1455 S Michigan Avenue, Chicago, IL 60605

$7,888,000

  • Open House
  • New Listing
  • Price Reduced
  • Sold
  • Leased
-1 More Schedule
  • 0 BedroomBeds
  • 0 BathroomBaths
  • Sqft
  • 0Acres
  • Commercial SaleType
  • ActiveStatus
  • 12604128MLS#
-1 More Schedule

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Property Description 1455 S Michigan Avenue, Chicago, IL, 60605

Baird and Warner is pleased to present a unique investment or owner-user opportunity in the heart of Chicago's vibrant South Loop corridor. Located on an 1/2 acre land site, this 22,500 SF office building offers a rare combination of immediate cash flow and significant future upside. The property currently houses a successful operating business generating over $2,000,000 in revenue, making it an ideal acquisition for a corporate headquarters or an owner-user looking to establish a flagship presence in a high-growth area. Furthermore, the property's current DX-7 zoning provides a versatile foundation for various strategic plays. Investors can choose to maintain the existing structure for long-term appreciation or capitalize on the site's potential for high-rise development, which promises a substantial return on investment. This offering represents a rare chance to acquire a significant footprint in one of Chicago's strongest corridors. Whether you are looking for a stable investment or a site with transformative development potential, this property is positioned for long-term value. Please let me know if you would like to schedule a tour or receive additional information.



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Property Details 1455 S Michigan Avenue, Chicago, IL, 60605

  • On Market Date: 03/30/2026
  • Year Built: 1910
  • MLS#: 12604128
  • Type: Commercial Sale
  • Status: Active
  • Lot Size: 21,896
  • Price: $7,888,000
  • City: Chicago
  • State: IL
  • Zip: 60605
  • County: Cook
  • Development: NO
  • Date Last Updated: 04/25/2026
  • Basement: NO
  • Pool: NO
  • Cooling: Central Air

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