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2210-2216 S Michigan Ave

2210 S Michigan Ave, Chicago, IL 60616
Available Now
Undisclosed
84 views
FOR SALEMixed Use / Restaurant + Retail + Office
NOI
$477,168
Building Size
25,585SF
Lot Size
0.43AC
Year Built
1898
Year Renovated
2005
Zoning
DS-5
Listing Contacts
Chief Executive Officer

More property details

APN
17-27-101-030-0000
Occupancy
60%
Tenancy
Multi Tenant
Currently Leased
No
Investment
Owner User
Sale Type
Investment Sale
Building FAR
1.37
Property Class
C
No of Buildings
1
No of Stories
2

Features & amenities

Location Amenities
Restaurants
Airport
Bus Lines
Commuter Rail
Metro/Subway
Location Amenities

Location

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2210-2216 S Michigan Ave
About the location

The building is fully leased and situated in the South Chicago submarket, right next to the fast-growing South Loop area. It's also located in an Opportunity Zone, a government-designated area that offers tax deferral benefits for investors. Positioned at the southwest corner of East Cermak Road and South Michigan Avenue, the property benefits from high visibility with over 20,850 vehicles passing daily. It is close to McCormick Place, which draws nearly 3 million visitors each year, and the 10,000-seat Wintrust Arena, host to sports, concerts, and events. Additionally, it’s near the new 1,200-room Marriott Hotel, featuring 93,000 square feet of event space, including two large ballrooms. The location is within walking distance of the CTA “L” station (Red, Orange, and Green Lines) and offers easy access to major highways like I-90/94, I-55, and Lake Shore Drive.

2210-2216 S Michigan Ave
25,585 SF · mixed-use · United States · IL