Office Space with Iconic Park
For Lease
Contact for pricing
8 S Michigan Ave, Chicago, IL 60603
Office space in a classic building with small floor sizes and views of Millennium Park and Lake Michigan.
Property Size675 SF
Days on Market1274
Property Features for 8 S Michigan Ave
General Information
Standard status
Active
Size
675 SF
Property subtype
OFFICE
Lease Type
SF/yr
Listing Agency:
Marc Realty
(312) 994-5656
Listed By:
Joe Storiz
Source:
Moodyscre
Added: Feb 3, 2023
Changed: Jul 28
Last Checked: Jul 30 at 9:24AM
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 within the 8 South Michigan building offers classic architectural character and small floor sizes designed to support a strong on-site identity. Retail tenants in the building include Bank of America, Chia Chai, and Graham Crackers comics.
The property is positioned within blocks of the Chicago Cultural Center and the theatre district, with State Street shopping, hotels, and restaurants nearby. Abundant parking is available through Grant Park North, Millennium Park, and City garages, and the building is within walking distance of public transportation.
The property is positioned within blocks of the Chicago Cultural Center and the theatre district, with State Street shopping, hotels, and restaurants nearby. Abundant parking is available through Grant Park North, Millennium Park, and City garages, and the building is within walking distance of public transportation.
Key Highlights
- Office space in a classic building with views of Millennium Park and Lake Michigan
- Retailers in the building include Bank of America, Chia Chai, and Graham Crackers comics
- Located within blocks of the Chicago Cultural Center, Theatre District, and State Street shopping
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
28,530
Businesses Nearby
Explore this area
Business Placement
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 11% above the average of $27.06 /SF/Yr.
Vacancy Rate% for Office in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Office units - Office space in a classic building with small floor sizes 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 $30 SF/Yr.
What are key features of this property?
This property features: Office space in a classic building with views of Millennium Park and Lake Michigan; Retailers in the building include Bank of America, Chia Chai, and Graham Crackers comics; Located within blocks of the Chicago Cultural Center, Theatre District, and State Street shopping
