Office Space
1331 South Michigan Avenue Chicago, IL 60605
Details & Description
Price: $0
    Located south of Roosevelt Road and Grant Park. 16,800 vehicles per day on Michigan Avenue. Near State & Roosevelt "L" - green, red & orange lines. 1,700 New luxury apartments developed within 2 block radius within the past 24 months. Neighbors include Rush Medical, The Paragon, NEMA and the Chicago Firehouse Restaurant.
    Property Highlights
    Additional Photos
    Listing Agents
    Steve Sullivan

    O: 847-610-0123
    M: 847-610-0123
    ssullivan@hiffman.com
    Kelly Disser

    O: 630-317-0721
    M: 317-432-4813
    kdisser@hiffman.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    1331 South Michigan Avenue

    Chicago, IL 60605

    Listing ID: 252019
    • 1331 South Michigan Avenue Chicago, IL 60605 | for Lease | Photo 1
    • 1331 South Michigan Avenue Chicago, IL 60605 | for Lease | Photo 2
    • 1331 South Michigan Avenue Chicago, IL 60605 | for Lease | Photo 3
    • 1331 South Michigan Avenue Chicago, IL 60605 | for Lease | Photo 4
    • 1331 South Michigan Avenue Chicago, IL 60605 | for Lease | Photo 5
    1331 South Michigan Avenue | for Lease | Thumbnail 1
    1331 South Michigan Avenue | for Lease | Thumbnail 2
    1331 South Michigan Avenue | for Lease | Thumbnail 3
    1331 South Michigan Avenue | for Lease | Thumbnail 4
    1331 South Michigan Avenue | for Lease | Thumbnail 5
    Unit Size: 3,900 SF
    Annual Rate/SF: $15.00
    Monthly Price: $4,875.00
    Service Type: NNN
    Lot Size: --
    Land Size: --
    Price
    $15.00 sf/yr
    Property Highlights
    2016 remodel with 2 new stairwells, elevator and life safety upgrades
    120 - 130 ceiling height
    1,700 new luxury apartments developed within 2 block radius within the past 24 months
    3,000 - 11,700 SF, 3-story mixed use building
    Exposed brick walls Column free space
    Ideal medical, fitness or professional space
    Description

    Located south of Roosevelt Road and Grant Park. 16,800 vehicles per day on Michigan Avenue. Near State & Roosevelt "L" - green, red & orange lines. 1,700 New luxury apartments developed within 2 block radius within the past 24 months. Neighbors include Rush Medical, The Paragon, NEMA and the Chicago Firehouse Restaurant.

    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Chicago History of Office Space for Lease

    Chicago Area Market Trends

    Listing Demographics for 1331 South Michigan Avenue Chicago, IL 60605

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population50,619351,435788,486
    Population Median Age383837
    Population by Age0-9 Yrs3355 (6%)25731 (7%)75050 (9%)
    10-19 Yrs4006 (7%)25573 (7%)69431 (8%)
    20-29 Yrs11466 (22%)82262 (23%)185980 (23%)
    30-39 Yrs12194 (24%)76656 (21%)161641 (20%)
    40-49 Yrs6072 (11%)39711 (11%)90011 (11%)
    50-59 Yrs6380 (12%)38550 (10%)79134 (10%)
    60-69 Yrs3925 (7%)36447 (10%)71479 (9%)
    70+ Yrs3221 (6%)26505 (7%)55760 (7%)
    Median HH Income$105,835$92,775$77,415
    Total Household Income< 24K4425 (16%)33814 (18%)78655 (21%)
    25-49K2003 (7%)20103 (11%)52613 (14%)
    50-74K3072 (11%)22099 (12%)47470 (12%)
    75-99K3250 (12%)20380 (11%)39856 (10%)
    100-199K8662 (32%)49841 (27%)90130 (24%)
    200K+5290 (19%)34779 (19%)56456 (15%)
    Highest Education LevelNo Diploma18092070763636
    Diploma or GED26222723881421
    Some College39382997868284
    Assoc. Degree1624891222364
    Bachelors Degree1268192570181469
    Higher Degree1671091895157722
    Total Housing Units29,912208,211417,032
    --Owner-Occupied12,58870,927136,016
    --Renter-Occupied14,114110,089229,163
    Owner-Occupied Values< 100K19318095942
    100-199K483453717374
    200-299K23721300524991
    300-399K37261437822787
    400-499K22921114018006
    500K+35232605846915
    Total Working Age Population45,870314,203676,395
    In Work Force33,939225,665471,484
    Not In Work Force11,93188,538204,910
    Workforce Employed32,782214,939443,807
    Workforce Unemployed1,01010,49327,237
    Civlian Workforce33,792225,431471,044
    Military Workforce147234440
    Total Households26,702181,016365,179
    Family Households10,32470,499153,399
    Non-Family Households16,378110,517211,780
    Married Couple8,38353,524103,657
    Other Family1,94116,97549,742
    Married w/Child2,14214,73635,306
    Single Male w/Child511,2484,389
    Single Female w/Child8475,83218,914

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Illinois12,419,293+312,830,632+1214,316,487+615,138,849
    Cook County5,376,741-35,194,675+105,707,832+55,990,243

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 1331 South Michigan Avenue in Chicago?
    The asking price for 1331 South Michigan Avenue is $15.00 a SF per Year
    What is the building size of this commercial Office property?
    The size of this lease property at '.1331 South Michigan Avenue.' is 3900 square feet
    What kind of Office is the propery at 1331 South Michigan Avenue?
    The property at 1331 South Michigan Avenue Chicago, IL 60605 is listed as a Professional Office property
    What is the population within 1 mile of 1331 South Michigan Avenue in Chicago?
    The population within 1 mile of 1331 South Michigan Avenue Chicago, IL 60605 is 50,619 people.
    Who do I contact for questions about 1331 South Michigan Avenue?
    You should contact the listing agent, Steve Sullivan, for any details regarding this commercial listing.

    Other Listings for Lease Nearby

    Address Price Sq Ft Acres
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    542 South Dearborn Street, Chicago, IL CALL 1,376-6,723 -
    41 West Congress Parkway, Chicago, IL CALL 3,000-12,000 -
    401 South LaSalle Street, Chicago, IL $1,607-30,987/mo 877-8,451 -
    411 South Wells Street, Chicago, IL CALL 785-4,365 -

    Closest Commercial Airports

    Airport Distance (mi)
    Chicago Midway International Airport (MDW) 9
    Chicago O'Hare International Airport (ORD) 16
    South Bend Regional Airport (SBN) 68
    Price
    $15.00 sf/yr
    Listing Agent
    Listing Co-Agent
    Steve Sullivan - CRE Agent at

    Kelly Disser

    NAI Hiffman
    More listings from Steve Sullivan
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