Property for Sale: 2215 S Michigan, Chicago, IL 60616

$3,250,000
$3,250,000
2215 S Michigan, Chicago, IL 60616
$3,250,000
Remove from
Favorites
Add to
Favorites
Add to
Trip Map
Hide Share or
Email
Price:
$3,250,000
$200,000 - 10/11/2024

Type Commercial
Year Built 1915

City Chicago
County Cook

MLS 12145666
Status Active
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.

Lot & Building Features

Cooling None
Tax Year 2023
Lot Dimensions .19 ACRES ft

Price History of 2215 Michigan, Chicago, IL

Date Name Price Difference
10/11/2024 Price Adjustment $3,250,000 5.80%
12/31/1969 Listing Price $3,450,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
Photo of Tom OConnor
Tom OConnor
Broker
Direct: 708-237-7790
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by Chicago Real Estate Resources, Tuyen Nguyen
$
20%
1%
6.75%
$
$
$
Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

2215 Michigan (MLS #12145666) is a commercial listing located in Chicago, IL. This property was listed on 08/22/2024 and has been priced for sale at $3,250,000.

Nearby zip codes are 60605, 60608 and 60623.

Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Chicago Real Estate Resources