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Property profile & analytics
FOR LEASE
Office buildings

30 N Michigan Ave Chicago, IL 60602

256,100 SF 0.36 ac lot Built 1919
Individually Owned 2-yr Hold Free & Clear
Property ID
US28-0143486
Property summary
AI-generated overview

This exceptional 21-story commercial property, located at 30 N Michigan Ave in Chicago's Downtown - East Loop submarket, offers a diverse range of office spaces. The building boasts a total of 69,494 square feet, with 86 individual suites available. Space options are highly flexible, ranging from a minimum of 219 square feet to a maximum contiguous space of 2,064 square feet, catering to businesses of all sizes. Currently, there are 61,234 square feet of vacant space ready for immediate occupancy. The building's versatile design accommodates various business types, including traditional office, executive office, coworking, medical office, and creative office spaces, as well as retail tenants such as salons, boutiques, and shops. The building features elevators for convenient access to all floors. Its prime location provides incredible city views and is within easy walking distance of the Theatre District, State Street shopping, numerous hotels and restaurants, and abundant public transportation options including the Loop Link, buses, the "L" train, Divvy bike share, Metra train, and Millennium Station. Ample parking is readily available in nearby garages and lots, including Grant Park North and Millennium Park. This property presents a unique opportunity to establish a presence in one of Chicago's most desirable and vibrant commercial districts. The building is located in Cook County, Illinois, and has a zip code of 60602.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1919
Total area 256,100 SF
Lot 0.36 ac (15,523 SF)
APN 17-10-312-006
UPID US28-0143486
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Dr. James K. Willerman, DDS Dental Office
  • Dr. Teo Limosnero, DDS Dental Office
  • Matsumoto Michael Y DDS Dental Office
  • New Mom Network Physician
  • Carpenter Wendell MD Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$10.27M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$13.20M
Owner & transaction history
Kimberly D Hill · 2 yrs held
Kimberly D Hill
since 2023
Last sale
$16.4M
5 recorded transactions
2023
Price N/A
2004
$16.4M
2004
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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