2420-2422 S Michigan Ave - Office FOR SALE


Chicago, IL 60616- South Loop
$1,999,050 USD
312-909-4144
2420-2422 S Michigan Ave, Chicago, IL for Sale
$1,999,050 USD
Office - FOR SALE
1/11
null | Request Cap Rate

2420-2422 S Michigan Ave
Chicago, IL 60616
South Loop


HIGHLIGHTS

  • 20 minutes to Midway Airport , 35 minutes to O’Hare International Airport.
  • Close to nearby public transportation.
  • Rear dock with 8 ft door and convenience rear 2 car outdoor parking.

OVERVIEW

2420-22 S Michigan is a historically important Landmarked building in Chicago, IL. It is in Motor Row, a designated historical area by the City of Chicago and it is federally listed in the National Register of Historical Places. This masonry building was originally a Pearce Arrow Car Showroom built around in 1915. A 2 story, double lot, CORNER building zoned DS-5 can support retail, residential, commercial, industrial, office and public venues. Build up to 5 stories. This building is easily viewed from the Stevenson Expressway (I55) and Michigan Avenue. McCormick Place Convention Center is 1 block away. There is great transportation by CTA, the red line and green lines, Metra trains, and is close to downtown Chicago, The Central Business District, The Theatre District, The Loop, restaurants, hotels, Grant park, Millennium Park, 35th Street Beach, The Art Institute, and Museum Campus.

FOR SALE DETAILS

PRICE

$1,999,050 USD

PRICE/SF

$112 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1909

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

DS-5

APN/PARCEL ID

17-27-116-023-0000

ASK ABOUT THIS PROPERTY

Merilyn RutzkyMerilyn RutzkyMore Info
312-909-4144

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Merilyn RutzkyMerilyn RutzkyMore Info
312-909-4144

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