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1323 S Michigan Ave
Chicago, IL 60605 South Loop

$9,000,000 USD

Apartments For Sale • 40,000 SF

Property Details

Property Type Apartments
Total Building Size 40,000 SF
Lot Size 0.14 AC
Building Class B
Year Built 2007
Cap Rate 5.74 %
Zoning DX-7

97 Transit Score

95 Walk Score

                
                    Highlights
                
                                13 UNITS: 1 BEDROOM / 1 BATHROOM
                            
                                5 UNITS: 1.5 BEDROOM / 1 BATHROOM
                            
                                6 UNITS: 1.5 BEDROOM / 2 BATHROOM
                            
                                6 UNITS: 2.5 BEDROOM / 2 BATHROOM

Cap Rate:

5.74 %

Major Tenants

Tenant	SF Occupied	Lease End Date
RSTR

Amenities

Air Conditioning
Concierge
Fitness Center
Property Manager on Site
Security System
Washer/Dryer
Doorman
Wi-Fi
Kitchen
Stainless Steel Appliances
Range
Bicycle Storage
Conference Rooms
Elevator
Maintenance on site
Wheelchair Accessible (Rooms)

Public Transportation

Commuter Rail	Drive	Walk	Distance
Chicago Union Station (Burlington Northern-Santa Fe Railway Line - Northeast Illinois Regional Commuter Railroad (Metra), Heritage Corridor Line - Northeast Illinois Regional Commuter Railroad (Metra), Milwaukee District North Line - Northeast Illinois Regional Commuter Railroad (Metra), Milwaukee District West Line - Northeast Illinois Regional Commuter Railroad (Metra), North Central Service - Northeast Illinois Regional Commuter Railroad (Metra), SouthWest Service - Northeast Illinois Regional Commuter Railroad (Metra))	6 min	-	1.7 mi
Chicago LaSalle Station (Rock Island District Line - Northeast Illinois Regional Commuter Railroad (Metra))	7 min	-	1.7 mi
Transit/Subway	Drive	Walk	Distance
Museum Campus/11th St Station (South Shore Line - Northern Indiana Commuter Transportation District (South Shore Line))	6 min	15 min	0.8 mi
Museum Campus/11th St Station (Metra Electric Line - Northeast Illinois Regional Commuter Railroad (Metra))	6 min	15 min	0.8 mi
Roosevelt Station (Green, Orange Lines) (Green Line - Chicago Transit Authority "L" Trains (The "L"), Orange Line - Chicago Transit Authority "L" Trains (The "L"))	4 min	15 min	0.8 mi
Roosevelt Station (Red Line) (Red Line - Chicago Transit Authority "L" Trains (The "L"))	4 min	15 min	0.8 mi
Harrison Station (Red Line - Chicago Transit Authority "L" Trains (The "L"))	-	15 min	0.8 mi
Airport	Drive	Walk	Distance
Chicago Midway International	19 min	-	9.9 mi
Chicago O'Hare International	22 min	-	17.8 mi

Kyle Stengle 312-327-5455 Marcus & Millichap

1323 S Michigan Ave Chicago, IL 60605 South Loop