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Multi-Room Office Suite
New
For Lease
$15 SF/Yr

2212 S Michigan Avenue, Chicago, IL 60616

Second-floor workspace includes private offices and a kitchenette.

Space Size2,994 SF
Days on Market4

Property Features for 2212 S Michigan Avenue

General Information

Standard status Active
Size 2,994 SF
Net Rentable 2,994 SF
Property subtype Commercial

Space & Availability

Available Space 2,994 SF
Contiguous Space 2,994 SF
Floor 2
Space Use Office
Private Offices 5

Site & Location

Neighborhood South Loop
Highway Access Yes
Public Transit Yes

Amenities

Central air
Central Individual Cooling
Listing Agency: STRAUSS REALTY LTD
Listed By: CRAIG WOLF · License #475163046
Source: Corcoran
Added: Oct 28 Changed: Oct 30 Last Checked: Oct 30 at 2:38PM

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 STRAUSS REALTY LTD

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 2,994-square-foot office suite occupies the second floor and is arranged across nine rooms, including five private offices and a kitchenette.

Wintrust Arena, McCormick Place, and Chinatown are within a few blocks. The Cermak-McCormick Place Green Line station is a five-minute walk away, with access to I-55, I-90, and Lake Shore Drive.

Key Highlights

  • 2,994 SF on the second floor
  • Nine rooms, including five private offices
  • Kitchenette included

Property Analytics

Current Use

Acuet RCM Medical Billing Service

Suggested Use

Top Pick Carpet & Flooring Store Grocery & Convenience Store HVAC Service (Bike/Boat/Book/etc) Store Pet Store Barber Shop

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,404
Businesses Nearby

Demographics for 60616, IL

54,013
Population
26,912
Households
2
Avg Household Size
38
Median Age
53%
College-Educated
86%
High-School Grad
3.8 sq mi
ZIP Area
14,214
Density / Sq Mi
$77,841
Median Household Income
$53,415
Median Earnings
$1,329
Median Rent
$387,300
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$26.72 /SF/Yr
Avg Asking Price
$4.8–$94 /SF/Yr
Price Range
14,490 SF
Avg Space Size

This space is priced 44% below the average of $26.72 /SF/Yr.

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

Frequently Asked Questions

What type of property is this?
Office unit - Second-floor workspace includes private offices and a kitchenette.
Where is this office unit located?
The property is located at 2212 S Michigan Avenue Chicago, IL.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: 2,994 SF on the second floor; Nine rooms, including five private offices; Kitchenette included
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