South Loop Mixed-Use
For Sale
Contact for pricing
2210 S Michigan Ave, Chicago, IL 60616
Retail and office building in a rapidly growing community.
Property Size22,737 SF
Days on Market2347
Property Features for 2210 S Michigan Ave
General Information
Standard status
Active
Size
22,737 SF
Property subtype
Mixed Use, Office, Retail
Occupancy
100%
Lease Type
Modified Gross
Net Operating Income
$479,168
Building Details
Year Renovated
2019
Buildings
1
Stories
2
Units
6
Tenancy
Multi
Listing Agency:
Windy City RE LLC
(747) 271-1834
Listed By:
Milan Rubenstein · License #IL 01324137
Source:
Crexi
Added: Mar 19, 2020
Changed: Aug 9
Last Checked: Aug 20 at 1:08PM
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 Windy City RE LLC
Investment Insights
Based on property information with market context.
The property at 2210-16 S Michigan is a 23,048 square foot mixed-use building featuring both retail and office spaces. The first floor includes three retail bays, all of which are currently leased and occupied by operating businesses, including a restaurant, an upscale shoes and clothing store, and a pizzeria. The second floor contains three office bays, which are also fully occupied. The building is situated in the South Loop, near McCormick Place, Wintrust Arena, and the Marriott Marquis Hotel, and is located two blocks from the Cermak Green Line L Station. An expansion project is underway to develop McCormick Square, which will include new nightlife, hotels, and retail attractions. The property benefits from its location in a rapidly growing community, close to the central business district, parks, cultural attractions, and schools. Recent developments in the area include eight high-rise apartment buildings, two hotel expansions, office buildings, and DePaul's Wintrust Arena. The property's eastern edge is near the Museum Campus, which includes the Field Museum, Adler Planetarium, and Shedd Aquarium, as well as lakefront parklands that are an extension of Grant Park. Northerly Island is also nearby, and Soldier Field is located along the southern edge. McCormick Place, the largest convention center in the country, is in the immediate area.
Key Highlights
- Fully leased mixed‑use building with retail and office spaces, providing immediate income.
- Prime South Loop location experiencing rapid growth and development.
- Close proximity to McCormick Place, Wintrust Arena, and Marriott Marquis Hotel.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,404
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Retail and office building in a rapidly growing community.
Where is this mixed-use property located?
The property is located at 2210 S Michigan Ave Chicago, IL.
What are key features of this property?
This property features: Fully leased mixed‑use building with retail and office spaces, providing immediate income.; Prime South Loop location experiencing rapid growth and development.; Close proximity to McCormick Place, Wintrust Arena, and Marriott Marquis Hotel.
