Michigan Avenue Commercial
For Sale
$2,499,000
1467 S Michigan Avenue, Chicago, IL 60605
Commercial Sale, Chicago, IL
Property SizeContact for details
Lot Size0.23 Acres
Days on Market272
Property Features for 1467 S Michigan Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
ROOSEVELT TO MICHIGAN, SOUTH TO 1465 S. MICHIGAN
Subdivision
CHI - Near South Side
Standard status
Active
APN
17221080160000
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
139254
Building Details
Year built
1898
Floors in Building
3
Building materials
Brick, Concrete
Listing Agency:
Ascot Realty Group, Inc.
(312) 849-3100
Listed By:
Denis Ascot · License #471020943
(312) 320-0808
Added: Dec 16, 2025
Changed: Aug 20
Last Checked: Sep 14 at 3:06AM
MLS# 12533721
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial land offering includes a three-story brick and concrete building totaling 22,000 square feet, together with an adjoining side lot measuring 21 by 161 feet. The property was built in 1898 and provides 63 feet of frontage along Michigan Avenue. The 10,171-square-foot land site carries DX-7 zoning, supporting evaluation of redevelopment or changes to the existing improvements.
The property is located at 1467 S Michigan Avenue in Chicago’s 60605 ZIP Code. The offering comprises multiple PINs: 17-22-108-016, 17-22-108-017, and 17-22-108-018. The combination of an existing structure, supplemental land, frontage, and urban commercial zoning defines the available physical and land-use profile.
The property is located at 1467 S Michigan Avenue in Chicago’s 60605 ZIP Code. The offering comprises multiple PINs: 17-22-108-016, 17-22-108-017, and 17-22-108-018. The combination of an existing structure, supplemental land, frontage, and urban commercial zoning defines the available physical and land-use profile.
Key Highlights
- 22,000‑square‑foot, three‑story building on the property
- 21 by 161‑foot adjoining side lot
- 63 feet of frontage on Michigan Avenue
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
4,044
Businesses Nearby
129k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 75%
Shops & Services 18%
Dining 8%
Mariano's
Groceries
50,480 visits/mo
0.4 miles
Jewel-Osco
Groceries
46,012 visits/mo
0.3 miles
Chase Bank
Shops & Services
11,972 visits/mo
0.5 miles
Dunkin' Donuts
Dining
7,724 visits/mo
0.1 miles
PNC Bank
Shops & Services
5,127 visits/mo
0.4 miles
Demographics for 60605, IL
34,071
Population
20,478
Households
1.7
Avg Household Size
34
Median Age
82%
College-Educated
96%
High-School Grad
1.4 sq mi
ZIP Area
24,336
Density / Sq Mi
$118,403
Median Household Income
$82,091
Median Earnings
$2,402
Median Rent
$495,900
Median Home Value
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Market
Vacancy Rate% for Retail in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Commercial land - DX-7-zoned commercial land includes an existing three-story structure and an adjoining side lot.
Where is this commercial land located?
The property is located at 1467 S Michigan Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $2,499,000.
What are key features of this property?
This property features: 22,000‑square‑foot, three‑story building on the property; 21 by 161‑foot adjoining side lot; 63 feet of frontage on Michigan Avenue
