1467 S Michigan Avenue Chicago, IL $ 3,500,000
1467 S Michigan Avenue
$ 3,500,000
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1467 S Michigan Avenue

Chicago, IL, 60605
$ 3,500,000
Bedrooms-- Baths-- Sq 20,000

Monthly Estimate*

$ 21,835

1467 S Michigan Avenue, Chicago, IL 60605 - Image 1
1467 S Michigan Avenue, Chicago, IL 60605 - Image 2
1467 S Michigan Avenue, Chicago, IL 60605 - Image 3
1467 S Michigan Avenue, Chicago, IL 60605 - Image 4
1467 S Michigan Avenue, Chicago, IL 60605 - Image 5

Commercial Property for sale in Chicago, IL

for $3,500,000. This 20,000 square foot building was built in 1898 on a lot size of 0.233494.

Own a piece of Michigan Avenue. 22,000 sqft Building plus (21X161) side lot. 63 Feet of frontage on Michigan Avenue. Excellent DX-7 zoning for ground up redevelopment or repositioning of the existing structure 10,171 sqft Land Site. Multiple Pins 17-22-108-016, 17-22-108-017, 17-22-108-018. 3rd Ward Alderman Pat Dowell

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Commercial Active

Price

$ 3,500,000

Property Type

Commercial

Taxes

$ 139,254

Style

Commercial

Lot Size

0.233494

Year Built

1898

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12424179

Features
General
Cooling None
Construction Materials Brick Concrete
Year Built 1898
Electric Service - 201 to 600 Amps Power - 120V
Stories Count 3
Property Subtype Mixed Use
Tax Year 2023
Current Use Commercial
Gross Income 0
County Cook
Insurance Expense 0
Property Type Commercial Sale Mixed Use
Status Active
Directions ROOSEVELT TO MICHIGAN SOUTH TO 1465 S. MICHIGAN
City Chicago
Number Of Units Total 0
MLS Area CHI - Near South Side
Lot Size Square Feet 10171
Tax Annual Amount 139254
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N Y
Standard Status Active
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Exterior
Building Area Total 20000
Lot Dimensions 161X63
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* Excluded Features
List By
Ascot Realty Group, Inc.

Broker

dascot@ascotrealty.com

Email

Affordability Calculator

$33,440
Per Month
65%
35%
0%
Monthly Principal & Interest
$21,835
Monthly Property Taxes
$11,605
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/18/2025$3,500,000 Listed Price

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1467 S Michigan Avenue, Chicago, IL, 60605 is a Commercial Property for sale at $3,500,000 with 20,000 sqft and a lot size of 0.233494. 1467 S Michigan Avenue was built in 1898. The property's zip code is 60605 which is in Chicago, IL