2215 S Michigan AVE new

Chicago,IL 60616

$ 2995000

- Bed

0 Bath

32000 SqFt


Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Sale

Square Footage 32,000 sqft

Price per Sqft $93

MLS Listing ID 12366042

Year Built 1915

Annual Tax Amount $148,178

Tax Year 2023

Lot Dimensions .19 ACRES

Property Sub-Type Retail/Stores

Property Description

Located in Chicago's Historic Motor Row District, this 4-story building with a new elevator is designated for retail/office use only under Sub Area C of Planned Development 1153. Known for its striking early 20th-century architecture and restored facades, Motor Row offers a vibrant, walkable environment in the South Loop, just minutes from McCormick Place, the Museum Campus, Grant Park, Millennium Park, and Chinatown. The property benefits from excellent connectivity, with direct access to I-55, Lake Shore Drive, and nearby CTA Green and Red Line stations at Cermak. Located within a TIF district and the Motor Row Historic District, the site holds future development potential, possibly rezoning to DX or DR for mixed-use projects.

Location

State IL

County Cook

Area Chi - Near South Side

Zoning OTHER

Interior

Cooling None

Flooring Wood

Fireplace N

Building

Dwelling Type Retail/Stores

Level or Stories 4

Structure Type Brick

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