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Property profile & analytics

2135 S Michigan Ave Chicago, IL 60616

  • Commercial real estate
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US28-2637783
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Woosh Wash / Hardware & Home Improvement
  • South Loop Market - Cermak / Grocery & Convenience Store / Food Market

Property Details for 2135 S Michigan Ave

Property type
Commercial real estate
APN
17-22-319-030
APU
1722319030

Description

This exceptional 3,363-square-foot retail space is situated in Chicago's vibrant South Loop, at 2135 S Michigan Ave, 60616, offering unparalleled visibility and accessibility. Located in the Arrive Lex building, a 333-unit luxury apartment development, this single-tenant space boasts over 40 feet of frontage on Cermak Road, ensuring high traffic and brand exposure. Previously a fitness center, the space features complete infrastructure including bathrooms, locker rooms with showers, lockers, a reception area, two large workout areas with rubber flooring, and a private office – ideal for a variety of uses such as retail, medical, or office space. The building offers convenient on-site indoor parking. This prime location benefits from proximity to major attractions including Wintrust Arena (10,000 seats, over 300,000 annual visitors), McCormick Place Convention Center (approximately three million annual visitors), the Marriott Marquis Chicago (1,200 rooms), and a Hilton hotel complex (450 rooms). Nearby establishments include South Loop Market, Subway, Lerner & Roew Law Offices, IL Culaccino restaurant, Starbucks, and Fatpour Tavern, creating a thriving commercial environment. The property is in Cook County and is part of a building constructed in 2008 with a total of 350,000 square feet. The building includes elevators.


Value Estimations

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Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.6232
Latitude
41.8533
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$62,402
$176,856
$125,589
$302,445
-
$707,424
$502,356
$1,209,780
More about this property
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