| Chicago, IL
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- LoopNet Team
Portfolio For Sale
Chicago, IL
Retail Property For Sale
Investment Highlights
- Covered land opportunity with substantial in place income and significant long term development potential
- Value add potential via lease up of vacant ±10,000 SF building (2412 S. Michigan Avenue)
- Incredibly convenient location, accessible via multiple public transit lines (CTA Green, Orange and Red lines) and close to major interstates I-55 an
- 2400 S. Michigan Avenue, the iconic Chicago Defender building, is leased to Revel, home of the acclaimed Revel Motor Row event venue, on a long term,
- ±20,000 SF adjacent land site fronting Wabash Avenue and 24th Street provides parking revenue and significant future development potential
PROPERTY FACTS
| Property Type | Retail | Zoning Description | DX-5 & DS-3 |
| No. Stories | 2 | APN / Parcel ID | 17-27-116-037-0000 |
| Parking Ratio | 0.33/1,000 SF |
| Property Type | Retail |
| No. Stories | 2 |
| Parking Ratio | 0.33/1,000 SF |
| Zoning Description | DX-5 & DS-3 |
| APN / Parcel ID | 17-27-116-037-0000 |
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