1450 South Michigan Avenue, Chicago, IL, USA, 60605  | Commercial
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$799,000

1450 South Michigan Avenue, Chicago, IL, USA, 60605
5,300
sq ft
1989
Year Built
Commercial
Property Type

About This Home

Excellent opportunity for a savvy investor to own this prime South Loop income producing property. The building is strategically located and positioned to achieve its true highest and best use, with high traffic from current existing restaurant ( Harold's Chicken #88 ). There is also great potential for additional rental income from second floor unit which offers a large open space with two additional rooms which can be used as offices and also a water closet room. This unit is an ideal space for a Fitness Center, Office space, Entertainment Venue so bring your ideas. There is public street parking and just minutes to public transpiration. There is a long term agreement in place with AT&T which has a cell phone antenna in rear of building and they pay 1/3 of the current property taxes. This is an income producing property with seller having minimal expense.

Location

1450 South Michigan Avenue, Chicago, IL, USA, 60605

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Listing Agent

Giovanni Arenella

Giovanni Arenella

Century 21 Circle, Westchester

(48 reviews)
Avg Price Sold$312.3K
Years Experience22
Total Transactions379