Class A Office Tower For
For Lease
Contact for pricing
401 N Michigan Ave, Chicago, IL 60611
Class A office space with premium amenities and city views.
Space Size21,543 SF
Days on Market267
Property Features for 401 N Michigan Ave
General Information
Standard status
Active
Size
21,543 SF
Class
A
Property subtype
office
Spaces For Lease
at 401 N Michigan Ave Contact usAvailable Space Immediately
Floor
26
Size
21,543 SF
Type
Office
Sublease
Yes
Available Space Immediately
Floor
27
Size
21,543 SF
Type
Office
Sublease
Yes
Listing Agency:
Chicago
(312) 782-5800
Listed By:
Andy Strand · License #475.148423
(312) 213-7580
Source:
Property.jll
Added: Jan 27
Changed: Oct 7
Last Checked: Oct 20 at 5:44PM
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 Chicago
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Investment Insights
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Located at the epicenter of Chicago's business district and high-end retailers, 401 North Michigan Avenue connects the Magnificent Mile to Millennium Park and the Loop. This Class A office tower features oversized windows with views of the Chicago River, Lake Michigan, Michigan Avenue, and Chicago’s historic architecture. Tenants have access to Class A onsite services and building amenities, including Pine Street Kitchen, a 6,000 square-foot shared conference center and tenant lounge, and a 7,500 square-foot health club managed by LifeStart Fitness, offering free weights, treadmills, Peloton bikes, elliptical machines, group exercise classes, and personal training. Additional amenities include indoor valet parking for 251 cars with on-site car wash and vehicle assistance, a secure bike room, on-site concierge services, direct access to the Riverwalk, and monthly tenant activities on Pioneer Court. USPS, FedEx, and UPS delivery services and an ATM are available. The building has concourse access to the adjacent Gleacher Center’s conference center, event space, and dining club. 401 North Michigan Avenue has a Gold Wired Certification from WiredScore, and tenants can utilize the conference center and lounge with urban views. The Park at 401, located on Pioneer Court, offers an outdoor workspace. Direct access to the Riverwalk from Pioneer Court includes ADA accessibility.
Key Highlights
- Prime location at 401 North Michigan Avenue, connecting the Magnificent Mile, Millennium Park, and the Loop, with direct access to the Riverwalk and Pioneer Court.
- Class A office tower with oversized windows offering exceptional views of the Chicago River, Lake Michigan, Michigan Avenue, and Chicago's architecture.
- Comprehensive amenities including a 6,000 SF shared conference center, a 7,500 SF health club managed by LifeStart Fitness, and Pine Street Kitchen with local food options.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
34,739
Businesses Nearby
Explore this area
Business Placement
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
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Market
Lease Benchmarks for Chicago, IL
$26.82 /SF/Yr
Avg Asking Price
$4.8–$94 /SF/Yr
Price Range
14,677 SF
Avg Space Size
Vacancy Rate% for Office in Chicago, IL
Frequently Asked Questions
What type of property is this?
Office unit - Class A office space with premium amenities and city views.
Where is this office unit located?
The property is located at 401 N Michigan Ave Chicago, IL.
What are key features of this property?
This property features: Prime location at 401 North Michigan Avenue, connecting the Magnificent Mile, Millennium Park, and the Loop, with direct access to the Riverwalk and Pioneer Court.; Class A office tower with **oversized windows offering exceptional views** of the Chicago River, Lake Michigan, Michigan Avenue, and Chicago's architecture.; Comprehensive amenities including a 6,000 SF shared conference center, a 7,500 SF health club managed by LifeStart Fitness, and Pine Street Kitchen with local food options.
