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South Loop Office Space Available
For Sale
$7,190,000

1455 S Michigan Avenue, Chicago, IL 60605

Office spaces available in the heart of South Loop.

Property Size6,000 SF
Price / SF$1,198
Days on Market136

Property Features for 1455 S Michigan Avenue

General Information

Standard status Active
Size 6,000 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $198,859

Amenities

Central air
Central Air Cooling

Building Details

Year Built 1910
Listing Agency: BAIRD & WARNER
Listed By: MICHAEL GALVAN · License #471021529
Source: Corcoran
Added: Mar 31 Changed: Aug 8 Last Checked: Aug 8 at 5:47AM

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 BAIRD & WARNER

Investment Insights

Based on property information with market context.

Office spaces are available on Michigan Avenue in the South Loop. The available spaces range in size from 1,600 to 6,000 square feet. The building features both passenger and freight elevators. On-site parking is available.

Key Highlights

  • Prime location on Michigan Avenue in the South Loop.
  • Variety of space sizes available: 1,600, 2,400, and 6,000 SQFT.
  • On‑site parking available.

Property Analytics

Current Use

Ivy Garden Learning ... High School Ivy Garden Learning ... Daycare Center JDS Advisors Ltd Business Management Consultant Mr. David O'connell Physician Deer Rehab Services ... Rehabilitation Center

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Florist HVAC Service Furniture & Home Goods Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,044
Businesses Nearby

Demographics for 60605, IL

34,071
Population
20,478
Households
1.7
Avg Household Size
34
Median Age
82%
College-Educated
96%
High-School Grad
1.4 sq mi
ZIP Area
24,336
Density / Sq Mi
$118,403
Median Household Income
$82,091
Median Earnings
$2,402
Median Rent
$495,900
Median Home Value

Market

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 - Office spaces available in the heart of South Loop.
Where is this office units located?
The property is located at 1455 S Michigan Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $7,190,000.
What are key features of this property?
This property features: Prime location on Michigan Avenue in the South Loop.; Variety of space sizes available: **1,600, 2,400, and 6,000 SQFT.**; On‑site parking available.
More about this property
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