1467 S Michigan Avenue Chicago, IL 60605

Building Details

Year built

1898

Floors in Building

3

Building materials

Brick, Concrete

Listing agent Denis Ascot License #471020943 Show Phone

Listing office Ascot Realty Group, Inc. i***@ascotrealty.com 566 W. Lake, Ste. 101, Chicago, IL Show Phone

Listing date Jul 18, 2025

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MLS# 12424179

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Investment Insights

Based on property information with market context.

This commercial property offers an opportunity to own a piece of Michigan Avenue. It includes a 22,000 square foot building along with a side lot measuring 21 feet by 161 feet. The property features 63 feet of frontage on Michigan Avenue and is located on a 10,171 square foot land site, approximately 0.2335 acres. It benefits from DX-7 zoning, making it suitable for ground-up redevelopment or repositioning of the existing structure. The property consists of multiple pins: 17-22-108-016, 17-22-108-017, and 17-22-108-018.

Key Highlights

• Prime Michigan Avenue location with 63 feet of frontage.
• Large 22,000 sqft building with redevelopment potential.
• Valuable DX‑7 zoning allows for ground‑up redevelopment.

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FAQs

What type of property is this?

Commercial land - Prime commercial land for redevelopment 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 $2,499,000.

What are key features of this property?

This property features: Prime Michigan Avenue location with **63 feet of frontage.**; Large 22,000 sqft building with redevelopment potential.; Valuable DX‑7 zoning allows for ground‑up redevelopment.