Search
Downtown Office Building With Parking
For Lease
Contact for pricing

150 N Michigan Ave, Chicago, IL 60601

Office building with an on-site indoor parking garage offering 100 spaces for tenant and visitor use.

Property Size9,465 SF
Days on Market329

Property Features for 150 N Michigan Ave

General Information

Standard status Active
Size 9,465 SF
Total Parking Spaces 100
Property subtype OFFICE
Listing Agency: JLL - Corporate
Listed By: Kyle Harding · License #475.138912
Source: Moodyscre
Added: Sep 8, 2025 Changed: Jul 27 Last Checked: Aug 2 at 9:28AM

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 JLL - Corporate

Investment Insights

Based on property information with market context.

This downtown office building includes an on-site, indoor parking garage with 100 spaces, providing dedicated covered parking for tenants and visitors.

The property is walkable to Millennium Station and the “L” at nearby stops, with Lake Shore Drive also accessible via a short drive.

With its central office location and structured parking supply, the building supports businesses seeking convenient access and on-site parking.

Key Highlights

  • Office building with an on‑site indoor parking garage offering 100 spaces for tenant and visitor use
  • 1‑minute walk to Millennium Station
  • 4‑minute walk to the “L” Station

Property Analytics

Current Use

sweetgreen Restaurant LAI Video Media Distribution John Fagan - Mutual ... Loan Service Pablo Cortes - Mutual ... Loan Service SmithAmundsen: Anto Christine ... Law Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Adult Day Care Buffet Pet Grooming Service Clothing & Fashion Store

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

35,231
Businesses Nearby

Demographics for 60601, IL

15,814
Population
10,727
Households
1.5
Avg Household Size
36
Median Age
86%
College-Educated
95%
High-School Grad
0.4 sq mi
ZIP Area
39,535
Density / Sq Mi
$127,323
Median Household Income
$100,078
Median Earnings
$2,451
Median Rent
$495,400
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

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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Office building with an on-site indoor parking garage offering 100 spaces for tenant and visitor use.
Where is this office building located?
The property is located at 150 N Michigan Ave Chicago, IL.
What are key features of this property?
This property features: Office building with an on‑site indoor parking garage offering 100 spaces for tenant and visitor use; 1‑minute walk to Millennium Station; 4‑minute walk to the “L” Station
(312) 228-3141 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message