625 North Michigan - Office Space Availability

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625 North Michigan Avenue, Chicago, IL 60611

  • Office
  • Office Building

625 North Michigan, Chicago, IL 60611 - Office Space

625 North Michigan is located at 625 North Michigan Avenue in the Streeterville neighborhood, IL, Chicago, 60611. The Class A Office building was completed in 1971 and features a total of 350,000 Sqft.

The average property tax per square foot paid by a commercial property in zip code 60611 is $8.

There are 114 office spaces for lease in the Streeterville neighborhood, totaling 606,964 Sqft of available office space. The office space availability for the 60611 zip code is 1,595,154 Sqft, in 235 office spaces. The average asking office rent per sq. ft. in Streeterville is $28.43/sqft/year. For Class A+ office buildings the average office rate is $23.69/sqft/year, for Class A office buildings the average office rate is $26.3/sqft/year, for Class B office buildings the average office rate is $31.79/sqft/year.

In Streeterville, there are 7 class A office buildings. In Streeterville, there are a total of 1 LEED certified office buildings. In 1971, the same year 625 North Michigan was built, 128 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Chicago, featuring 5,487,412 square feet of commercial space. At zip code level, there are 34 commercial properties, of which 34 are office buildings over 50,000 square feet.

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Details

  • Lease Rate Contact for pricing
  • Address 625 North Michigan Avenue, Chicago, IL 60611
  • City Chicago
  • Neighborhood Streeterville
  • Zip Code 60611
  • Market Urban Chicago
  • Property Type Office
  • Property Subtype Office Building
  • Property Status Existing
  • Building Size 350,000 Sqft
  • Lot Size 0.38 Acre
  • Building Class A
  • Year Built 1971

Highlights

  • Number of Stories - 28
  • Min Stories - 28
  • Max Stories - 28
  • Building Exterior - Masonry
  • Construction Type - Steel Frame
  • Restroom Access - Both
  • Controlled Access
  • Fitness Center
  • Standard Ceiling Height
  • Common area Wi-Fi
  • Passenger Elevators
  • High Rise
  • Major street exposure

Streeterville Demographics

The average household income in zip code 60611 is $164,374, from a total of 20,102 households. In terms of employment, there are 98.12 % white-collar and 1.88 % blue-collar jobs in zip code 60611.

Population

  • Total Population31,165
  • Male Population(46.4 %) 14,458
  • Female Population(53.6 %) 16,707
  • Median Age38.40

Income/Financial

  • Average Household Income$164,374
  • Median Household Income$87,280
  • Median Income Under 25$31,618
  • Median Income 25-44$76,367
  • Median Income 45-64$153,629
  • Median Income Over 65$108,125

See more Streeterville Demographics data

BROWSE OTHER PROPERTIES IN STREETERVILLE

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

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Jillian Schwartz

Willard Jones Real Estate LLC