1509 S Michigan Ave Chicago, IL 60605
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Mixed-use building in Chicago's South Loop with redevelopment potential.
Property size:
4,500 SFLot size:
0.20 AcresProperty Features for 1509 S Michigan Ave
General Information
- Size
- 4,500 SF
- Lot size
- 0.20 Acres
Source:
Moodyscre
Listing Agency: CRE Advising Listing Agent: Steve Horvath
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
South Loop Mixed-Use Building
This mixed-use building, encompassing 25,000 square feet, is situated in Chicago’s South Loop neighborhood, accompanied by a 4,347 square foot adjacent parking lot. The property features six units, including two occupied ground-floor commercial spaces and four loft-style units suitable for residential or commercial use. One second-floor and one third-floor office/retail space are available for lease. The building includes an elevator and natural lighting. Zoned DX-7, the property offers redevelopment potential and value-add investment opportunities. It is suitable for investors, developers, or owner-users looking to expand their portfolio or reposition in a growing area.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Kelley K. O'connor ...
Physician
Sandy Zhang
Physician
Tyler Zeken
Physician
Eric Warner
Physician
Athletico Physical Therapy ...
Physician
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6235628
- Latitude
- 41.8616895
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FAQs
What type of property is this?
Mixed-use property - Mixed-use building in Chicago's South Loop with redevelopment potential.
Where is this mixed-use property located?
The property is located at 1509 S Michigan Ave Chicago, IL.
What are key features of this property?
This property features: - Rare 25,000 SF mixed-use building with a 4,347 SF adjacent parking lot in Chicago's South Loop.; - Zoned DX-7, offering significant redevelopment potential or value-add investment upside.; - Six total units: two occupied ground-floor commercial units and four expansive loft-style units.
