USAILChicago1450 Michigan Ave
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$799,000

Sold

2 years ago

1450 Michigan Ave, Chicago, IL

MLS® 11899106

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $49,624
Approx. Age 1989
MLS® Number 11899106

Property Address: 1450 Michigan Ave, CHICAGO, IL, 60605-2811

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number11899106
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1989
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

Jan 29, 2024End Date
$799,000Sold Price

Sold

Oct 3, 2023List Date
$799,000List Price
  • Commute

Commute

Starting Address
Destination Address
1450 Michigan Ave, CHICAGO, IL

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