Your email has been sent.
2229 S Michigan Ave 1,659 - 4,171 SF of Office Space Available in Chicago, IL 60616
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1 | 2,512 SF | Negotiable | $15.00 /SF/YR $1.25 /SF/MO $37,680 /YR $3,140 /MO | Modified Gross | ||
| 3rd Floor, Ste 303 | 1,659 SF | Negotiable | $16.00 /SF/YR $1.33 /SF/MO $26,544 /YR $2,212 /MO | Modified Gross |
1st Floor, Ste 1
Open space with high ceilings. Matterport tour: https://my.matterport.com/show/?m=MBeGvou8XLz
- Listed rate may not include certain utilities, building services and property expenses
- Partially Built-Out as Standard Office
- Open Floor Plan Layout
- Central Air and Heating
- High Ceilings
3rd Floor, Ste 303
Open area.
- Listed rate may not include certain utilities, building services and property expenses
- Partially Built-Out as Standard Office
- Open Floor Plan Layout
- Central Air and Heating
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 4,171 SF | Gross Leasable Area | 32,500 SF |
| Property Type | Retail | Year Built/Renovated | 1918/2018 |
| Total Space Available | 4,171 SF |
| Property Type | Retail |
| Gross Leasable Area | 32,500 SF |
| Year Built/Renovated | 1918/2018 |
ABOUT THE PROPERTY
Located in the historic landmark Motor Row district, 2229 S Michigan presents a newly revitalized creative office space brimming with unlimited potential. Once an automobile showroom, this iconic building has been thoughtfully restored with a new façade, modernized lobby, upgraded elevators, mechanical systems, windows, and bathrooms. Inside, the offices blend historic charm with modern appeal—featuring sandblasted brick walls, wood floors, soaring ceilings, and abundant natural light. Just south of the central business district, the South Loop offers convenient access to Grant Park, the Museum Campus, Soldier Field, and the lakefront, all while being steps from major CTA lines, Metra stations, and expressways. Pre- and post-work errands are right around the corner, including convenience stores, daycare and fitness centers, banks and grocery stores, post offices, coffee and convenience stores, and dozens of shopping, dining, and entertainment options. The area is known for its mix of classic architecture, new residential developments, and a growing roster of restaurants, retail, and entertainment options
NEARBY MAJOR RETAILERS
