1455 S Michigan Avenue
Chicago, IL, 60605
$7,888,000
Beds
0 Baths
0 SqFt
0 Acres
Add
Add
$7,888,000
1455 S Michigan Avenue
Chicago, IL, 60605
MLS #MRD12604128 image #0MLS #MRD12604128 image #1MLS #MRD12604128 image #2MLS #MRD12604128 image #3MLS #MRD12604128 image #4MLS #MRD12604128 image #5MLS #MRD12604128 image #6MLS #MRD12604128 image #7MLS #MRD12604128 image #8MLS #MRD12604128 image #9MLS #MRD12604128 image #10MLS #MRD12604128 image #11MLS #MRD12604128 image #12MLS #MRD12604128 image #13MLS #MRD12604128 image #14MLS #MRD12604128 image #15MLS #MRD12604128 image #16
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.

Property Details

Price:
$7,888,000
MLS #:
MRD12604128
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Office
Neighborhood:
chinearsouthside
Listed Date:
Mar 30, 2026
Total Sq Ft:
22,500
Year Built:
1910
Chi – Near South SideChinearsouthside

Schools

Interior

Cooling
Central Air

Exterior

Construction Materials
Brick
Stories
2

Financial

Net Operating Income
$350,000
Tax Year
2024
Taxes
$198,859
Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing

Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

More About Debra

Mortgage Calculator

 

Map

Current real estate data for Commercial in Chicago as of Apr 23, 2026
926
Commercial Listed
188
Avg DOM
$1,031,841
Avg List Price

Community

Subdivisions in Chicago

Similar Listings Nearby

broker reciprocity
MLS# MRD12440217broker reciprocity
201 S Ashland Avenue
Chicago, IL

$9,995,000

2.1 miles away

broker reciprocity
MLS# MRD12338744broker reciprocity
1375 W Lake Street
Chicago, IL

$9,750,000

2.5 miles away

broker reciprocity
MLS# MRD12268558broker reciprocity
4192 S Archer Avenue
Chicago, IL

$8,500,000

3.7 miles away

broker reciprocity
MLS# MRD12587647broker reciprocity
165 N May Street
Chicago, IL

$7,500,000

2.2 miles away

broker reciprocity
MLS# MRD12612179broker reciprocity
415 W Huron Street
Chicago, IL

$5,950,000

2.3 miles away

Property Summary

    1455 S Michigan Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60605. It is listed for $7,888,000 To schedule a showing of MLS#mrd12604128 at 1455 S Michigan Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
1455 S Michigan Avenue
Chicago, IL