1507 S Michigan Avenue Active Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60605
Key Details
Property Type Other Types
Sub Type Office/Tech
Listing Status Active
Purchase Type For Sale
Square Footage 16,405 sqft
Price per Sqft $396
MLS Listing ID 11043311
Year Built 1903
Annual Tax Amount $63,909
Tax Year 2019
Lot Dimensions 16405
Property Sub-Type Office/Tech
Property Description
We are pleased to present 1507 S Michigan. Originally built in 1903, this building has an excellent unit mix consisting of 6 units that are each $4,500 SQ FT. Chicago's South Loop, a colorful 74-square-block neighborhood that is home to iconic Chicago museums, lakefront parks and popular South Loop event venues, including gourmet restaurants and luxury hotels. South Loop venues are within close proximity to downtown Chicago and features fantastic public transportation options, including access to all four Chicago Transit Authority (CTA) rail lines. The neighborhood is located only eight miles from Midway International Airport and 20 miles from O'Hare International Airport. The Loop, along with the rest of downtown Chicago, is the second largest commercial business district in the United States, after New York City's Midtown Manhattan. The Dearborn Station is the oldest train station still standing in Chicago, which is currently retail and office space. Former warehouses and factory lofts have now been converted to residential buildings. Meanwhile, land vacancies have experienced new townhomes and high-rises developments. South Loop appears to be a magnificent treasure hunt full of views of Lake Michigan. Between the Show Place ICON theater to the Alder Planetarium. There are miles upon miles of family fun and five-star dining restaurants. More than a dozen restaurants and attractions within a five minute walk. Including The Chicago Firehouse Restaurant, AO Hawaiian, Harbor, Victory Tap, Also located in the South Loop is the new hotel and arena at McCormick Place. Please contact Listing agent for Financials and offering memorandum.
Location
State IL
County Cook
Area Chi - Near South Side
Interior
Heating Forced Air
Cooling Central Air
Exterior
View Y/N true
Building
Dwelling Type Office/Tech
Story 3
Architectural Style Office/Tech
Others
Tax ID 17281080230000