2210 Michigan Ave Chicago, IL 60616

This exceptional mixed-use property, located at 2210-2216 South Michigan Avenue in Chicago's vibrant South Loop, offers a compelling investment opportunity. The 23,048 square foot building boasts a diverse tenant mix, including a restaurant, pizzeria, and upscale retail spaces on the ground floor, and three fully occupied office suites on the second floor. Currently operating at 100% occupancy, the property generates a strong net operating income (NOI) of $479,168, with a pro-forma NOI projected at $516,604. The building, constructed in 2019, comprises one two-story structure with six individual units. Its prime location offers unparalleled visibility and accessibility, situated at the southwest corner of East Cermak Road and South Michigan Avenue, with exposure to over 20,850 vehicles daily. The property benefits from its proximity to major attractions including McCormick Place Convention Center, Wintrust Arena, and the Marriott Marquis Hotel, drawing nearly 3 million visitors annually. Convenient access to public transportation via the CTA "L" station (Red, Orange, and Green Lines) and major interstate systems (I-90/94, I-55, and Lake Shore Drive) further enhances its appeal. The surrounding area is experiencing significant growth, fueled by new residential developments, hotel expansions, and the ongoing $390 million McCormick Square expansion project, promising increased foot traffic and community vibrancy. This property is located within an Opportunity Zone, offering potential tax advantages for investors. This is a rare opportunity to acquire a high-performing, mixed-use asset in a rapidly developing and highly desirable Chicago location.