The Monroe Building - Office Space Availability

For Lease $34 - $34.5/Sqft/Year

104 S Michigan Ave, Chicago, IL 60603

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  • Office
  • Office Building
  • 8,485 Sqft

The Monroe Building, Chicago, IL 60603 - Office Space for rent

The Monroe Building is located at 104 S Michigan Ave in the Downtown Chicago neighborhood, IL, Chicago, 60603. The Class A Office building was completed in 1912 and features a total of 217,978 Sqft. There are 3 Office spaces available for lease at 104 S Michigan Ave, Chicago, IL, 60603, totaling 8,485 Sqft. The largest space available has 4,778 Sqft and a rental rate of $34.5/Sqft/Year.

The average property tax per square foot paid by a commercial property in zip code 60603 is $7.

There are 123 office spaces for lease in the Downtown Chicago neighborhood, totaling 750,824 Sqft of available office space. The office space availability for the 60603 zip code is 2,301,003 Sqft, in 274 office spaces. The average asking office rent per sq. ft. in Downtown Chicago is $21.43/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 $23.08/sqft/year.

In Downtown Chicago, there are 2 class A office buildings. In Downtown Chicago, there are a total of 3 LEED certified office buildings. In 1912, the same year The Monroe Building was built, 71 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Chicago, featuring 1,819,390 square feet of commercial space. At zip code level, there are 30 commercial properties, of which 30 are office buildings over 50,000 square feet.

Nearby Listings

Nearby Properties

Details

  • Lease Rate $34 - $34.5/Sqft/Year
  • Address 104 S Michigan Ave, Chicago, IL 60603
  • City Chicago
  • Neighborhood Downtown Chicago
  • Zip Code 60603
  • Market Urban Chicago
  • Property Type Office
  • Property Subtype Office Building
  • Property Status Existing
  • Building Size 217,978 Sqft
  • Total Space Available 8,485 Sqft
  • Min Divisible 1,247 Sqft
  • Max Contiguous 4,808 Sqft
  • Building Class A
  • Year Built 1912
  • Year Renovated 2012

Availability

Suite Name Space Type Lease Rate Space Available
1020 Office $34/Sqft/Year 1,247 Sqft
  • Suite 1020
  • Space Type Office
  • Space Subtype Office Building
  • Lease Rate $34/Sqft/Year
  • Total Space Available 1,247 Sqft
  • Min Divisible 1,247 Sqft
  • Max Contiguous 1,247 Sqft
  • Lease Term 7
  • Available From Tuesday, January 2, 2018

NORTH VIEW, WITH VIEW OF UNIVERSITY CLUB AND ELEVATOR LOBBY IDENTITY.

Attachments

SUITE 625 Office $34.5/Sqft/Year 2,460 Sqft
  • Suite SUITE 625
  • Space Type Office
  • Space Subtype Office Building
  • Lease Rate $34.5/Sqft/Year
  • Total Space Available 2,460 Sqft
  • Min Divisible 2,460 Sqft
  • Max Contiguous 2,460 Sqft
  • Lease Term 7
  • Available From Saturday, December 31, 2016

NORTHWEST CORNER VIEW WITH ELEVATOR IDENTITY.

Attachments

SUITE 725 Office $34.5/Sqft/Year 4,778 Sqft
  • Suite SUITE 725
  • Space Type Office
  • Space Subtype Office Building
  • Lease Rate $34.5/Sqft/Year
  • Total Space Available 4,778 Sqft
  • Min Divisible 2,199 Sqft
  • Max Contiguous 4,808 Sqft
  • Lease Term 7
  • Available From Saturday, December 31, 2016

NORTHWEST CORNER SUITE WITH ELEVATOR IDENTITY

Attachments

Description

A century ago, the Monroe Building set a new benchmark for premium Chicago office space. Today this elite building offers a Millennium Park location, a new restoration including the latest amenities and technologies, providing a unique tenant experience unlike any other.  

Learn more about the restoration ... tour the Monroe Building - Chicago's Architectural Gem, with the Chicago Architectural Foundation.

   Virtual Tour HERE  

Highlights

  • Parking Type - UnReserved
  • Parking Ratio - 25.00 / 1,000 SF
  • Construction Type - Steel & Stone Construction
  • Property Tenancy - Multi-Tenant
  • Leed - Proposed
  • On Site Property Management
  • 24 Hr. Security
  • Conference Room
  • Off Site Concierge
  • Auditorium
  • Adjacent Parking
  • Data Center
  • On Site Restaurants and Banking

Downtown Chicago Demographics

The average household income in zip code 60603 is $218,982, from a total of 491 households. In terms of employment, there are 98.43 % white-collar and 1.57 % blue-collar jobs in zip code 60603.

Population

  • Total Population20,800
  • Male Population(48.5 %) 10,093
  • Female Population(51.5 %) 10,707
  • Median Age34.00

Income/Financial

  • Average Household Income$121,944
  • Median Household Income$94,961
  • Median Income Under 25$16,488
  • Median Income 25-44$107,568
  • Median Income 45-64$177,898
  • Median Income Over 65$105,004

See more Downtown Chicago Demographics data

BROWSE OTHER PROPERTIES IN DOWNTOWN CHICAGO

Check out the links below if you're interested in other types of properties for lease or for sale in Downtown Chicago:

Attachments

Broker Leasing Agent

Cushman & Wakefield Lenora Adds, Broker

Tawani Property Management - Loop

(312) 545-3601