1450 S Michigan Avenue, Chicago, IL 60605 - MLS 11899106

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Excellent opportunity for a savvy investor to own this prime South Loop income producing property. The building is strategically located and positioned to achieve its true highest and best use, with high traffic from current existing restaurant ( Harold's Chicken #88 ). There is also great potential for additional rental income from second floor unit which offers a large open space with two additional rooms which can be used as offices and also a water closet room. This unit is an ideal space for a Fitness Center, Office space, Entertainment Venue so bring your ideas. There is public street parking and just minutes to public transpiration. There is a long term agreement in place with AT&T which has a cell phone antenna in rear of building and they pay 1/3 of the current property taxes. This is an income producing property with seller having minimal expense.

Berkshire Hathaway HomeServices
Central Illinois, REALTORS®

realestate@bhhscir.com

309.663.7653

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property details

Type

Retail

Status

Sold

County

Cook

Year Built

1989

Lot Size

5,518 Sq. Ft., 0.1 acres

Listing Id

11899106

Courtesy Of

Giovanni Arenella - Century 21 Circle +1 708 531 0800

List Office Phone

+1 708 531 0800

Exterior Features

Roof

Membrane

Stories

Utility & Building Info

Cooling

Central Air

Tax Amount

49623

Architectural Style

2 Story

Listings courtesy of MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 4/22/2026 10:38 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Price History

date	event	price	source
06/07/2024 06/07/2024	Sold	$799,000	MRED- Midwest Real Estate Data MLS
02/28/2024 02/28/2024	Pending	$799,000	MRED- Midwest Real Estate Data MLS
01/31/2024 01/31/2024	Contingent	$799,000	MRED- Midwest Real Estate Data MLS
10/05/2023 10/05/2023	Active	$799,000	MRED- Midwest Real Estate Data MLS
10/03/2023 10/03/2023	Active	$2	MRED- Midwest Real Estate Data MLS

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1450 S Michigan Avenue Chicago, IL 60605

Berkshire Hathaway HomeServicesCentral Illinois, REALTORS®