Open-Plan Office
303-2229 S Michigan Ave, Chicago, IL 60601
For Lease
$25 SF/Yr
Hardwood floors complement an open layout that can accommodate varied uses.
Space Size1,659 SF
Days on Market13
Property Features for 303-2229 S Michigan Ave
General Information
Standard status
Size
Net Rentable
Space & Availability
Available Space
Contiguous Space
Space Use
Site & Location
Neighborhood
Highway Access
Public Transit
Listing Agency:
Strauss Realty Ltd
Listed By:
Craig Wolf · License #475163046
(773) 736-3600
Source:
Exprealty
Added: Oct 28
Changed: Nov 8
Last Checked: Nov 8 at 5:12PM
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
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 1,659-square-foot office unit has an open-concept layout and hardwood flooring throughout. Its flexible interior is suited to a range of uses.
The property 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 property 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‑square‑foot office unit
- Open‑concept layout with hardwood flooring throughout
- Located in Chicago’s Motor Row District
Property 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
38,321
Businesses Nearby
Explore this area
Business Placement
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
$26.59 /SF/Yr
Avg Asking Price
$4.8–$94 /SF/Yr
Price Range
14,761 SF
Avg Space Size
This space is priced 6% below the average of $26.59 /SF/Yr.
Average Price Trend$/SF/Yr for Office Units in Chicago, IL
Properties on Market for Office Units in Chicago
Vacancy Rate% for Office in Chicago, IL
Frequently Asked Questions
What type of property is this?
Office unit - Hardwood floors complement an open layout that can accommodate varied uses.
Where is this office unit located?
The property is located at 303-2229 S Michigan Ave 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‑square‑foot office unit; Open‑concept layout with hardwood flooring throughout; Located in Chicago’s Motor Row District
