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2245 S Michigan Ave

South Loop, Chicago, IL
Total Size
22,500 sqft
Lot Size
16,000 sqft
Year Constructed


Onsite Parking

About 2245 S Michigan Ave

The impressive building at 2245 S Michigan Avenue, Chicago, presents an amazing opportunity for tenants looking to rent office space in a distinctive building in Chicago’s Historic Motor Row District.

The building features three stories and 22,500 square feet of space. Inside, tenants are likely to first notice the bright and airy feel of the spaces due to the incredible windows along Michigan Avenue. Exposed brick and original timber beams create a vintage-chic environment while being reminiscent of the building’s past.

The building features gas-forced heat for comfort during Chicago’s winters and air-conditioning throughout for the warm summers. Tenants have access to a 29-car, 8,000 sqft fenced-in parking lot for added convenience.

Mass transit is abundant in the immediate area, providing easy commuting to and from the office. Several bus lines are located just steps from the entrance; the Cermak-Chinatown Red Line is within three blocks.

The building’s exterior features a handsome brick and stone exterior. The massive windows along the upper two floors perfectly break up the façade while the lower floor has architecturally distinct, tall and narrow windows beside the impressive entrance.

Internet Providers for 2245 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
3 Mb/s
768 kbps

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