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1455 S Michigan Avenue Chicago, IL 60605

$7,500,000
Active / MLS# 12604128 / Commercial - Office / Chicago
0 Beds
22500 SqFt

Baird and Warner is pleased to present a unique investment or owner-user opportunity in the heart of Chicago's vibrant South Loop corridor. Located on an 1/2 acre land site, this 22,500 SF office building offers a rare combination of immediate cash flow and significant future upside. The property currently houses a successful operating business generating over $2,000,000 in revenue, making it an ideal acquisition for a corporate headquarters or an owner-user looking to establish a flagship presence in a high-growth area. Furthermore, the property's current DX-7 zoning provides a versatile foundation for various strategic plays. Investors can choose to maintain the existing structure for long-term appreciation or capitalize on the site's potential for high-rise development, which promises a substantial return on investment. This offering represents a rare chance to acquire a significant footprint in one of Chicago's strongest corridors. Whether you are looking for a stable investment or a site with transformative development potential, this property is positioned for long-term value. Please let me know if you would like to schedule a tour or receive additional information.

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Baird & Warner Vanessa Peterson Email

Property Details

Property Type: Commercial - Office
Cooling: Central Air
Lot Size: 0.50 Acres
Stories: 2.0
Year Built: 1910

Feature Descriptions

Electric: Service - 201 to 600 Amps
Exterior: Brick
Fire Protection: Alarm Monitored, Alarm On Site, Fire Extinguisher/s, Stand Pipe, ESFR Sprinkler, Carbon Monoxide Detector(s)
HVAC: Central Bldg Heat
Lot Dimensions: 136x 161
Parcel#: 17221080120000

Location

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