1455 S Michigan Avenue
Chicago, IL, 60605
$7,888,000
Beds
0 Baths
0 SqFt
0 Acres
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MLS #MRD12604128 image #0
Baird and Warner is pleased to present a unique investment or owner-user opportunity in the heart of Chicago’s vibrant South Loop corridor. Located on an 1/2 acre land site, this 22,500 SF office building offers a rare combination of immediate cash flow and significant future upside. The property currently houses a successful operating business generating over $2,000,000 in revenue, making it an ideal acquisition for a corporate headquarters or an owner-user looking to establish a flagship presence in a high-growth area. Furthermore, the property’s current DX-7 zoning provides a versatile foundation for various strategic plays. Investors can choose to maintain the existing structure for long-term appreciation or capitalize on the site’s potential for high-rise development, which promises a substantial return on investment. This offering represents a rare chance to acquire a significant footprint in one of Chicago’s strongest corridors. Whether you are looking for a stable investment or a site with transformative development potential, this property is positioned for long-term value. Please let me know if you would like to schedule a tour or receive additional information.

Property Details

Price:
$7,888,000
MLS #:
MRD12604128
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Office
Neighborhood:
chinearsouthside
Listed Date:
Mar 30, 2026
Total Sq Ft:
22,500
Year Built:
1910
Chi – Near South SideChinearsouthside

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Schools

Interior

Cooling
Central Air

Exterior

Construction Materials
Brick
Stories
2

Financial

Net Operating Income
$350,000
Tax Year
2024
Taxes
$198,859

Map

Community

Market Summary

Current real estate data for Commercial in Chicago as of May 15, 2026
896
Commercial Listed
190
Avg DOM
$1,025,421
Avg List Price

Property Summary

    1455 S Michigan Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60605. It is listed for $7,888,000

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