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400 N Michigan Ave, Chicago, IL 60611

Renovated in 2017 with furniture available, interconnecting stairwell, and 295 cubicles across two floors.

Property Size21,543 SF
Days on Market350

Property Features for 400 N Michigan Ave

General Information

Standard status Active
Size 21,543 SF
Property subtype OFFICE
Listing Agency: Cushman & Wakefield - Corporate
Listed By: Jeffrey "Jeff" Skender
Source: Moodyscre
Added: Aug 19, 2025 Changed: Jul 28 Last Checked: Aug 2 at 1:31PM

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 Cushman & Wakefield - Corporate

Investment Insights

Based on property information with market context.

Renovated in 2017, this office building offers furnished workstations and a layout designed for a mix of private office space and collaborative areas. The space includes an interconnecting stairwell and a total of 295 cubicles across both floors, along with private perimeter offices with city views. Additional features include interior private offices, small huddle rooms, and conference rooms of varying sizes to accommodate both small and larger groups.

The property is located at 400 N Michigan Ave in Chicago, IL 60611.

The configuration combines perimeter and interior private offices with shared meeting spaces, supported by an interconnecting stairwell for circulation between floors.

Key Highlights

  • Renovated in 2017, with furniture available
  • Two‑floor office setup with interconnecting stairwell
  • 295 total cubicles across both floors

Property Analytics

Current Use

Veralon Business Management Consultant JAG Capital Management Financial Advisor Genial - Chicago Office Corporate Office FELDSTEINCO LLC Financial Advisor 5411 Empanadas Grocery & Convenience Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Tanning Salon Butcher Buffet Adult Day Care

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

38,321
Businesses Nearby

Demographics for 60611, IL

38,456
Population
28,239
Households
1.4
Avg Household Size
39
Median Age
88%
College-Educated
99%
High-School Grad
0.8 sq mi
ZIP Area
48,070
Density / Sq Mi
$124,621
Median Household Income
$92,917
Median Earnings
$2,416
Median Rent
$608,200
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
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Frequently Asked Questions

What type of property is this?
Office building - Renovated in 2017 with furniture available, interconnecting stairwell, and 295 cubicles across two floors.
Where is this office building located?
The property is located at 400 N Michigan Ave Chicago, IL.
What are key features of this property?
This property features: Renovated in 2017, with furniture available; Two‑floor office setup with interconnecting stairwell; 295 total cubicles across both floors
(312) 470-2325 Call to check price and availability
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