1467 S Michigan Avenue Chicago, IL ^$ 2,900,000

1467 S Michigan Avenue

^$ 2,900,000

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Recently Listed

1467 S Michigan Avenue

Chicago, IL, 60605

^$ 2,900,000

Bedrooms-- Baths-- Sq 20,000

Monthly Estimate*

^$ 18,092

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 $2,900,000. This 20,000 square foot building was built in 1898 on a lot size of 0.233494.

Own a piece of Michigan Avenue. Three Story 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

Commercial Active

Price

^$ 2,900,000

Property Type

Commercial

Taxes

^$ 139,254

Style

Commercial

Lot Size

0.233494

Year Built

1898

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12533721

Features

General

Cooling None

Construction Materials Brick Concrete

Year Built 1898

Electric Service - 201 to 600 Amps Power - 120V

Stories Count 3

Tax Year 2023

Current Use Commercial

County Cook

Net Operating Income 0

Operating Expense 0

Property Type Commercial Sale Instut/To Develop

Status New

Directions ROOSEVELT TO MICHIGAN SOUTH TO 1465 S. MICHIGAN

City Chicago

MLS Area CHI - Near South Side

Lot Size Square Feet 10171

Tax Annual Amount 139254

Additional Parcels Y/N Y

Standard Status Active

Exterior

Building Area Total 20000

Lot Dimensions 161X63

* Excluded Features

List By

Ascot Realty Group, Inc.

Broker

dascot@ascotrealty.com

Affordability Calculator

$29,697

Per Month

Monthly Principal & Interest: $18,092
Monthly Property Taxes: $11,605
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$1,046,774

Percent of Sale Price 64%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/16/2025	$2,900,000		Listed Price

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1467 S Michigan Avenue, Chicago, IL, 60605 is a Commercial Property for sale at $2,900,000 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

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 12/17/2025.

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1467 S Michigan Avenue

Commercial Property for sale in Chicago, IL

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