Commercial Land With Existing
For Sale
$2,499,000
1467 S Michigan Avenue, Chicago, IL 60605
COMMERCIAL - Chicago, IL
Property SizeContact for details
Lot Size0.23 Acres
Days on Market240
Property Features for 1467 S Michigan Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
ROOSEVELT TO MICHIGAN, SOUTH TO 1465 S. MICHIGAN
Subdivision
CHI - Near South Side
Standard status
Active
APN
17221080160000
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
139254
Building Details
Year built
1898
Floors in Building
3
Building materials
Brick, Concrete
Listing Agency:
Ascot Realty Group, Inc.
(312) 849-3100
Listed By:
Denis Ascot · License #475118502
(312) 320-0808
Added: Dec 16, 2025
Changed: Aug 4
Last Checked: Aug 13 at 6:06AM
MLS# 12533721
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The offering combines a three-story brick and concrete building with an adjoining side lot. The property includes a 10,171-square-foot land site and 63 feet of frontage along Michigan Avenue. Construction dates to 1898, and the side lot measures 21 by 161 feet.
DX-7 zoning applies to the property, supporting consideration of redevelopment or repositioning of the existing improvements. The offering is located at 1467 S Michigan Avenue in Chicago and is identified under multiple PINs: 17-22-108-016, 17-22-108-017, and 17-22-108-018.
DX-7 zoning applies to the property, supporting consideration of redevelopment or repositioning of the existing improvements. The offering is located at 1467 S Michigan Avenue in Chicago and is identified under multiple PINs: 17-22-108-016, 17-22-108-017, and 17-22-108-018.
Key Highlights
- 10,171‑square‑foot land site
- 63 feet of frontage on Michigan Avenue
- Three‑story brick and concrete building
Property Analytics
Property Profile
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
Market
Vacancy Rate% for Office in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - The site carries DX-7 zoning and includes a 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: 10,171‑square‑foot land site; 63 feet of frontage on Michigan Avenue; Three‑story brick and concrete building
