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Office Building with Fitness Center
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625 N Michigan Ave, Chicago, IL 60611

Full-service office building offering on-site fitness, tenant lounge, conference space, concierge support, and 24-hour security.

Space SizeContact for details
Property Size13,121 SF
Days on Market840

Property Features for 625 N Michigan Ave

General Information

Standard status Active
Size 13,121 SF
Property subtype OFFICE

Amenities

Fitness Center
Tenant Lounge
Conference Center
Concierge Services
Adjacent Parking
24-hour Security
Bike Room
Listing Agency: Transwestern | Chicago
Listed By: Kathleen Bertrand
Source: Moodyscre
Added: Apr 17, 2024 Changed: Jul 26 Last Checked: Aug 3 at 1:40PM

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 Transwestern | Chicago

Investment Insights

Based on property information with market context.

This office building is set up for modern workplace needs, with a dedicated fitness center, tenant lounge, and conference center. Concierge services are available, and the building also includes a bike room.

The property is located at 625 N Michigan Ave in Chicago, with adjacent parking for added convenience.

With on-site amenities including 24-hour security, this space is designed to support day-to-day operations and client meetings. Additional convenience features include concierge support and nearby parking access.

Key Highlights

  • Full‑service office building with on‑site fitness center
  • Tenant lounge on‑site for building occupants
  • Conference center available on‑site

Property Analytics

Current Use

J P Lindquist ... Insurance Agency Sofia F. Garcia, ... Physician The Truman Group, Inc. Business Management Consultant Boulware Group Inc Employment Agency Pelvic Rehabilitation Medicine Physician

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Restaurant Tattoo & Piercing Shop Pet Grooming Service Buffet

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

30,068
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

$18.58 /SF/Yr
Avg Asking Price
$11–$32.5 /SF/Yr
Price Range
42,869 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 - Full-service office building offering on-site fitness, tenant lounge, conference space, concierge support, and 24-hour security.
Where is this office building located?
The property is located at 625 N Michigan Ave Chicago, IL.
What are key features of this property?
This property features: Full‑service office building with on‑site fitness center; Tenant lounge on‑site for building occupants; Conference center available on‑site
(312) 881-7046 Call to check price and availability
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