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444 North Michigan Avenue, Chicago, IL 60611

Office buildings

Space SizeContact for details
Days on Market214

Property Features for 444 North Michigan Avenue

General Information

Standard status Active
Property subtype Retail

Site & Location

Neighborhood Magnificent Mile
Listing Agency: CBRE | Chicago
Listed By: Todd Siegel
Source: Cbre
Added: Mar 27 Changed: Oct 25 Last Checked: Oct 24 at 2:33PM

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 CBRE | Chicago

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Key Highlights

  • Single Tenant building
  • Ideal for Office Use
  • Features 8,326 SqFt of space

Property Analytics

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Open Analytics

Current Use

Urban East Realty Real Estate Agency American Dental Hygienists' ... Association / Organization Applus Technologies Auto Repair Shop Hull Law Group ... Law Firm Riskturn Inc. (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Nursing Home 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

34,739
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Chicago, IL

$22.55 /SF/Yr
Avg Asking Price
$11–$46 /SF/Yr
Price Range
51,730 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

Frequently Asked Questions

Where is this office building located?
The property is located at 444 North Michigan Avenue Chicago, IL.
What are key features of this property?
This property features: Single Tenant building; Ideal for Office Use; Features 8,326 SqFt of space
More about this property
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