$3,250,000
( $101.56Per Sq Foot )
 $17,447 est/mo Sourced by Back At You

2215 S Michigan Avenue , Chicago, IL 60616

Chicago, IL 60616

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Description

Located in the Historic Motor Row District of Chicago, this property blends historic charm with modern convenience. Known for its stunning early 20th-century architecture and restored buildings, Motor Row offers a vibrant atmosphere in the South Loop sub-market. The area features landmark showrooms with ornate facades and is minutes from downtown attractions like McCormick Place, the Museum Campus, Grant Park, Millennium Park, and Chinatown. The property benefits from excellent connectivity with direct access to the I-55 Expressway, Lake Shore Drive, and CTA Cermak Green and Red Line stations, making it ideal for both commercial and residential use. Zoning Potential: Within a TIF district and the Motor Row Historic District, the property is primed for development with potential rezoning to DX or DR for mixed-use projects. Note that historic district use restrictions apply; contact us for the full list.

Details

MLS#12145666
Listing TypeFor Sale
StyleRetail
Sub-TypeResale
StatusActive
Year1915
Days On Site170
Listing Provided ByChicago Real Estate Resources | Tuyen Nguyen

Features

SQ Feet32,000
Story(s)4
Units4
ZoningOTHER

Market Activity 60616

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Learn More About This Property

StateIL
CountyCook
CityChicago
Zip Code60616
AreaCHI Near South Side
Listing VS Median (in 60616)
Price:
$3,250,000
low | high
Med:
$256,450
100% of Average
SqFt:
32,000
low | high
Med:
1,075
100% of Average
$ / SqFt:
$102
low | high
Med:
$254
99.718518518519% of Average
On Site:
170
low | high
Med:
413.000000
41.162227602906% of Average
Sourced by Back At You
Listing Updated: January 23, 2025 at 2:54:13 PM PST