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Office Building with Park and Lake Views
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30 N Michigan Ave, Chicago, IL 60602

Prominent office building with white terra cotta exterior and views of Millennium Park and Lake Michigan.

Space SizeContact for details
Property Size851 SF
Days on Market889

Property Features for 30 N Michigan Ave

General Information

Standard status Active
Size 851 SF
Property subtype OFFICE
Lease Type SF/yr

Additional Details

Public Transit Yes

Spaces For Lease

at 30 N Michigan Ave Contact us

30 N Michigan Ave $35/SF/Yr

Contact us
Listing Agency: Marc Realty
Listed By: Candice Wells
Source: Moodyscre
Added: Feb 27, 2024 Changed: Jul 30 Last Checked: Aug 3 at 1:27PM

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 Marc Realty

Investment Insights

Based on property information with market context.

30 N Michigan Ave is a prominent office building within the Streetwall District along Michigan Avenue. The building features a white terra cotta exterior and offers views of Millennium Park and Lake Michigan.

The property is directly across from Millennium Park and is within one block of Grant Park and The Art Institute. It also sits within blocks of the Theatre District, State Street shopping, hotels, and restaurants. Abundant parking is available at Grant Park North, Millennium Park, and city garages.

Transit access is supported by multiple nearby options within walking distance, including Loop Link, buses, the “L,” DIVVY, and Metra Train service and Millennium Stations. The available space is 851 SF.

Key Highlights

  • White terra cotta exterior
  • Views of Millennium Park and Lake Michigan
  • Directly across from Millennium Park

Property Analytics

Current Use

Dr. James K. ... Dental Office Dr. Teo Limosnero, ... Dental Office Matsumoto Michael Y ... Dental Office New Mom Network Physician Carpenter Wendell MD Physician

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Pet Grooming Service Adult Day Care Buffet 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
$5.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

31,865
Businesses Nearby

Demographics for 60602, IL

1,261
Population
551
Households
2.3
Avg Household Size
39
Median Age
49%
College-Educated
97%
High-School Grad
0.1 sq mi
ZIP Area
12,610
Density / Sq Mi
$123,047
Median Household Income
$43,500
Median Earnings
$2,775
Median Rent
$383,300
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

This space is priced 88% above the average of $18.58 /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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Prominent office building with white terra cotta exterior and views of Millennium Park and Lake Michigan.
Where is this office building located?
The property is located at 30 N Michigan Ave Chicago, IL.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: White terra cotta exterior; Views of Millennium Park and Lake Michigan; Directly across from Millennium Park
(312) 884-5452 Call to check price and availability
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