1449 S Michigan Avenue Chicago, IL 60605

$1,595,000
1449 S Michigan Avenue, Chicago, IL 60605
09917506

Commercial Property for sale in Chicago, IL

for $1,595,000. This 7,841 square foot building was built on a lot size of 161X25.

Property Information

  • $1,595,000
  • Commercial
  • 7,841 Square Feet
  • Taxes are $10,521
  • Retail
  • Active
  • 2 Floors
  • Lot size of 161X25
  • Chicago, IL
  • Near South Side Neighborhood
  • Cook County
  • MLS/Web ID is 09917506

Description

Located in the South Loop, the property finds itself surrounded in a retail hot-spot with exposure to a bevy of shops and restaurants. 7, 841 square feet available for sale along South Michigan Avenue just a few blocks from the Loop. Stationed just a few blocks from CTA Roosevelt Station (Green, Orange & Red lines), and only a minute drive from Lake Shore Drive. Perfect for retail, medical, office or restaurant users, the two tiered design could give your idea added style. Both units are raw and allow for flexible interior designs. Neighboring retailers include the Field Museum/Museum Campus, Starbucks, Walgreens, Mariano's, Jewel-Osco, Trader Joe's, UFC Gym, Dunkin' Donuts, Jimmy John's and many more.

Interior 3

Appliances

  • Fire Alarm

Cooling System

  • Central Air

Heating System

  • Central Heat

Rental 1

Tenant Pays

  • Other Expenses

† Excluded Feature

Listed By

Broker: WINDY CITY RE LLC

1449 S Michigan Avenue, Chicago, IL, 60605 is a Commercial Property for sale at $1,595,000 with 7,841 sqft and a lot size of 161X25. The property's zip code is 60605 which is in Chicago, IL

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Pricing History

Date Price Price Change Description
7/19/2018 $1,595,000 -3.33 % Price Change
7/19/2018 $1,650,000 Price Change
4/16/2018 $1,650,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Chicago $556,285 65 % below $349,000 78 % below
Commerical listings in Chicago $719,118 55 % below $399,900 75 % below

Get the facts about Chicago, IL!

Population 2,758,555
Population Growth (since 2000) -4 %
Median Income $49,562
Median Age 34.83
Households w/ Children 25 %

Residential Dwellings

  • Owned 491166
  • Vacant 139733
  • Rented 585273

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