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    326 N Michigan Ave Chicago, IL 60601

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    For Lease
    $25 SF/Yr ($7,731 /Mo)

    Equipped boxing gym with locker rooms, signage available.

    Property size:
    3,711 SF
    Lot size:
    0.11 Acres

    Property Features for 326 N Michigan Ave

    General Information

    Size
    3,711 SF
    Lot size
    0.11 Acres

    Source: Willard Jones Real Estate Agent Jonathan Zimmerman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Move-in Ready Boxing Gym Space

    This 3,711 square foot property is a move-in ready boxing gym, making it ideal for a fitness user. It includes locker rooms and exterior signage is available. The property is available with 90 days' notice.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Egg Tuck Breakfast Restaurant ATI Physical Therapy Physical Therapy Clinic Bari Ardell Physical Therapist

    Suggested Use

    Realty agency Spa & Massage Restaurant Dental Office Hair Salon Nail Salon Building Supply Daycare Center Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    190 Athletic Club, Tone, LifeStart – The Franklin Center 65-980, LifeStart National Headquarters, Soldier Field

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6249723
    Latitude
    41.8875688

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    FAQs

    What type of property is this?
    Fitness center & gym - Equipped boxing gym with locker rooms, signage available.
    Where is this fitness center & gym located?
    The property is located at 326 N Michigan Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: - Move-in ready boxing gym, ready for your clients.; - Ideal for a fitness user looking to expand or start a new venture.; - Locker rooms included for convenience.
    (312) 263-8787
    Request Owner's contact information
    326 N Michigan Ave Chicago, IL 60601
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    Chicago, IL 60601
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    326 N Michigan Ave Chicago, IL 60601
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