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Office Building with Terra Cotta Facade
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400 N Michigan Ave, Chicago, IL 60611

Office building with a white terra cotta facade and convenient access to many bus routes.

Property Size1,998 SF
Days on Market350

Property Features for 400 N Michigan Ave

General Information

Standard status Active
Size 1,998 SF
Property subtype OFFICE

Additional Details

Public Transit Yes

Building Details

Construction terra cotta
Listing Agency: Cushman & Wakefield - Corporate
Listed By: Charles "Chip" Evans
Source: Moodyscre
Added: Aug 19, 2025 Changed: Jul 30 Last Checked: Aug 3 at 4:42AM

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.

Office building totaling 1,998 square feet, featuring a white terra cotta facade. The property is situated on the northeast corner of the Chicago River.

Located at 400 N Michigan Ave in Chicago, the building provides easy access to many bus routes, supporting convenient transit options for employees and visitors.

Key Highlights

  • 1,998 square feet
  • White terra cotta facade
  • Northeast corner of the Chicago River

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 - Office building with a white terra cotta facade and convenient access to many bus routes.
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: 1,998 square feet; White terra cotta facade; Northeast corner of the Chicago River
(312) 424-8050 Call to check price and availability
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