Log In/Sign Up
Your email has been sent.
2325 S Michigan Ave 18,285 SF Retail Building Chicago, IL 60616 For Sale
INVESTMENT HIGHLIGHTS
- Located in an Opportunity Zone in Chicago's Motor Row Historic District on Michigan Avenue
- Newly Renovated 1st and 2nd Floors
- 100% Leased
- Located Near McCormick Place Convention Center, Which Attracts Nearly 3 Million Visitors Annually
EXECUTIVE SUMMARY
2325 South Michigan is a beautiful, decorative building that lends itself to many different users. Zoning can accommodate public, institutional, retail and residential uses. The building features solid construction and a newer façade features floor to ceiling windows. It also has updated HVAC, electrical and plumbing. The building is near McCormick Place, Millenium Park, CTA Red and Green Lines, I-55 Expressway, and Downtown Chicago.
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
18,285 SF
Building Class
B
Year Built/Renovated
1925/2024
Tenancy
Multiple
Building Height
3 Stories
Loading Docks
1 Exterior
Building FAR
2.33
Lot Size
0.18 AC
Opportunity Zone
Yes
Zoning
DX-5 - Downtown Mixed-Use District
Frontage
Walk Score®
Walker's Paradise (90)
Transit Score®
Excellent Transit (80)
Bike Score®
Very Bikeable (78)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 17-27-110-032-0000 | Total Assessment | $568,015 CAD (2024) |
| Land Assessment | $67,656 CAD (2024) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $500,359 CAD (2024) | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
17-27-110-032-0000
Land Assessment
$67,656 CAD (2024)
Improvements Assessment
$500,359 CAD (2024)
Total Assessment
$568,015 CAD (2024)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
1 of 11
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
2325 S Michigan Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.