Skip To Content

    320 S Michigan Avenue

    Chicago, IL 60604
    • $2,900,000
    • STATUS: Active
    • ON SITE: 73 days
    • MLS #: 10982519
    UPDATED: 53 min ago
    $2,900,000
    • 0
      BEDS
    • 0.24
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 10,353
      SQFT
    • $280
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1880
    County:
    Area:

    School Ratings & Info

    Description

    Rarely available ground floor retail space situated at the epicenter of downtown Chicago's nationally recognized Historic Michigan Boulevard District. The location spans 35 feet of sidewalk frontage literally steps from the world renowned Art Institute, Chicago Symphony Orchestra, Grant Park, Buckingham Fountain, and countless other Chicago landmarks. The opportunities to develop this raw space are endless, as is the foot traffic. This prized location at 330 S. Michigan Ave. draws both local, business, and tourist traffic thanks to its proximity to locally and nationally cherished landmark institutions, outdoor recreation, dining, shopping, hotels, McCormick Convention Center, and the Loop financial district. One or more premier tenants can fill the 10,000 square feet encompassing the street, basement, and mezzanine levels of the building, supplied by a private loading dock at the rear and a heating, cooling, and ventilation infrastructure capable of supporting multiple kitchens or other high traffic uses. Property comes with 123,000 square feet of unused air rights and one deeded parking space in building garage.

    Monthly Payment Calculator



    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Rossi and Taylor Realty Group. Based on information submitted to the MRED as of 2021-04-13T18:53:49.47 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
    www.rossiandtaylor.com/homes/113736027
    Print Image

    320 S Michigan Avenue Chicago, IL 60604

    • Price: $2,900,000
    • Status: Active
    • Updated: 53 min ago
    • MLS #: 10982519
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.24
    Acres
    10,353
    SQFT
    $280
    $/SQFT
    1880
    Built
    Neighborhood:
    Chi - Loop
    County:
    Cook
    Area:
    Chi - Loop
    Property Description
    Rarely available ground floor retail space situated at the epicenter of downtown Chicago's nationally recognized Historic Michigan Boulevard District. The location spans 35 feet of sidewalk frontage literally steps from the world renowned Art Institute, Chicago Symphony Orchestra, Grant Park, Buckingham Fountain, and countless other Chicago landmarks. The opportunities to develop this raw space are endless, as is the foot traffic. This prized location at 330 S. Michigan Ave. draws both local, business, and tourist traffic thanks to its proximity to locally and nationally cherished landmark institutions, outdoor recreation, dining, shopping, hotels, McCormick Convention Center, and the Loop financial district. One or more premier tenants can fill the 10,000 square feet encompassing the street, basement, and mezzanine levels of the building, supplied by a private loading dock at the rear and a heating, cooling, and ventilation infrastructure capable of supporting multiple kitchens or other high traffic uses. Property comes with 123,000 square feet of unused air rights and one deeded parking space in building garage.
    Exterior Features

    Construction Materials ConcreteBlockSteel Siding Docks Drive-In Doors Foundation Details Concrete Perimeter Frontage Type City Street Location Central Business DistrictPark AdjacentPublic Transport AvailFree Standing/Urban Number Of Drive In Doors 1 Number Of TLDocks 1 Parking Total 1

    Interior Features

    Ceiling Height Ft 22 Cooling Chillers Electric Circuit BreakersOver 600 Amps Fire Protection None Heat Ventilation Central Bldg Heat Indoor Parking 1-5 Spaces Leasable Area 10353

    Property Features

    Additional Parcels YN Yes Existing Lease Type N/A Exterior Building Type LimestoneBrick/Stone Msn Pred Lot Size Dimensions .21 ACRE Min Avail Sq Ft Rentable 10353 Property Offered For Sale Only Tax Annual Amount 30544.8 Tax Year 2019 Tenant Pays Varies By Tenant Unincorporated YN No Water Drainage Storm Sewers Zoning Rtail

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Eldorrado Chicago Real Estate.


    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Rossi and Taylor Realty Group. Based on information submitted to the MRED as of 2021-04-13T18:53:49.47 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
    https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_10982519-1.jpg https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_10982519-1.jpg https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_10982519-1.jpg
    Logo
    Rossi and Taylor Realty Group
    8025 Wicker Avenue
    St John IN, 46373