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Historic One-Story Retail Building
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2317 S Michigan Avenue, Chicago, IL 60616

One-story retail/showroom building with rear drive-in door and approximately 50’ frontage on S. Michigan Avenue.

Property Size8,250 SF
Days on Market122

Property Features for 2317 S Michigan Avenue

General Information

Standard status Active
Size 8,250 SF
Property subtype Retail

Additional Details

Drive-In Doors 1

Building Details

Stories 1
Listing Agency: NelsonHill Commercial Real Estate
Listed By: Michael D. Nelson, SIOR · License #IL 475116714
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 20 at 7:07PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NelsonHill Commercial Real Estate

Investment Insights

Based on property information with market context.

2317 S. Michigan Avenue is a one-story retail/showroom building totaling 8,250 SF. The property includes retail/showroom space with one drive-in door located at the rear of the building, along with approximately 50’ of frontage on S. Michigan Avenue.

The building is listed on the Historic Landmark registry and is located in The Historic Motor Row District. Public remarks note early-1900s design elements and identify the original use as the Schillo Motor Sales Co. Showroom, designed by architects Mundie & Jensen.

For buyers seeking a small-format, street-front retail/showroom asset with rear loading access, this property offers a straightforward footprint centered on its Michigan Avenue frontage and showroom-focused layout.

Key Highlights

  • One‑story retail/showroom building with 8,250 SF of retail space
  • Approximately 50’ of frontage on S. Michigan Avenue
  • Rear drive‑in door for vehicle access

Property Analytics

Current Use

2317 South Michigan ... Theater & Performing Art Venue

Suggested Use

Top Pick Building Supply Auto Parts Store HVAC Service Carpet & Flooring Store Garden Center Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Drive-in doors

Location Intelligence

Trade Area within ½ mile

3,275
Businesses Nearby
141k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 59% Hotels & Casinos 24% Shops & Services 17%
McDonald's Dining
37,263 visits/mo 0.4 miles
Marriott Marquis Chicago Hotels & Casinos
33,862 visits/mo 0.3 miles
White Castle Dining
23,545 visits/mo 0.3 miles
Pizanos Pizza Dining
13,973 visits/mo 0.3 miles
Chase Bank Shops & Services
11,972 visits/mo 0.5 miles

Demographics for 60616, IL

54,013
Population
26,912
Households
2
Avg Household Size
38
Median Age
53%
College-Educated
86%
High-School Grad
3.8 sq mi
ZIP Area
14,214
Density / Sq Mi
$77,841
Median Household Income
$53,415
Median Earnings
$1,329
Median Rent
$387,300
Median Home Value

Market

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
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Similar Off Market Nearby

  • Bingle Flooring Group 2300 S Michigan Ave, Chicago, IL 60616

Frequently Asked Questions

What type of property is this?
Showroom - One-story retail/showroom building with rear drive-in door and approximately 50’ frontage on S. Michigan Avenue.
Where is this showroom located?
The property is located at 2317 S Michigan Avenue Chicago, IL.
What are key features of this property?
This property features: One‑story retail/showroom building with 8,250 SF of retail space; Approximately 50’ of frontage on S. Michigan Avenue; Rear drive‑in door for vehicle access
More about this property
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