1455 S Michigan Avenue, Chicago, IL, 60605

$6,900,000

About 1455 S Michigan Avenue

Baird and Warner is pleased to present a unique investment or owner-user opportunity in the heart of Chicago's vibrant South Loop corridor. Located on an 1/2 acre land site, this 22,500 SF office building offers a rare combination of immediate cash flow and significant future upside. The property currently houses a successful operating day care business generating over $2,000,000 in revenue, making it an ideal acquisition for a corporate headquarters or an owner-user looking to establish a flagship presence in a high-growth area. Furthermore, the property's current DX-7 zoning provides a versatile foundation for various strategic plays. Investors can choose to maintain the existing structure for long-term appreciation or capitalize on the site's potential for high-rise development, which promises a substantial return on investment. This offering represents a rare chance to acquire a significant footprint in one of Chicago's strongest corridors. Whether you are looking for a stable investment or a site with transformative development potential, this property is positioned for long-term value. Let's schedule a tour or contact me to receive additional information. Ownership will convey the business at no cost to consummate a sale.

Additional Information: This property is located in the CHI - Near South Side neighborhood, IL. This bedrooms office/tech property is priced at $6,900,000.

Facts & Features

MLS® # 12604128
Price $6,900,000
Bathrooms 0.00
Taxes $198,859
Year Built 1910
Type Commercial Sale
Sub-Type Office/Tech
Status Active

Community Information

Address 1455 S Michigan Avenue
Area CHI - Near South Side
City Chicago
County Cook
State IL
Zip Code 60605

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air
Fireplace No
Has Basement No

Exterior

Exterior Brick

Additional Information

Days on Market 137
Zoning OFFIC
Foreclosure No
Short Sale No
RE / Bank Owned No
Taxes $198,859

Listing Details

OfficeBaird & Warner

Listing Map

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