401 Michigan AveChicago, IL 60611

  • Commercial real estate

Property Details for 401 Michigan Ave

Property type
Commercial real estate
APN
17-10-137-012
APU
1710137012

Description

This Class A, 20,971 square foot office building at 401 North Michigan Avenue, Suite 1200, Chicago, IL 60611, offers a variety of workspace solutions. Located on the 12th floor of the landmark Equitable Building, this Cook County property boasts a prime location on the Magnificent Mile, directly across the bridge from the city's central business district. The building features 350 suites, with a minimum divisible space of 10 square feet and a maximum contiguous space of 1,300 square feet. Currently, 5,970 square feet are vacant. Renovated in 2019, the building includes elevators and offers various office configurations, including private, fully furnished, and equipped offices suitable for individuals or large companies. Options range from serviced and custom office spaces to disaster recovery spaces and day offices. Amenities include a training room accommodating up to 60 people, a lounge area, secure underground parking, and proximity to the Chicago Riverwalk and a vibrant restaurant and retail scene. The building offers a benefits program with exclusive discounts and procurement support. This exceptional property provides a unique opportunity to establish a presence in one of Chicago's most desirable business locations.

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.8894
Longitude
-87.6233
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$11,889
$6,867
$50,660
$57,527
-
$27,468
$202,640
$230,108

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].