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Commercial Land
New
For Sale
$3,200,000

1935 S Michigan Ave, Chicago, IL 60616

Development land is located on South Michigan Avenue in Chicago.

Property SizeContact for details
Days on Market3

Property Features for 1935 S Michigan Ave

General Information

Standard status Active
Property subtype Commercial

Site & Location

Neighborhood South Loop

Amenities

Irreplaceable South Loop Infill Development Opportunity
DX-5 Zoning | Significant Development Flexibility
Compelling Multifamily Development Fundamentals
Prominent Michigan Avenue Corner Locations
Affluent, Dense & Renter-Oriented Demographic Base
Listing Agency: Marcus & Millichap - Chicago Oak Brook
Listed By: Dominic Sulo · License #License(s): IL: 475.134920
Source: Marcusmillichap
Added: Oct 30 Last Checked: Oct 30 at 2:26PM

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 Marcus & Millichap - Chicago Oak Brook

Rey
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Investment Insights

Based on property information with market context.

The offering is commercial land at 1935 S Michigan Ave in Chicago, Illinois. The property information identifies it as a development opportunity.

Property Analytics

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

Suggested Use

Top Pick Grocery & Convenience Store Barber Shop Carpet & Flooring Store (Bike/Boat/Book/etc) Store Law Firm Pet Grooming Service

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

3,534
Businesses Nearby

Demographics for 60616, IL

54,013
Population
26,912
Households
2
Avg Household Size
38
Median Age
53%
College-Educated
86%
High-School Grad
3.8 sq mi
ZIP Area
14,214
Density / Sq Mi
$77,841
Median Household Income
$53,415
Median Earnings
$1,329
Median Rent
$387,300
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 - Development land is located on South Michigan Avenue in Chicago.
Where is this commercial land located?
The property is located at 1935 S Michigan Ave Chicago, IL.
What is the asking price?
The asking price for this property is $3,200,000.
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Includes: Price & PSF · Cap rate · Location · Zoning

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