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 Market424
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: Jul 18, 2025
Changed: Aug 20
Last Checked: Sep 14 at 3:06AM
MLS# 12424179
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 22,000-square-foot building constructed in 1898, along with a 21-by-161-foot side lot. The 10,171-square-foot land site totals 0.2335 acres and includes existing brick and concrete improvements.
The property fronts Michigan Avenue in Chicago with 63 feet of frontage. DX-7 zoning is identified for ground-up redevelopment or repositioning of the existing structure. The assemblage includes multiple PINs: 17-22-108-016, 17-22-108-017, and 17-22-108-018.
The property fronts Michigan Avenue in Chicago with 63 feet of frontage. DX-7 zoning is identified for ground-up redevelopment or repositioning of the existing structure. The assemblage includes multiple PINs: 17-22-108-016, 17-22-108-017, and 17-22-108-018.
Key Highlights
- 22,000‑square‑foot building constructed in 1898
- 10,171‑square‑foot land site totaling 0.2335 acres
- 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
Explore this area
Business Placement
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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Frequently Asked Questions
What type of property is this?
Commercial land - DX-7 zoning supports redevelopment or repositioning of the existing brick-and-concrete improvements.
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 building constructed in 1898; 10,171‑square‑foot land site totaling 0.2335 acres; 63 feet of frontage on Michigan Avenue
