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1455 S Michigan Avenue, Chicago, IL 60605 (Sold on )

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  • The seller has accepted an offer on this property.

 $7,888,000

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  • 0 BedBeds
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  • TypeCommercial
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  • MLS# 12604128

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Property Description

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.


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Property Details 1455 S Michigan Avenue, Chicago, IL, 60605

General

  • MLS#: 12604128
  • Property Type: Commercial
  • Property Sub Type: Office
  • List Date: 03/30/2026
  • Year Built: 1910
  • Area: CHI - Near South Side
  • County: Cook

Structure

  • Stories: 2

Utilities

  • Cooling: Central Air

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