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2241-2245 S Michigan Ave
Chicago, IL 60616 South Loop

Price Upon Request

Office For Sale  •  20,000 SF

Property Details

  • Property Type Office
  • Total Building Size 20,000 SF
  • Lot Size 0.37 AC
  • Building Class B
  • Year Built 1995
  • Tenancy Multiple
  • Zoning DX-5
90 Transit Score
90 Walk Score

Description 

2245 S Michigan served as the former Buick Showroom on Motor Row. The three-story walk-up offers excellent natural light with exposures on three sides, while high ceilings and brick interiors define the buildings historic character. There is also parking available in the adjacent lot, which can be paired in the offering.

Highlights

Natural lighting
High ceilings and brick interior
Rapidly growing community

Property Flyers

Financial Summary (Actual)

Net Operating Income: $380,775 USD (2023)
Total Expenses: $212,208 USD

Major Tenants

Tenant SF Occupied Lease End Date
BI Incorporated 6,390 SF 3/31/2025
Community Organizing and Family Issues 6,490 SF 8/31/2029
ISM Sound Consulting Corp 1,100 SF 12/31/2021
Young Center 4,481 SF 10/31/2024

Amenities

  • Property Manager on Site

Public Transportation

Commuter RailDriveWalkDistance
Mccormick Place Station (Metra Electric Line - Northeast Illinois Regional Commuter Railroad (Metra), South Shore Line - Northeast Illinois Regional Commuter Railroad (Metra)) 6 min 11 min 0.6 mi
18Th Street Station (Metra Electric Line - Northeast Illinois Regional Commuter Railroad (Metra)) 6 min 16 min 0.8 mi
Transit/SubwayDriveWalkDistance
Cermak-Mccormick Place (Green Line - Chicago Transit Authority) 1 min 6 min 0.3 mi
Cermak-Chinatown Station (Red Line - Chicago Transit Authority "L" Trains (The "L")) 1 min 9 min 0.5 mi
AirportDriveWalkDistance
Chicago Midway International 15 min - 9.4 mi
Chicago O'Hare International 32 min - 20.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 23
Type: Surface
Included in Rent: Yes
Milan Rubenstein 815-600-1588 Volta Investments
Milan Rubenstein 815-600-1588 Volta Investments