1450 S Michigan Avenue Chicago, IL 60605
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.
2 months ago | Listing updated with changes from the MLS® | |
2 months ago | Status changed to Pending | |
3 months ago | Status changed to Active Under Contract | |
7 months ago | Price changed to $799,000 | |
7 months ago | Listing first seen online |
Based on information submitted to the MLS GRID as of 2024-05-03 11:20 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data last updated: 2024-05-03 11:20 PM UTC
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