Listed By: Todd Siegel Show Phone

Source: Cbre

Added: Mar 27 Changed: Sep 8 Last Checked: Sep 9 at 6:47AM

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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 Todd Siegel

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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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

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

Market

Lease Benchmarks for Chicago, IL

$22.21 /SF/Yr

Avg Asking Price

$11–$46 /SF/Yr

Price Range

42,610 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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What type of property is this? Where is this office buildings located? What is the lease rate? Find similar properties What are key features of this property?

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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