Two ready to go retail/commercial spaces in Chicago's South Loop at the corner of Michigan Ave & 9th St at the base of a 20-story, 262-unit luxury residential condominium building. Directly across the street from Grant Park, these second-generation spaces are fully equipped with two ADA compliant bathrooms, lighting, electrical & HVAC distribution. The larger 2700 SF space has salon/spa infrastructure with over 50 ft of frontage on Michigan Ave and an enormous sidewalk area for outdoor seating for potential cafe uses. There is also an approx. 1450 SF space fronting 9th St that is mostly open space that would be perfect for service retail or office uses. Owned by the Michigan Ave Lofts Condo Association, tenants benefit from a low rent without any responsibility for real estate taxes or CAM. Listed at $27 & $32/sf Gross.
Chicago's South Loop neighborhood is one of the most popular and sought-after areas of the city by both residents, retailers, and businesses. Located only a few blocks from the Loop CBD and across from Grant Park, this bustling neighborhood has had tremendous residential, retail, and commercial development over the past decades and remains one of Chicago's most convenient and high-profile neighborhoods.