2329 S Michigan Ave | Chicago, IL 60616
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- LoopNet Team
2329 S Michigan Ave
Chicago, IL 60616
Chicago Office in an Opportunity Zone · Office Property For Sale
Investment Highlights
- A historic 15,240 SF Holabird & Roche-designed three-story building in Chicago, IL.
- Superior value-add acquisition for a new owner to upgrade an extraordinary property situated within a hot and rapidly evolving neighborhood.
- Illuminating floor-to-ceiling windows allow an abundance of natural lighting as it overlooks Michigan Ave.
- Advantageously established in a designated opportunity zone and a prominent Chicago TIF district.
- Conveniently zoned for the Downtown Service District where permitted business uses are extensive.
PROPERTY FACTS
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
15,240 SF
Building Class
C
Year Built/Renovated
1909/2007
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
5,080 SF
Building FAR
2.69
Lot Size
0.13 AC
Zoning
DS-5
Parking
6 Spaces (0.39 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $486,673 | |
| Land Assessment | $41,828 | Total Assessment | $528,501 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$41,828
Improvements Assessment
$486,673
Total Assessment
$528,501
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