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Office Suite with Strong Identity
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8 S Michigan Ave, Chicago, IL 60603

Office space in the 8 South Michigan building with classic architecture and views of Millennium Park and Lake Michigan.

Property Size821 SF
Days on Market406

Property Features for 8 S Michigan Ave

General Information

Standard status Active
Size 821 SF
Property subtype OFFICE
Lease Type SF/yr

Amenities

fantastic views of Millennium Park and Lake Michigan
Listing Agency: Marc Realty
Listed By: Joe Storiz
Source: Moodyscre
Added: Jun 20, 2025 Changed: Jul 27 Last Checked: Jul 30 at 12:30PM

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.

Office space available within the 8 South Michigan building, featuring classic architectural styling and smaller floor sizes designed to support a strong identity. The property offers views of Millennium Park and Lake Michigan.

The building includes well-known on-site retailers such as Bank of America, Chia Chai, and Graham Crackers comics. The surrounding area is within blocks of Chicago’s 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 nearby city garages, and the location is within walking distance of public transportation.

Key Highlights

  • Office space in the 8 South Michigan building with classic architectural style
  • Fantastic views of Millennium Park and Lake Michigan
  • Retailers in the building include Bank of America, Chia Chai, and Graham Crackers comics

Property 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

NNN (Triple Net)
Lease Type
$3.45 /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

Market

Lease Benchmarks for Chicago, IL

$27.06 /SF/Yr
Avg Asking Price
$6.41–$70 /SF/Yr
Price Range
15,999 SF
Avg Space Size

This space is priced 15% below the average of $27.06 /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
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Frequently Asked Questions

What type of property is this?
Office units - Office space in the 8 South Michigan building with classic architecture and views of Millennium Park and Lake Michigan.
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 $23 SF/Yr.
What are key features of this property?
This property features: Office space in the 8 South Michigan building with classic architectural style; Fantastic views of Millennium Park and Lake Michigan; Retailers in the building include Bank of America, Chia Chai, and Graham Crackers comics
(312) 994-5656 Call to check price and availability
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