Development Land with Existing
1467 S Michigan Avenue Chicago, IL 60605
For Sale
$2,900,000
Development land offering a three-story building and a side lot, with 63 feet of frontage on Michigan Avenue.
Property Size20,000 SF
Lot Size0.31 Acres
Price / SF$145
Days on Market350
Property Features for 1467 S Michigan Avenue
General Information
Standard status
Active
Size
20,000 SF
Lot size
0.31 Acres
Property subtype
General Commercial
Building Details
Year Built
1898
Listing Agency:
Ascot Realty Group, Inc.
(312) 203-0049
Listed By:
Denis Ascot · License #471020943
(312) 203-0049
Source:
Xome
Added: Aug 14, 2025
Changed: Jul 21
Last Checked: Jul 29 at 3:57AM
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 Ascot Realty Group, Inc.
Investment Insights
Based on property information with market context.
This development land package includes an existing three-story building totaling approximately 22,000 square feet, along with an additional side lot measuring 21 by 161 feet. The property also provides 63 feet of frontage on Michigan Avenue, supporting redevelopment or repositioning opportunities tied to the site’s existing improvements.
The land site is listed at approximately 10,171 square feet and includes multiple parcel pins: 17-22-108-016, 17-22-108-017, and 17-22-108-018 (and additional related pins noted in the listing). The provided remarks reference DX-7 zoning as a key attribute for ground-up redevelopment or repositioning of the existing structure.
For sale as a consolidated assemblage, this site is positioned for parties evaluating redevelopment strategy around frontage and existing building scope.
The land site is listed at approximately 10,171 square feet and includes multiple parcel pins: 17-22-108-016, 17-22-108-017, and 17-22-108-018 (and additional related pins noted in the listing). The provided remarks reference DX-7 zoning as a key attribute for ground-up redevelopment or repositioning of the existing structure.
For sale as a consolidated assemblage, this site is positioned for parties evaluating redevelopment strategy around frontage and existing building scope.
Key Highlights
- 63 ft frontage on Michigan Avenue with a 10,171 sqft land site
- Three‑story 22,000 sqft building on the property
- Includes a (21x161) side lot
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Commercial land - Development land offering a three-story building and a side lot, with 63 feet of frontage on Michigan Avenue.
Where is this commercial land located?
The property is located at 1467 S Michigan Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: 63 ft frontage on Michigan Avenue with a 10,171 sqft land site; Three‑story 22,000 sqft building on the property; Includes a (21x161) side lot
