Eco Friendly
Address
320 S Michigan Avenue Chicago, IL
Price
$ 2,800,000
Property Attributes
  • MLS#11225132
  • TypeCommercial
  • CountyCOOK
  • CityChicago
  • AreaCHI - Loop
  • NeighborhoodThe Loop
  • Zip60604
  • Style
  • Year Built1880
  • Taxes$ 61577
  • Price$ 2,800,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage10353
  • Lot Size10,353 SqFt
Listing Provided Courtesy Of:
Pyne Properties, LLC
Data Source:
Midwest Real Estate Data (MRED) - 103 - IL
Property Description

Rarely available ground floor retail space situated at the epicenter of downtown Chicago's nationally recognized Historic Michigan Boulevard District. The location spans 35 feet of sidewalk frontage literally steps from the world renowned Art Institute, Chicago Symphony Orchestra, Grant Park, Buckingham Fountain, and countless other Chicago landmarks. The opportunities to develop this raw space are endless, as is the foot traffic. This prized location at 330 S. Michigan Ave. draws both local, business, and tourist traffic thanks to its proximity to locally and nationally cherished landmark institutions, outdoor recreation, dining, shopping, hotels, McCormick Convention Center, and the Loop financial district. One or more premier tenants can fill the 10,000 square feet encompassing the street, basement, and mezzanine levels of the building, supplied by a private loading dock at the rear and a heating, cooling, and ventilation infrastructure capable of supporting multiple kitchens or other high traffic uses. Property comes with 123,000 square feet of unused air rights and one deeded parking space in building garage.

Price History
9/21/2021 Listed $2,800,000

General Features

Additional Parcels Y/N Yes
City Chicago
Construction Materials Concrete, Block, Steel Siding
Cooling Chillers
County Cook
Days on Market 64
Directions On the west side of Michigan Avenue, between Jackson and Van Buren streets.
Electric Circuit Breakers, Over 600 Amps
Leasable Area 10353
Lease Type N/A
Lot Size Square Feet 10353
MLS Area CHI - Loop
Possession Closing
Property SubType Condominium
Property Type Commercial Sale
Property Type Retail/Stores
Standard Status Active
Status Active
Stories 2
Street Name Michigan
Tax Annual Amount 61577.6
Tax Year 2020
Tenant Pays Varies by Tenant
Total Units 1
Township South Chicago
Year Built 1880
Zoning RTAIL

Interior Features

Street Suffix Avenue

Exterior Features

Building Area Total 10353
Exterior Limestone, Brick/Stone Msn Pred
Foundation Details Concrete Perimeter
Frontage Type City Street
Lot Dimensions .21 ACRE
Total Parking 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 60604

Price
AVG $2.8M
$2.8M
Taxes
AVG $61,577
$61,577
Visits
AVG 3
2
Year Built
AVG 1880
1880
Walkscore
AVG 93
93
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.

Areas We Cover