Baird and Warner is pleased to present a unique investment or owner-user opportunity in the heart of Chicago's vibrant South Loop corridor. Located on an 1/2 acre land site, this 22,500 SF office building offers a rare combination of immediate cash flow and significant future upside. The property currently houses a successful operating business generating over $2,000,000 in revenue, making it an ideal acquisition for a corporate headquarters or an owner-user looking to establish a flagship presence in a high-growth area. Furthermore, the property's current DX-7 zoning provides a versatile foundation for various strategic plays. Investors can choose to maintain the existing structure for long-term appreciation or capitalize on the site's potential for high-rise development, which promises a substantial return on investment. This offering represents a rare chance to acquire a significant footprint in one of Chicago's strongest corridors. Whether you are looking for a stable investment or a site with transformative development potential, this property is positioned for long-term value. Please let me know if you would like to schedule a tour or receive additional information.
Listed By
Agency Name: Baird & Warner
Agency Phone: 708-460-1400
Shown By
Agent Name: Linda Dunn
Agent Phone: (815) 397-4040
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
1455 S Michigan Avenue | MLS# 12604128
This commercial property located at 1455 S Michigan Avenue, Chicago, IL 60605 is currently listed for sale with an asking price of $7,888,000. Search Chicago real estate on lindadunn.bhhscrosby.com today.