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    2101 S Michigan Ave Chicago, IL 60616

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    For Lease
    Contact for pricing

    2,100 SF retail space, formerly a daycare center.

    Property size:
    2,308 SF
    Lot size:
    1.10 Acres

    Property Features for 2101 S Michigan Ave

    General Information

    Size
    2,308 SF
    Lot size
    1.10 Acres

    Source: Metro Commercial Real Estate - Corporate Agent Chelsea Henderson

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

    Overview

    Retail Space Former Daycare

    This 2,100 square-foot retail space, formerly a daycare center, features floor-to-ceiling retail windows. On-site garage parking is available, with 400 retail parking spaces. The property is situated within a half-mile radius of over 2,189,000 square feet of office space and over 3,000 hotel rooms.
    Location Intelligence

    Current Use by Public Records

    2101 South Michigan ... Apartment Building 2101 S Michigan ... Parking Garage SP+ Parking Parking Garage

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6211544
    Latitude
    41.8546599

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    FAQs

    What type of property is this?
    Retail space - 2,100 SF retail space, formerly a daycare center.
    Where is this retail space located?
    The property is located at 2101 S Michigan Ave Chicago, IL.
    What are key features of this property?
    This property features: - High-density location: Over 2,189,000 SF of office space within a 1/2 mile radius.; - Ample parking: On-site garage parking plus 400 retail parking spaces.; - High-visibility retail space with floor-to-ceiling retail windows.
    (847) 337-5287
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    2101 S Michigan Ave Chicago, IL 60616
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    Chicago, IL 60616
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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
    2101 S Michigan Ave Chicago, IL 60616
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