Situated in one of Chicago’s most architecturally significant districts, The Gage Building offers a showcase location overlooking Millennium Park and the economic benefits associated with office ownership.
With a “Chicago School” facade designed by Louis Sullivan, The Gage Building, located at 18 S. Michigan Avenue, was constructed in the late 1880s and admitted to the National Register of Historic Places in 1985.
The building recently underwent a comprehensive interior and exterior restoration during its conversion into office condominiums.
All floors were completely updated during the renovation.
Now this architectural treasure boasts state-of-the-art plumbing, electrical and HVAC systems. Fire, life safety and elevator systems were also updated during the conversion.
Office owners enjoy the convenience of having The Gage and Henri Restaurants on premise.
The alternative to leasing office space never looked so good.
Buying an office condo makes sound economic sense for many businesses. Only by owning can you build equity in a significant asset with the potential for capital appreciation.
Owning an office condo also gives you the ability to control long-term occupancy costs and insulate yourself from the ever-rising costs of leasing. Nonprofit organizations may realize added benefits that can result in cost savings. With only one unit remaining available for ownership, this opportunity will not last.