Open-Concept Office
New
For Lease
$25 SF/Yr
2229 S Michigan Avenue #303, Chicago, IL 60616
Hardwood floors and a flexible interior layout support a range of office configurations.
Space Size1,659 SF
Days on Market3
Property Features for 2229 S Michigan Avenue #303
General Information
Standard status
Active
Size
1,659 SF
Net Rentable
1,659 SF
Property subtype
Commercial
Space & Availability
Available Space
1,659 SF
Contiguous Space
1,659 SF
Space Use
Office
Site & Location
Neighborhood
South Loop
Highway Access
Yes
Public Transit
Yes
Amenities
hardwood flooring
Central air
Central Air Cooling
Building Details
Year Built
1918
Listing Agency:
STRAUSS REALTY LTD
(773) 736-3600
Listed By:
CRAIG WOLF · License #475163046
(847) 989-9653
Source:
Corcoran
Added: Oct 29
Changed: Oct 30
Last Checked: Oct 30 at 2:30PM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,659-square-foot office unit offers an open-concept layout with hardwood flooring throughout. The flexible interior provides a straightforward canvas for office use within a building constructed in 1918.
The unit is in Chicago’s Motor Row District, with access to Wintrust Arena, McCormick Place, Chinatown, Lake Shore Drive, and the Cermak-McCormick Place Green Line.
The unit is in Chicago’s Motor Row District, with access to Wintrust Arena, McCormick Place, Chinatown, Lake Shore Drive, and the Cermak-McCormick Place Green Line.
Key Highlights
- 1,659 SF office unit with an open‑concept layout
- Hardwood flooring throughout
- Located in Chicago’s Motor Row District
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,404
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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 6% below the average of $26.72 /SF/Yr.
Vacancy Rate% for Office in Chicago, IL
Frequently Asked Questions
What type of property is this?
Office unit - Hardwood floors and a flexible interior layout support a range of office configurations.
Where is this office unit located?
The property is located at 2229 S Michigan Avenue #303 Chicago, IL.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: 1,659 SF office unit with an open‑concept layout; Hardwood flooring throughout; Located in Chicago’s Motor Row District
