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500 N Michigan Ave

Chicago, IL
Total Size
322,443 sqft
Lot Size
20,038 sqft
Year Constructed
Year Renovated
Building Class
Close Public Transit
Close To
Ogilvie train stations, Chicago River, Lake Michigan


Lobby Attendant
Onsite Parking
On Site Security

Current Availabilities

Sep 14
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

The typical asking rate per listing is in the $30's per square foot per year. The Near North Side region is experiencing a decrease in rates. In the last 3 months, the median rate fell $8 per sqft per year. That's a 19% decrease in rent.

Compared to the rest of the Chicagoland market, the Near North Side submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Median Rate Median Size
Near North Side $34
Median Rate Median Size
Chicagoland $23

Median Rate over Time in Near North Side