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Property profile & analytics

151 Michigan Ave Chicago, IL 60601-7506

  • Commercial real estate
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US28-1662047
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

  • Integrated Behavioral Medicine / Counselor / Psychologist
  • Baum Alana G PhD / Physician / Medical Clinic
  • Carolbeth Shansky, PhD / Physician / Medical Clinic
  • Theresa Nollette, LCSW / Foster Care Service / Social Service Agency
  • Starbucks / Cafe & Coffee Shop

Property Details for 151 Michigan Ave

Year built
2005
Property type
Commercial real estate
APN
17-10-317-003-8013
APU
17103170038013

Description

This exceptional opportunity presents three available suites within the bustling Millennium Station concourse at 151 N. Michigan Avenue, Chicago, IL 60601. Located in Cook County, this prime retail space offers a unique blend of high visibility and convenient access, ideal for a variety of businesses. The property features a total of 16,072 square feet, with individual suites ranging from a minimum of 900 square feet to a maximum contiguous space of 1,678 square feet. Currently, 3,710 square feet are vacant and ready for immediate occupancy. The flexible space is suitable for retail, executive office, or medical office uses, catering to diverse business needs. The multiple tenancy structure allows for adaptable configurations to suit individual requirements. The property's location within Millennium Station provides unparalleled access to public transportation and a high volume of foot traffic, ensuring maximum exposure for your business. Parking is included, adding further convenience for both tenants and their clients. This is a rare chance to secure a prominent presence in one of Chicago's most dynamic commercial hubs. Various exclusions apply. Contact us today to learn more about this exciting opportunity.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.6225
Latitude
41.8834
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
$144,893
$0.00
$704,450
$704,450
-
$0.00
$2,817,800
$2,817,800
More about this property
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