Commercial Land with Existing
For Sale
Contact for pricing
Pending
1463-69 S Michigan Avenue, Chicago, IL 60605
Redevelopment property with an existing multi-story structure, parking lot, DX-7 zoning, and access to major Chicago highways.
Property SizeContact for details
Days on Market144
Property Features for 1463-69 S Michigan Avenue
General Information
Standard status
Pending
Property subtype
Retail, Land
Listing Agency:
Frontline Real Estate Partners
(847) 542-9058
Listed By:
Matthew Tarshis · License #IL 481011744
Source:
Crexi
Added: Apr 10
Changed: Aug 30
Last Checked: Aug 30 at 4:38AM
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 Frontline Real Estate Partners
Investment Insights
Based on property information with market context.
This commercial land offering combines a 15,000-square-foot redevelopment site with an existing 21,467-square-foot, four-story building and an adjacent parking lot. The property is zoned DX-7, and the source information states that the designation allows vertical development.
The site occupies the east side of S. Michigan Avenue between East 14th Street and East 16th Street in Chicago’s South Loop. Regional access is available through I-90/94, I-290, I-55, and Lake Shore Drive. The surrounding area includes McCormick Place, Soldier Field, Shedd Aquarium, the Field Museum, the Planetarium, Grant Park, Burnham Harbor, Millennium Park, and the Loop. Nearby retail, dining, and entertainment uses include Baderbrau Brewery and the DePaul Arena.
The site occupies the east side of S. Michigan Avenue between East 14th Street and East 16th Street in Chicago’s South Loop. Regional access is available through I-90/94, I-290, I-55, and Lake Shore Drive. The surrounding area includes McCormick Place, Soldier Field, Shedd Aquarium, the Field Museum, the Planetarium, Grant Park, Burnham Harbor, Millennium Park, and the Loop. Nearby retail, dining, and entertainment uses include Baderbrau Brewery and the DePaul Arena.
Key Highlights
- 15,000 SF redevelopment site with a 21,467 SF existing building
- Four‑story building with an adjacent parking lot
- DX‑7 zoning allows vertical development
Property Analytics
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Redevelopment property with an existing multi-story structure, parking lot, DX-7 zoning, and access to major Chicago highways.
Where is this commercial land located?
The property is located at 1463-69 S Michigan Avenue Chicago, IL.
What are key features of this property?
This property features: 15,000 SF redevelopment site with a 21,467 SF existing building; Four‑story building with an adjacent parking lot; DX‑7 zoning allows vertical development
