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Office Suite with Reception Area
For Lease
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8 S Michigan Ave, Chicago, IL 60603

324 sq ft office suite includes a reception area, built-in wall storage, and closet space.

Space Size324 SF
Days on Market1316

Property Features for 8 S Michigan Ave

General Information

Standard status Active
Size 324 SF
Property subtype OFFICE
Lease Type Gross

Amenities

built-in wall storage
ample closet space
welcoming reception area
vinyl flooring

Building Details

Tenancy Multi

Spaces For Lease

at 8 S Michigan Ave Contact us

8 S Michigan Ave $28/SF/Yr

Floor
3
Size
324 SF
Type
OFFICE
Lease Type
GROSS
Availability
AVAILABLE, Now
Sublease
No
- 8 South Michigan building features classic architectural style, small floor sizes...
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Listing Agency: Marc Realty
Listed By: Joe Storiz
Source: Moodyscre
Added: Feb 3, 2023 Changed: Sep 7 Last Checked: Sep 11 at 9:20AM

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 Marc Realty

Investment Insights

Based on property information with market context.

8 South Michigan is a classic-style office building offering smaller floor sizes designed to create distinct space identity. The building includes retailers such as Bank of America, Chia Chai, and Graham Crackers comics.

The property is located within blocks of the Chicago Cultural Center and the theatre district, with access to State Street shopping, hotels, and restaurants. Parking is available at Grant Park North, Millennium Park, and City garages, and public transportation is within walking distance.

This 324 square foot office space features a welcoming reception area, built-in wall storage, ample closet space, and sleek vinyl flooring.

Key Highlights

  • 324 sq ft office suite with a reception area
  • Built‑in wall storage plus ample closet space
  • Sleek vinyl flooring in the office suite

Property Analytics

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Open Analytics

Current Use

DLV Productions, Inc Photography Service Next Level Construction ... Construction Company Olympian Diamonds Big Box & Wholesale Store The Chicago Jewelry Buyers (Bike/Boat/Book/etc) Store Ben Jacobson Consultants, ... Tech Support Center

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Pet Grooming Service Building Supply (Bike/Boat/Book/etc) Store Butcher

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$4.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

28,530
Businesses Nearby

Demographics for 60603, IL

1,288
Population
984
Households
1.3
Avg Household Size
38
Median Age
92%
College-Educated
100%
High-School Grad
0.1 sq mi
ZIP Area
12,880
Density / Sq Mi
$128,107
Median Household Income
$86,484
Median Earnings
$2,104
Median Rent
$608,100
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

$30.01 /SF/Yr
Avg Asking Price
$6–$133 /SF/Yr
Price Range
14,172 SF
Avg Space Size

This space is priced 7% below the average of $30.01 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - 324 sq ft office suite includes a reception area, built-in wall storage, and closet space.
Where is this office units located?
The property is located at 8 S Michigan Ave Chicago, IL.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: 324 sq ft office suite with a reception area; Built‑in wall storage plus ample closet space; Sleek vinyl flooring in the office suite
(312) 994-5656 Call to check price and availability
More about this property
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