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320 S Michigan Avenue

Chicago, IL 60604
  • $2,800,000
  • STATUS: Active
  • ON SITE: 75 Days
  • MLS #: 11225134
UPDATED: 39 min ago
$2,800,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1880
County:
Area:

School Ratings & Info

Description

Rarely available ground floor retail space situated at the epicenter of downtown Chicago's nationally recognized Historic Michigan Boulevard District. The location spans 35 feet of sidewalk frontage literally steps from the world renowned Art Institute, Chicago Symphony Orchestra, Grant Park, Buckingham Fountain, and countless other Chicago landmarks. The opportunities to develop this raw space are endless, as is the foot traffic. This prized location at 330 S. Michigan Ave. draws both local, business, and tourist traffic thanks to its proximity to locally and nationally cherished landmark institutions, outdoor recreation, dining, shopping, hotels, McCormick Convention Center, and the Loop financial district. One or more premier tenants can fill the 10,000 square feet encompassing the street, basement, and mezzanine levels of the building, supplied by a private loading dock at the rear and a heating, cooling, and ventilation infrastructure capable of supporting multiple kitchens or other high traffic uses. Property conveys with 123,000 square feet of unused air rights and a deeded parking space in building parking garage.

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© 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Realty. Based on information submitted to the MRED as of 2021-12-06T13:01:19.277 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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320 S Michigan Avenue Chicago, IL 60604

  • Price: $2,800,000
  • Status: Active
  • On Site: 75 Days
  • Updated: 39 min ago
  • MLS #: 11225134
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1880
Built
Neighborhood:
Chi - Loop
County:
Cook
Area:
Chi - Loop
Property Description
Rarely available ground floor retail space situated at the epicenter of downtown Chicago's nationally recognized Historic Michigan Boulevard District. The location spans 35 feet of sidewalk frontage literally steps from the world renowned Art Institute, Chicago Symphony Orchestra, Grant Park, Buckingham Fountain, and countless other Chicago landmarks. The opportunities to develop this raw space are endless, as is the foot traffic. This prized location at 330 S. Michigan Ave. draws both local, business, and tourist traffic thanks to its proximity to locally and nationally cherished landmark institutions, outdoor recreation, dining, shopping, hotels, McCormick Convention Center, and the Loop financial district. One or more premier tenants can fill the 10,000 square feet encompassing the street, basement, and mezzanine levels of the building, supplied by a private loading dock at the rear and a heating, cooling, and ventilation infrastructure capable of supporting multiple kitchens or other high traffic uses. Property conveys with 123,000 square feet of unused air rights and a deeded parking space in building parking garage.
Exterior Features

Docks Drive-In Doors Exterior Building Type Brick/Stone Msn Pred Foundation Details Concrete Perimeter Frontage Type City Street Parking Total 1 Water Drainage Storm Sewers

Interior Features

Cooling Chillers Heat Ventilation Central Bldg Heat Miscellaneous Inside AtriumBasement

Property Features

Additional Parcels YN Yes Approximate Age Older Building Area Total 10353 Built Before1978 YN Yes Electric Circuit BreakersOver 600 Amps Fire Protection None Geographic Locale Downtown Chicago Gross Income 0 Gross Scheduled Income 0 Insurance Expense 0 Rental Price 0 Tax Annual Amount 61577.6 Tax Year 2020 Tenant Pays Other Total Monthly Income 00 Township South Chicago Type Mixed Use Zoning Other

Listing information © 2021 Midwest Real Estate Data LLC.
Listing provided courtesy of Pyne Properties, Llc.


© 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Realty. Based on information submitted to the MRED as of 2021-12-06T13:01:19.277 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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