2215 S Michigan Ave - Office/Residential FOR SALE


Chicago, IL 60616- South Loop
$2,990,000 USD
773-879-0713
2215 S Michigan Ave, Chicago, IL for Sale
$2,990,000 USD
Office/Residential - FOR SALE
1/22
null | Request Cap Rate

2215 S Michigan Ave
Chicago, IL 60616
South Loop


OVERVIEW

Located in Chicago's Historic Motor Row District, this 4-story building with a new elevator is designated for retail/office use only under Sub Area C of Planned Development 1153. Known for its striking early 20th-century architecture and restored facades, Motor Row offers a vibrant, walkable environment in the South Loop, just minutes from McCormick Place, the Museum Campus, Grant Park, Millennium Park, and Chinatown. The property benefits from excellent connectivity, with direct access to I-55, Lake Shore Drive, and nearby CTA Green and Red Line stations at Cermak. Located within a TIF district and the Motor Row Historic District, the site holds future development potential, possibly rezoning to DX or DR for mixed-use projects.

FOR SALE DETAILS

PRICE

$2,990,000 USD

PRICE/SF

$93 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Motor Row Historic District For Sale

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1915

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

DS-5

APN/PARCEL ID

17-27-102-002-0000

ASK ABOUT THIS PROPERTY

Tuyen Nguyen, CCIMChicago Real Estate Resources, IncMore Info
773-879-0713

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Tuyen Nguyen, CCIMChicago Real Estate Resources, IncMore Info
773-879-0713

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.