2300 Michigan Ave Chicago, IL 60616
This exceptional 2,450 sq. ft. executive office space is situated within a seven-story, Class C building at 2300 S Michigan Ave, Chicago, IL 60616. Built in 2013, the property boasts a total of 186,445 sq. ft. and is located in Cook County's vibrant South Loop submarket, specifically within the historic Motor Row district. The space is part of a multi-tenant building and offers a high-profile ground-floor location with expansive windows overlooking Michigan Avenue, providing excellent visibility and brand recognition. High ceilings are a key feature, ideal for a variety of uses including coffee shops, food service establishments, or medical offices. The building offers limited parking (4 spaces total) and allows for exterior signage. This location benefits from the ongoing revitalization of Motor Row, with planned additions of entertainment venues, hotels, restaurants, and bars promising continued growth and increased foot traffic. The property's strategic location within a luxury apartment building ensures a steady flow of potential customers. This is a rare opportunity to secure a prominent space in a rapidly developing area.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.