2229 S Michigan Ave Chicago, IL 60616

Building Details

Year Built

1918

Listing agency Windy City RE LLC Show Phone

Listed by Milan Rubenstein · License #IL 01324137

Source Crexi

Added: Jul 23, 2020 Updated: Jul 6 at 8:03AM Checked: Jul 21 at 8:49AM

Report an Issue

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.

Located in the South Loop, the property at 2229 S Michigan Avenue is a decorative building suitable for various users. Its zoning accommodates public, institutional, retail, and residential uses. The building is near McCormick Place, Millennium Park, CTA Red & Green Line, I-55 Expressway, and Downtown Chicago. It features solid construction, an appealing and historic façade, and very high ceilings. Formerly a Ford Motor Company showroom, this building is part of Chicago's historic Motor Row, soon to be the Entertainment District. It is a short distance from McCormick Place, Wintrust Arena, an 800-room Hyatt Hotel, and the Marriott Marquis Hotel. The Cermak Green Line L Station is two blocks away. A $390 million expansion project is underway nearby to create McCormick Square, a destination for new nightlife, hotels, and retail attractions. The property size is 29834 square feet.

Key Highlights

• Versatile zoning allows for public, institutional, retail, and residential uses.
• Prime South Loop location near McCormick Place, Wintrust Arena, Hyatt Hotel, and Marriott Marquis Hotel.
• Part of Chicago's historic Motor Row, soon to be the Entertainment District.

Property Analytics

Property Profile Location Intelligence

Similar For Sale Nearby

• 

  $649,000

  2,176 SF

  Turnkey Restaurant Opportunity in Chicago

  Below-market lease in East Lakeview, fully equipped restaurant with assets.

  420 W Belmont Avenue, Chicago, IL 60657

  View Details
• 

  $650,000

  7,000 SF

  Two-Story Warehouse with Offices

  Two-story industrial building with two drive-in doors and dedicated first-floor warehouse plus second-floor office space.

  5923 S Wentworth Ave, Chicago, IL 60621

  View Details
• 

  $949,000

  4,055 SF

  Corner Development Site in Chicago

  High-visibility corner lot with development potential in Belmont Heights/Dunning.

  7455 W Irving Park Road, Chicago, IL 60634

  View Details
• 

  $1,700,000

  13,500 SF

  Brick Convenience Store with Parking

  Turnkey convenience store and retail building with brick construction, operational work areas, and approximately 60 outdoor parking spaces.

  5114 S Racine Ave, Chicago, IL 60609

  View Details
• 

  $775,000

  9,734 SF

  Two-Unit Retail Building

  Two retail spaces in a 1964 building with 13 parking spaces and high-visibility B3-1 frontage.

  1301-1309 E 87th Street, Chicago, IL 60619

  View Details
• 

  $1,950,000

  10,175 SF

  Two-Story? No. Two Masonry Storefront Buildings

  Two one-story masonry storefront buildings with wide bays and rear alley access on a lot with about 75 feet of frontage.

  1122 W Bryn Mawr Ave, Chicago, IL 60660

  View Details
• 

  $759,000

  5,000 SF

  Prime Retail Space in Chicago

  Commercial property in a high-traffic retail district.

  4411 N Kedzie Avenue, Chicago, IL 60625

  View Details
• 

  $1,300,000

  12,000 SF

  Retail/Office Building with Value-Add

  A 12,000 SF retail/office property positioned for rent upside along a top-performing Chicago commercial corridor.

  3934 W 26th Street, Chicago, IL 60623

  View Details
• 

  $2,250,000

  5,477 SF

  Retail Space Near Wrigley Field

  For-sale retail space positioned for game-day foot traffic and strong public transit access in Wrigleyville.

  3477 North Clark Street, Chicago, IL 60657

  View Details
• 

  $775,000

  9,734 SF

  Multi-Suite Retail Building

  Two retail/commercial spaces offer 6 front and 7 rear parking, 4 bathrooms, and a basement for additional storage.

  1301 E 87th St, Chicago, IL 60619

  View Details
• 

  $1,295,000

  9,744 SF

  Chicago Office Building with Parking

  Two-story office building in Chicago's Clearing neighborhood.

  6350 W 63rd Street, Chicago, IL 60638

  View Details
• 

  $850,000

  7,000 SF

  Mixed-Use Flex Building

  Brick flex property with office space and two rear warehouse bays accessed by overhead garage doors.

  2722 South Hillock Avenue, Chicago, IL 60608

  View Details

FAQs

What type of property is this?

Mixed-use property - Charming building in Chicago's Motor Row, near McCormick Place.

Where is this mixed-use property located?

The property is located at 2229 S Michigan Ave Chicago, IL.

What are key features of this property?

This property features: Versatile zoning allows for public, institutional, retail, and residential uses.; Prime South Loop location near McCormick Place, Wintrust Arena, Hyatt Hotel, and Marriott Marquis Hotel.; Part of Chicago's historic Motor Row, soon to be the Entertainment District.