Log In/Sign Up
Your email has been sent.
2325 S Michigan Ave 2 Unit Apartment Building For Sale Chicago, IL 60616
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 | Lot Size | 0.18 AC |
| No. Units | 2 | Building Size | 18,285 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1925/2024 |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | DX-5 - Downtown Mixed-Use District | ||
| Sale Type | Investment or Owner User |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 18,285 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1925/2024 |
| Opportunity Zone |
Yes |
| Zoning | DX-5 - Downtown Mixed-Use District |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- Public Transportation
Exceptionally walkable
90/100
Exceptionally drivable
90/100
Exceptional public transit
90/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 17-27-110-032-0000 | Total Assessment | $1,002,730 CAD |
| Land Assessment | $67,293 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $935,438 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
17-27-110-032-0000
Land Assessment
$67,293 CAD
Improvements Assessment
$935,438 CAD
Total Assessment
$1,002,730 CAD
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.