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1556 S Michigan Ave

South Loop, Chicago, IL
Total Size
14,000 sqft


Onsite Parking

About 1556 S Michigan Ave

The impressive, modern building at 1556 S Michigan Avenue, Chicago, presents a great opportunity for tenants looking to rent office space in a wonderful location. This is a two-story building with approximately 14,000 square feet of space.

Inside, tenants will find 12’ ceilings and tons of natural light; the building features nearly complete glass walls for a great window line and modern look. The first floor is retail or office space; the second floor is dedicated office space.

This truly modern building is ideal for daycare, a gym, architect, law or other creative office users. The spaces are as modern as the building itself. The second floor, for example, includes glass-enclosed offices, private offices, conference rooms and a fully built-out kitchenette.

The location is also idea; 1556 S Michigan Avenue is located on the corner of Michigan and 16th Street. Tenants are about 1 ½ blocks from the 12, 29 and 62 bus lines.

The exterior is comprised almost completely of glass, with a modern, stepped architectural design. Incredible details are seen across the entire structure, particularly yellow accents that perfectly complement the bluish-green-tinted glass.

Companies at 1556 S Michigan Ave

Metropolitan Veterinary Center Veterinary Care
Dental Group of Chicago Dentist Health

Internet Providers for 1556 S Michigan Ave

Provider Technology Max Download Speed Max Upload Speed
RCN and RCN Business Solutions Fiber
10 Gb/s
10 Gb/s
Zayo Broadband Fiber
10 Gb/s
10 Gb/s
Comcast Cable
1 Gb/s
1 Gb/s
AT&T Illinois DSL
25 Mb/s
1.5 Mb/s
MegaPath Corporation DSL
25 Mb/s
25 Mb/s

The Neighborhood: South Loop

Most listings are in the $30's per square foot per year. The South Loop region is experiencing a decrease in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 12% decrease in rent.

Compared to the rest of the Chicagoland market, the South Loop region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Median Rate Median Size
South Loop $30
Median Rate Median Size
Chicagoland $23

Median Rate over Time in South Loop