1006 South Michigan Avenue, Chicago, IL 60605 - Office Space
1006 South Michigan Avenue is located at 1006 South Michigan Avenue in the Downtown Chicago neighborhood, IL, Chicago, 60605. The Class B Office building was completed in 1915 and features a total of 70,000 Sqft.
The average property tax per square foot paid by a commercial property in zip code 60605 is $3.
There are 174 office spaces for lease in the Downtown Chicago neighborhood, totaling 887,565 Sqft of available office space. The office space availability for the 60605 zip code is 217,985 Sqft, in 68 office spaces. The average asking office rent per sq. ft. in Downtown Chicago is $22.29/sqft/year. For Class A office buildings the average office rate is $11.5/sqft/year, for Class B office buildings the average office rate is $24.09/sqft/year.
In Downtown Chicago, there are 16 class B office buildings. In Downtown Chicago, there are a total of 3 LEED certified office buildings. In 1915, the same year 1006 South Michigan Avenue was built, 35 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Chicago, featuring 805,008 square feet of commercial space. At zip code level, there are 12 commercial properties, of which 12 are office buildings over 50,000 square feet.