2215 S Michigan AVE, Chicago, IL 60616 – 12145666 - Sara Macak

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Sara Macak

saramacak1@gmail.com +1(630) 207-6658

$3,250,000

Est. payment - /mo

32,000 SqFt

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UPDATED:

10/17/2024 05:07 AM

Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Sale

Square Footage 32,000 sqft

Price per Sqft $101

MLS Listing ID 12145666

Year Built 1915

Annual Tax Amount $148,178

Tax Year 2023

Lot Dimensions .19 ACRES

Property Description

Located in the Historic Motor Row District of Chicago, this property blends historic charm with modern convenience. Known for its stunning early 20th-century architecture and restored buildings, Motor Row offers a vibrant atmosphere in the South Loop sub-market. The area features landmark showrooms with ornate facades and is minutes from downtown attractions like McCormick Place, the Museum Campus, Grant Park, Millennium Park, and Chinatown. The property benefits from excellent connectivity with direct access to the I-55 Expressway, Lake Shore Drive, and CTA Cermak Green and Red Line stations, making it ideal for both commercial and residential use. Zoning Potential: Within a TIF district and the Motor Row Historic District, the property is primed for development with potential rezoning to DX or DR for mixed-use projects. Note that historic district use restrictions apply; contact us for the full list.

Location

State IL

County Cook

Area Chi - Near South Side

Zoning OTHER

Interior

Cooling None

Fireplace N

Building

Dwelling Type Retail/Stores

Level or Stories 4

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Listed by Tuyen Nguyen • Chicago Real Estate Resources

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Sara Macak

Broker | License ID: 475.193648

+1(630) 207-6658