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DX-7 Commercial Land
New
For Sale
$2,499,000

1467 S Michigan Avenue, Chicago, IL 60605

DX-7 zoning supports redevelopment or repositioning of the existing three-story structure.

Property Size20,000 SF
Price / SF$124.95
Days on Market2

Property Features for 1467 S Michigan Avenue

General Information

Standard status Active
Size 20,000 SF
Property subtype Instut/To Develop

Site & Location

Neighborhood South Loop

Taxes and HOA fees

Annual Taxes $139,254

Amenities

161X63
20000

Building Details

Building Size 20,000 SF
Year Built 1898
Stories 3
Listing Agency:
Listed By: Thomas Quigley
Source: Michanarealestatesolutions
Added: Oct 29 Last Checked: Oct 29 at 2:35PM

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 Thomas Quigley

Rey
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Investment Insights

Based on property information with market context.

This commercial land offering includes an existing three-story building, constructed in 1898, and a side lot. The DX-7 zoning supports ground-up redevelopment or repositioning of the current structure.

The property has 63 feet of frontage on S Michigan Avenue in Chicago.

Key Highlights

  • DX‑7 zoning supports ground‑up redevelopment or repositioning of the existing structure
  • 63 feet of frontage on S Michigan Avenue
  • Existing three‑story building constructed in 1898

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Florist HVAC Service Furniture & Home Goods Tanning Salon

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

Location Intelligence

Trade Area within ½ mile

4,044
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Frequently Asked Questions

What type of property is this?
Commercial land - DX-7 zoning supports redevelopment or repositioning of the existing three-story structure.
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 $2,499,000.
What are key features of this property?
This property features: DX‑7 zoning supports ground‑up redevelopment or repositioning of the existing structure; 63 feet of frontage on S Michigan Avenue; Existing three‑story building constructed in 1898
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