1837 S. Michigan Avenue, Chicago, IL, 60616 - Available for Lease

Office For Lease

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3,500SF Office/Retail Storefront in the South Loop

1837 S. Michigan Avenue, Chicago, IL 60616

$24 /SF/Year

3,500 SF | Office

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Office Property For Lease Get Financing

Total Space Available:
3,500 SF
Rental Rate:
$24 /SF/Year
Property Type:
Office
Property Sub-type:
Office Building
Additional Sub-types:
Medical Office
Free Standing Bldg
Street Retail
Building Size:
7,000 SF
Building Class:
B
Zoning Description:
DX-5
Listing ID
16363907
Last Updated
29 days ago

Find Out More...

1 Space Available

Space 1

  • 3,500 SF
  • $24 /SF/Year
  • Office Building
  • Jan 2014
  • 3
$24 /SF/Year$24 /SF/Year$2 /SF/Month$84,000 /Year$7,000 /Month

Highlights

  • 3,500 SF office/retail space available
  • First floor of two-story vintage building
  • Currently built-out as office with 9 private offices, open area for cubicles and 600 SF storage room
  • Potential to subdivide
  • 3 parking spaces included

Description

Located in the South Loop, this 3,500 square foot storefront is available for lease. The space is a great location for retail or office use and can potentially be divided. Currently, it is built-out as an office with nine private offices, an open area for cubicles, a reception area and waiting room as well as a storage area. The unit is close to several substantial condo developments, making this a great location for a number of businesses. The location also provides 3 parking spaces.

The South Loop saw tremendous growth over the last decade; over the next five years, the population is expected to increase by 8.2%. Residents are drawn to this neighborhood due to its proximity to downtown and historic buildings.

Map of 1837 S. Michigan Avenue, Chicago, IL 60616 (Cook County)

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Asking Price Index Trends for Chicago, IL Office For Lease

  Mar 14 vs. 3 mo.
prior
Y-O-Y
-
State
$16-0.2%-1.3%
-
Metro
$16-0.1%-0.8%
-
County
$18+0.3%+0.8%
-
City
$22-0.1%+3.2%

View Chicago Market Trends for other property types for sale or lease. Learn more about the chart info.

Created 8/20/2009
3,500SF Office/Retail Storefront in the South Loop
  • Office
  • $24 /SF/Year
  • 3,500 SF