Restaurant Pet Grooming Service Tattoo & Piercing Shop Nursing Home

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

Location Intelligence

Trade Area within ½ mile

24,227
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

$18.58 /SF/Yr
Avg Asking Price
$11–$32.5 /SF/Yr
Price Range
42,869 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Office building - Class A office building with floor-to-ceiling windows and a 435-car underground parking facility.
Where is this office building located?
The property is located at 737 N Michigan Ave Chicago, IL.
What are key features of this property?
This property features: Approximately 335,000 SF class A office building; 435‑car underground parking facility; Floor‑to‑ceiling windows for city views
(312) 861-7899 Call to check price and availability
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