1316 S Michigan Ave - Commercial LAND FOR SALE


Chicago, IL 60605- South Loop10,454 SF
$4,800,000 USD
1316 S Michigan Ave, Chicago, IL for Sale
$4,800,000 USD
Commercial LAND - FOR SALE
1/12
10,454 SF

1316 S Michigan Ave
Chicago, IL 60605
South Loop


HIGHLIGHTS

  • Great South Loop Location
  • 30 Parking Spaces
  • Single Tenant Space

OVERVIEW

+Total Footprint/Land Size: ±10,800 SF + Building: +/- 2,000 SF, SingleStory Retail Building + Price: $4,850,000 + Current Use: Income-producing paved parking lot and single tenant retail building. + Tenants: Hotel BnB occupies the entire 2,000 SF building and pays a Basic Rent of $7,120 per month. Tenant also pays utilities, insurance, and a portion of the real estate taxes. + Parcel Number: 17-22-104-019 + Taxes: $72,822.89 + Zoned: DX-7 Downtown Mixed-Use District

FOR SALE DETAILS

PRICE

$4,800,000 USD

PRICE/ACRE

$20,000,765/AC

PRICE/SF

$459 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial

LAND ACRES

0.24 AC

LAND SF

10,454 SF

OFFSITE IMPROVEMENTS

-

ZONING

DX-7

APN/PARCEL ID

17-22-104-019-0000

ASK ABOUT THIS PROPERTY

Tony HardyMidwest Investment AdvisorsMore Info

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Tony HardyMidwest Investment AdvisorsMore Info

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