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500 N Michigan Ave

Chicago, IL
Floors
24
Total Size
322,443 sqft
Lot Size
0 acres
Zoning
PD-487
Year Constructed
1968
Year Renovated
2011
Building Class
B
Close Public Transit
CTA
Close To
Ogilvie train stations, Chicago River, Lake Michigan

Features

Lobby Attendant
Onsite Parking
On Site Security

Current Availabilities

$17.00
/sqft/yr
Sep 14
ago
Sublease Office
  • Term Length: 11 months
  • Terms: Modified Gross
  • Offices
  • Conference Rooms
  • Kitchen
  • Furniture
  • Reception
  • Plug and play
  • Seven office layout inclusive of two executive offices
  • Large reception area
  • Large conference room
  • Thirteen 8’x6’ workstations and chairs
Listing agent for this listing
Konstantine T. Sepsis, Avison Young

About 500 N Michigan Ave

Situated on the Magnificent Mile in downtown Chicago, this 24-story building at 500 N Michigan Avenue is an economic alternative to most other office buildings in the Loop. The location of the property offers convenient onsite parking, close proximity to public transportation, and a plethora of nearby food and retail amenities.

Companies at 500 N Michigan Ave

The Purple Pig Bar Restaurant Food
Bank of America Bank Finance
Chicago Chocolate Tours
Tribune Media Services Inc

Internet Providers for 500 N Michigan Ave

Provider Technology Max Download Speed Max Upload Speed
Level 3 Communications, LLC Fiber
10 Gb/s
10 Gb/s
Zayo Broadband Fiber
10 Gb/s
10 Gb/s
Comcast Cable
1 Gb/s
1 Gb/s
MegaPath Corporation DSL
50 Mb/s
50 Mb/s
AT&T Illinois DSL
25 Mb/s
1.5 Mb/s

The Neighborhood: Near North Side

Most listings are in the $30's per square foot per year. The Near North Side submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 7% increase in rent.

Compared to the rest of the Chicagoland market, the Near North Side region has higher rates, and you'll need to pay a premium to be in this hot region.

Median Rate Median Size
Near North Side $40
/sqft/yr
3,620
sqft
Median Rate Median Size
Chicagoland $24
/sqft/yr
2,400
sqft

Median Rate over Time in Near North Side