Chicago, IL 60605,1507 S Michigan Avenue
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$6,500,000
Est. payment /mo
16,405 SqFt
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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


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Midwest Real Estate Data (MRED)
Listed by Keller Williams ONEChicago

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1507 S Michigan Avenue

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agent

Roz Dupiton

Broker | License ID: 475.163956

+1(312) 857-4769

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