1455 S Michigan Avenue, Chicago, IL

$7,888,000

Overview

  • 105222
  • Property ID
  • Updated On:
  • April 3, 2026

Description

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.

Climate Control
Air Conditioning
Other Features
Brick
Central Air
Has Additional Parcels
Service - 201 to 600 Amps

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

yelp logo

$40,443.34
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 30,583.34

Similar Listings

For Sale

110 S Lombard Street, Mahomet, IL

$449,000
Currently utilized as office space, this property offers incredible potential to be transf ...
For Sale

2240 S California Avenue, Chicago, IL

$499,000
Great investment opportunity in Chicago. Fully occupied 6-unit multifamily building featur ...
Information for the property at 1455 S Michigan Avenue, Chicago, IL, 60605 (Property ID: 105222) is deemed reliable but not guaranteed. Property details, pricing, and availability are subject to change without notice. Buyers should independently verify all information before making any real estate decisions.

Compare Listings

Sunita Kakarlapudi