2246 S Michigan Ave | Chicago, IL 60616
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- LoopNet Team
2246 S Michigan Ave
Chicago, IL 60616
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- This historic facade buliding in located within a block of McCormick Place, The Hyatt Regency and the new Marriot Hotel in the
- South Loop. Conviently located near public transportation, shopping, parks and recreation and expressways.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Shopfront Retail / Office
Property Size
21,000 sq ft
Costar Property Class
B
Year Built/Renovated
1912/2006
Occupancy Rate
33%
Tenancy
Multiple
Number of Floors
3
Plot ratio
2.84
Total Plot Size
0.17 ac
Use Class
DS-5 - DS-5 Downtown Service District
Rail yards, warehouses, and small businesses on downtown's periphery.
Parking
4 Spaces (0.19 Spaces per 1,000 sq ft Leased)
Frontage
133 ft on Michigan Ave
AMENITIES
- Signage
ABOUT 2246 S MICHIGAN AVE , CHICAGO, IL 60616
The property is a 8,099+ square foot, rectangular, interior-block site, which is zoned DS-5, Downtown Service District in Chicago, Illinois. It is improved with a 3-story, masonry constructed, 21,000 + square-foot gross building area, multi-tenant, office, flex building. The third floor is built out for office use. The ground floor and second floor have no build out.
PROPERTY TAXES
| Parcel Number | 17-27-101-025-0000 | Improvements Assessment | £366,301 |
| Land Assessment | £45,415 | Total Assessment | £411,716 |
PROPERTY TAXES
Parcel Number
17-27-101-025-0000
Land Assessment
£45,415
Improvements Assessment
£366,301
Total Assessment
£411,716
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