Properties

Features
: Central Air
Address Map
US
IL
Cook
Chicago
60605
Michigan
1455
Avenue
W88° 22' 35.1''
N41° 51' 45.2''
Roosevelt to Michigan Avenue south to property. Property is located on the east side of the street.
CHI - Near South Side
S
OFFIC
Additional Information
22500
: Brick
Service - 201 to 600 Amps
136x 161
2
Baird & Warner
Michael Galvan
Financial
198859
Listing Information
243565
60021
Active
2026-05-01T14:11:04Z
MRED
2026-04-06T05:05:15Z
Property Description

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.

Commercial Sale For Sale

1455 S Michigan Avenue, Chicago, Illinois 60605

$7,888,000
Listing ID#12604128
QR Code
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 12604128
Price : $7,888,000
Year Built : 1910
Listing Status : Active
Property Sub Type : Office
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