320 South Michigan Avenue, Chicago, 60604

$2,800,000 - Mixed Use For Sale


MLS® #: 11225134
Active, 24 Days on Website

Rarely available ground floor retail space situated at the epicenter of downtown Chicago's nationally recognized Historic Michigan Boulevard District. The location spans 35 feet of sidewalk frontage literally steps from the world renowned Art Institute, Chicago Symphony Orchestra, Grant Park, Buckingham Fountain, and countless other Chicago landmarks. The opportunities to develop this raw space are endless, as is the foot traffic. This prized location at 330 S. Michigan Ave. draws both local, business, and tourist traffic thanks to its proximity to locally and nationally cherished landmark institutions, outdoor recreation, dining, shopping, hotels, McCormick Convention Center, and the Loop financial district. One or more premier tenants can fill the 10,000 square feet encompassing the street, basement, and mezzanine levels of the building, supplied by a private loading dock at the rear and a heating, cooling, and ventilation infrastructure capable of supporting multiple kitchens or other high traffic uses. Property conveys with 123,000 square feet of unused air rights and a deeded parking space in building parking garage.

Additional Information: This property is located in the CHI - Loop neighborhood, IL. This bedrooms mixed use property is priced at $2,800,000.

Price & Status History

Date Details
Status Changed from New to Active

Essential Information

MLS® #: 11225134
Price: $2,800,000
Taxes: $30,545
Acres: 0.00
Year Built: 1880
Type: Commercial Sale
Sub-Type: Mixed Use
Status: Active

Community Information

Address: 320 South Michigan Avenue
Area: CHI - Loop
City: Chicago
County: Cook
State: IL
Zip Code: 60604


Parking Spaces: 1


Exterior: Brick/Stone Msn Pred
Foundation: Concrete Perimeter

Additional Information

Zoning: OTHER

Listing Details

Listing Office: Pyne Properties, LLC

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Listing information last updated on October 15th, 2021 at 9:52pm CDT.