1411 South Michigan Avenue

Off Market

1411 South Michigan Avenue, Chicago, IL 60605

  • Office
  • General Office
  • 173,250 Sqft

1411 South Michigan Avenue, Chicago, IL 60605 - Office Space

1411 South Michigan Avenue is located at 1411 South Michigan Avenue in the South Loop neighborhood, IL, Chicago, 60605. The Class A Office building was completed in 2018 and features a total of 173,250 Sqft.

There are 38 office spaces for lease in the South Loop neighborhood, totaling 2,422,687 Sqft of available office space. The office space availability for the 60605 zip code is 244,258 Sqft, in 49 office spaces. The average asking office rent per sq. ft. in South Loop is $20.25/sqft/year. For Class A office buildings the average office rate is $30/sqft/year, for Class B office buildings the average office rate is $22.35/sqft/year.

In South Loop, there are 4 class A office buildings. In South Loop, there are a total of 1 LEED certified office buildings. In 2018, the same year 1411 South Michigan Avenue was built, 58 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Chicago, featuring 3,948,243 square feet of commercial space.

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Details

  • City Chicago
  • Neighborhood South Loop
  • Zip Code 60605
  • Market Chicago
  • Property Type Office - General Office
  • Property Size 173,250 Sqft
  • Lot Size 0.65 Acre
  • Parking Spaces Avail. 429
  • Parking Ratio 2.48/ 1,000 SF
  • Property Tenancy Single Tenant
  • Building Class A
  • Year Built 2018

South Loop Demographics

The average household income in zip code 60605 is $157,763, from a total of 13,239 households. In terms of employment, there are 96.43 % white-collar and 3.57 % blue-collar jobs in zip code 60605.

Population

  • Total Population22,425
  • Male Population(48.5 %) 10,870
  • Female Population(51.5 %) 11,555
  • Median Age33.60

Income/Financial

  • Average Household Income$97,528
  • Median Household Income$92,240
  • Median Income Under 25$18,883
  • Median Income 25-44$106,546
  • Median Income 45-64$106,401
  • Median Income Over 65$32,865

BROWSE OTHER PROPERTIES IN SOUTH LOOP

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