Description

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.