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10,513 SF Available For Sublease

Market Price

401 N Michigan Ave, Chicago, IL 60611

Active
Last Updated: 05/05/2025

811,300 sqft

Building Size

1.85 acres

Lot Area

Details:
Building Size:    811,300 sqft
Lot Area:    1.85 acres
Class:    A
Units:    268
Year Built:    1965
Floors:    35
Parking Spots:    251
Description:

Suite 1550 offers a thoughtfully designed workspace spanning a total of 10,513 square feet, including 9,952 square feet of office space and an additional 561 square feet of storage space. The sublease includes all existing furniture, making it move-in ready for the next tenant. The current sublease term runs through September 30, 2033, offering a long-term opportunity for businesses to establish themselves in this prime location. The landlord is open to direct lease extensions, providing flexibility for future planning. This unit is offered as a single, undivided space by a motivated tenant ready to sublease.

401 North Michigan Avenue is perfectly positioned in Chicago's iconic Magnificent Mile district, a bustling hub of commerce, culture, and connectivity. This vibrant area boasts renowned retailers, exceptional dining, and cultural landmarks such as the Chicago Riverwalk and Millennium Park.

The neighborhood offers unparalleled convenience with proximity to world-class hotels, entertainment, and major transportation hubs, including Metra rail stations, CTA trains and buses, Lake Shore Drive, and even water taxi services on the Chicago River.

River North’s dynamic blend of trendy restaurants, high-end retailers, art galleries, athletic clubs, and luxury hotels makes it the most sought-after 24/7 neighborhood in Chicago’s Central Business District. The area's energy and accessibility create the perfect environment for businesses to thrive.

Map:
1 Space Available

1550, 15 Building

Available:
Immediately
Sublease:
Yes 09/30/2033
SQFT
10,513
Lease Rate:
$0/sqft/yr
Lease Type:
Gross
Documents:
Title
401 N. Michigan Ave. - Suite 1550 - Marketing Brochure.pdf
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Location
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