63 views
2241-2245 S Michigan Ave
2241 S Michigan Ave, Chicago, IL 60616
Available Now
Undisclosed
63 views
1 / 2
FOR SALEOffice / Creative
NOI
$380,775
Building Size
20,000SF
Ceiling Height / Slab to Slab
10 Ft
APN
Multiple
Lot Size
0.37AC
Year Built
1917
Listing Contacts
More property details
Parking Info
23 Spaces (1.15 Spaces per 1,000 SF Leased)
Zoning
DX-5
Occupancy
100%
Tenancy
Multi Tenant
Currently Leased
No
Sale Type
Investment Sale
Typical Floor Size
6,490SF
Building FAR
1.24
Property Class
B
No of Buildings
1
No of Stories
3
Features & amenities
Unit Amenities
Natural Light
High Ceilings
Location Amenities
Commuter Rail
Airport
Metro/Subway
Location Amenities
Site Amenities
Property Manager on Site
Location
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2241-2245 S Michigan Ave
About the location
Formerly a Buick showroom on historic Motor Row, 2245 S Michigan is a three-story walk-up featuring abundant natural light from three sides, along with high ceilings and exposed brick that highlight its vintage charm. The property includes access to a nearby parking lot, which can be included in the sale. Situated in the South Loop, it is conveniently close to McCormick Place, Wintrust Arena, and the Marriott Marquis Hotel, and only two blocks from the Cermak Green Line L station. The building is being sold together with the neighboring parking lot at 2241 S Michigan."
Location highlights
- Fast-expanding neighborhood
- Features tall ceilings and exposed brick interiors
- Located within an Opportunity Zone
- Close to the 10,000-seat Wintrust Arena, which hosts men's and women's basketball, concerts, family events, business conferences, and more