818-445-3529
2210-2216 S Michigan Ave, Chicago, IL for Sale
Storefront - FOR SALE
1/25
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2210-2216 S Michigan Ave
Chicago, IL 60616


OVERVIEW

- Building is 100% Occupied. - Located in the South Chicago submarket, adjacent to the rapidly developing South Loop market. - Located in an Opportunity Zone, a census tract designated by state and federal government targeted for economic development by allowing investors to defer federal taxes on recent capital gains. - The building is located at the southwest corner of East Cermak Road and South Michigan Avenue with visibility and exposure to over 20,850 vehicles per day. - Located near McCormick Place Convention Center, which attracts nearly 3 million visitors annually. - Near the 10,000-seat multipurpose Wintrust Arena. Uses range from women's and men's basketball games, concerts, family shows and business conventions to name a few. - The new 1,200-room Marriot hotel with 93,000 square feet of elegant event space, including two 25,000-square-foot ballrooms. - Walking distance from CTA “L” station (Red, Orange and Green Lines). - Proximity to the interstate system I-90/94, I-55 and Lake Shore Drive.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Restaurant, Storefront, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1898

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,731 SF

ZONING

DS-5

APN/PARCEL ID

17-27-101-030-0000

ASK ABOUT THIS PROPERTY

Milan RubensteinWindy City REMore Info
818-445-3529

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Milan RubensteinWindy City REMore Info
818-445-3529

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.