324 North Michigan Avenue - Office Space Availability

For Lease$27/Sqft/Year See below for details.

324 North Michigan Avenue, Chicago, IL 60601

  • Office
  • Office Building
  • 4,679 Sqft

324 North Michigan Avenue, Chicago, IL 60601 - Office Space for rent

324 North Michigan Avenue is located at 324 North Michigan Avenue in the Chicago Loop neighborhood, IL, Chicago, 60601. The Office building was completed in 1910 and features a total of 22,500 Sqft. There is 1 Office space available for lease at 324 North Michigan Avenue, Chicago, IL, 60601, totaling 4,679 Sqft. The largest space available has 4,679 Sqft and a rental rate of $27/Sqft/Year.

There are 1,435 office spaces for lease in the Chicago Loop neighborhood, totaling 12,696,338 Sqft of available office space. The office space availability for the 60601 zip code is 2,339,290 Sqft, in 262 office spaces. The average asking office rent per sq. ft. in Chicago Loop is $31.88/sqft/year. For Class A+ office buildings the average office rate is $33.05/sqft/year, for Class A office buildings the average office rate is $26.92/sqft/year, for Class B office buildings the average office rate is $28.56/sqft/year, for Class C office buildings the average office rate is $94.4/sqft/year.

In Chicago Loop, there are 17 class A+ office buildings, there are 69 class A office buildings, there are 84 class B office buildings, there are 10 class C office buildings. In Chicago Loop, there are a total of 49 LEED certified office buildings. In 1910, the same year 324 North Michigan Avenue was built, 131 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Chicago, featuring 2,149,128 square feet of commercial space. At zip code level, there are 31 commercial properties, of which 30 are office buildings over 50,000 square feet.

Nearby Listings

Nearby Properties

Details

  • Lease Rate $27/Sqft/Year
  • City Chicago
  • Neighborhood Chicago Loop
  • Zip Code 60601
  • Property Type Office - Office Building
  • Property Size 22,500 Sqft
  • Lot Size 0.36 Acre
  • Year Built 1910
  • Date Updated 13 Aug, 2020

Availability

Suite Name Space Type Lease Rate Space Available
3rd Floor Office $27/Sqft/Year 4,679 Sqft
  • Suite 3rd Floor
  • Space Type Office
  • Total Space Available 4,679 Sqft
  • Floor From 3 To 3
  • Divisible Space No
  • Min Divisible 4,679 Sqft
  • Max Contiguous 4,679 Sqft
  • Lease Rate $27/Sqft/Year
  • Possession Type Immediate
  • Lease Type Modified Gross
  • Call For Terms Yes
  • Renewal Option Yes
  • Sub Lease No

FREQUENTLY ASKED QUESTIONS

How many office spaces are available at 324 North Michigan Avenue?

There is currently 1 office space in this building.

What is the largest space available at 324 North Michigan Avenue?

Currently, the largest rentable space at 324 North Michigan Avenue totals 4,679 square feet.

What is the lease rate of the largest space available?

The monthly lease rate for the largest space available at 324 North Michigan Avenue is $27/Sqft/Year per square foot.

What is the total square footage of 324 North Michigan Avenue?

324 North Michigan Avenue totals 22,500 square feet.

When was this property built?

324 North Michigan Avenue was built in 1910.

Chicago Loop Demographics

The average household income in zip code 60601 is $151,419, from a total of 8,864 households. In terms of employment, there are 96.56 % white-collar and 3.44 % blue-collar jobs in zip code 60601.

Population

  • Total Population10,343
  • Male Population(49.5 %) 5,119
  • Female Population(50.5 %) 5,225
  • Median Age32.40

Income/Financial

  • Average Household Income$173,270
  • Median Household Income$131,477
  • Median Income Under 25$2,499
  • Median Income 25-44$150,735
  • Median Income 45-64$214,548
  • Median Income Over 65$184,290

Leasing Contact Register now to add listings

Amanda Friedlander

InCommercial Property Group

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