500 North Michigan Avenue - Space Availability

For Lease$19/Sqft/Year

500 North Michigan Avenue, Chicago, IL 60611

  • Office
  • General Office
  • 16,645 Sqft

500 North Michigan Avenue, Chicago, IL 60611 - Office Space for rent

500 North Michigan Avenue is located at 500 North Michigan Avenue in the Near North Side Chicago neighborhood, IL, Chicago, 60611. The Class A Office building was completed in 1967 and features a total of 322,443 Sqft. There are 2 Office spaces available for lease at 500 North Michigan Avenue, Chicago, IL, 60611, totaling 16,645 Sqft. The largest space available has 8,618 Sqft and a rental rate of $18 - $20/Sqft/Year.

There are 161 office spaces for lease in the Near North Side Chicago neighborhood, totaling 1,117,152 Sqft of available office space. The office space availability for the 60611 zip code is 1,032,245 Sqft, in 177 office spaces. The average asking office rent per sq. ft. in Near North Side Chicago is $0.75/sqft/year. For Class C office buildings the average office rate is $5.25/sqft/year.

In Near North Side Chicago, there are 13 class A office buildings. In Near North Side Chicago, there are a total of 6 LEED certified office buildings. In 1967, the same year 500 North Michigan Avenue was built, 30 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Chicago, featuring 2,416,622 square feet of commercial space.

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Details

  • Price $19/Sqft/Year
  • City Chicago
  • Neighborhood Near North Side Chicago
  • Zip Code 60611
  • Market Chicago
  • Property Type Office - General Office
  • Property Size 322,443 Sqft
  • Lot Size 0.38 Acre
  • Parking Spaces Avail. 54
  • Parking Ratio 0.17/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Year Built 1967

Availability

Suite Name Space Type Lease Rate Space Available
Suite 1600 General Office $18 - $20/Sqft/Year 8,618 Sqft
  • Suite Suite 1600
  • Space Type General Office
  • Available From Wednesday, August 8, 2018
  • Total Space Available 8,618 Sqft
  • Floor From 16 To 16
  • Divisible Space No
  • Min Divisible 8,618 Sqft
  • Max Contiguous 8,618 Sqft
  • Lease Rate $18 - $20/Sqft/Year
  • Possession Type Immediate
  • Lease Type NNN
  • Call For Terms Yes
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Peter Caruso

Jones Lang LaSalle

(312) 228-2926

Jose Gonzalez

Jones Lang LaSalle

(312) 228-2155

23rd Floor General Office Contact for pricing 8,027 Sqft
  • Suite 23rd Floor
  • Space Type General Office
  • Available From Wednesday, August 15, 2018
  • Total Space Available 8,027 Sqft
  • Floor From 23 To 23
  • Divisible Space No
  • Min Divisible 8,027 Sqft
  • Max Contiguous 8,027 Sqft
  • Lease Rate Contact for pricing
  • Possession Type Immediate
  • Call For Terms Yes
  • Sub Lease Yes
  • Sub Lease Expiry Tuesday, November 30, 2021

Exclusive Brokers

Corby Marx

Colliers International

(312) 612-5923

John Iglar

Colliers International

(312) 777-2619

Near North Side Chicago Demographics

The average household income in zip code 60611 is $159,285, from a total of 20,487 households. In terms of employment, there are 96.87 % white-collar and 3.13 % blue-collar jobs in zip code 60611.

Population

  • Total Population11,362
  • Male Population(47.0 %) 5,341
  • Female Population(53.0 %) 6,021
  • Median Age33.70

Income/Financial

  • Average Household Income$143,734
  • Median Household Income$96,040
  • Median Income Under 25$38,942
  • Median Income 25-44$91,683
  • Median Income 45-64$132,452
  • Median Income Over 65$102,532

BROWSE OTHER PROPERTIES IN NEAR NORTH SIDE CHICAGO

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

Leasing Contacts Register now to add listings

Peter Caruso

Jones Lang LaSalle

(312) 228-2926

Jose Gonzalez

Jones Lang LaSalle

(312) 228-2155