List Search

1455 S Michigan Ave
Chicago, IL 60605 South Loop

$6,900,000 USD

Office For Sale  •  22,500 SF

Property Details

  • Property Type Office
  • Total Building Size 22,640 SF
  • Lot Size 0.51 AC
  • Building Class B
  • Year Built 1909
  • Cap Rate 6.47 %
  • Tenancy Single
  • Zoning DX-7, Chicago
100 Transit Score
100 Walk Score

Highlights

Strong South Loop Corridor
Outstanding development potential
Owner/User opportunity
Value add business opportunity

Financial Summary (Actual)

Net Operating Income: $446,570 USD (2025)
Cap Rate: 6.47 %
Total Expenses: $119,430 USD

Major Tenants

Tenant SF Occupied Lease End Date
Ivy Garden Learning Center

Amenities

  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Museum Campus/11Th St. (Metra Electric - Metra) 1 min 13 min 0.6 mi
18Th St. (Metra Electric - Metra) 2 min 14 min 0.8 mi
Transit/SubwayDriveWalkDistance
Roosevelt Station (Green, Orange Lines) (Green Line - Chicago Transit Authority "L" Trains (The "L"), Orange Line - Chicago Transit Authority "L" Trains (The "L")) 1 min 9 min 0.5 mi
Roosevelt Station (Red Line) (Red Line - Chicago Transit Authority "L" Trains (The "L")) 1 min 12 min 0.6 mi
Cermak-Mccormick Place (Green Line - Chicago Transit Authority) 1 min 20 min 0.8 mi
Cermak-Chinatown Station (Red Line - Chicago Transit Authority "L" Trains (The "L")) 2 min 18 min 0.9 mi
AirportDriveWalkDistance
Chicago Midway International 16 min - 9.9 mi
Chicago O'Hare International 31 min - 19.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 22
Type: Surface
Included in Rent: Yes
Michael Galvan 773-732-8843 Baird & Warner
Michael Galvan 773-732-8843 Baird & Warner