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Property profile & analytics

401 Michigan Ave Chicago, IL 60611

  • Commercial real estate
Value Estimation
Location Intelligence
Property ID
US28-1151510
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Adriana Lin / Real Estate Agent / Apartment Rental Agency
  • Consulting Solutions Inc / Environmental Consultant / Commercial Real Estate Inspector
  • Law Office of Jacquelyn M Bruno / Estate Planning Attorney / Law Firm
  • Title Service / Title Company
  • SolarLogics / Solar Energy System Service

Property Details for 401 Michigan Ave

Property type
Commercial real estate
APN
17-10-137-012
APU
1710137012

Description

This Class A, 20,971 square foot office building at 401 North Michigan Avenue, Suite 1200, Chicago, IL 60611, offers a variety of workspace solutions. Located on the 12th floor of the landmark Equitable Building, this Cook County property boasts a prime location on the Magnificent Mile, directly across the bridge from the city's central business district. The building features 350 suites, with a minimum divisible space of 10 square feet and a maximum contiguous space of 1,300 square feet. Currently, 5,970 square feet are vacant. Renovated in 2019, the building includes elevators and offers various office configurations, including private, fully furnished, and equipped offices suitable for individuals or large companies. Options range from serviced and custom office spaces to disaster recovery spaces and day offices. Amenities include a training room accommodating up to 60 people, a lounge area, secure underground parking, and proximity to the Chicago Riverwalk and a vibrant restaurant and retail scene. The building offers a benefits program with exclusive discounts and procurement support. This exceptional property provides a unique opportunity to establish a presence in one of Chicago's most desirable business locations.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.6233
Latitude
41.8894
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$11,889
$6,867
$50,660
$57,527
-
$27,468
$202,640
$230,108
More about this property
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