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310 S Michigan Ave - Metropolitan Tower
22,592 SF Retail Condo Unit in Chicago, IL 60604
INVESTMENT HIGHLIGHTS
- Wonderful Value Add Opportunity for Investor or Ideal for Owner/User with Move-In Ready Space
- Rare Chance to Own Prime Frontage Along Michigan Avenue
- Generous C2-3 Zoning, Allowing for More Business Types Than B1 Districts
PROPERTY FACTS
| Unit Size | 22,592 SF | Building Class | B |
| No. Units | 1 | Floors | 30 |
| Total Building Size | 899,970 SF | Typical Floor Size | 26,417 SF |
| Property Type | Multifamily (Condo) | Year Built | 1924 |
| Property Subtype | Apartment | Lot Size | 0.93 AC |
| Sale Type | Investment or Owner User | Parking Ratio | 0.27/1,000 SF |
| Unit Size | 22,592 SF |
| No. Units | 1 |
| Total Building Size | 899,970 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Sale Type | Investment or Owner User |
| Building Class | B |
| Floors | 30 |
| Typical Floor Size | 26,417 SF |
| Year Built | 1924 |
| Lot Size | 0.93 AC |
| Parking Ratio | 0.27/1,000 SF |
1 UNIT AVAILABLE
Unit B1 & C2
| Unit Size | 22,592 SF | Sale Type | Investment or Owner User |
| Condo Use | Retail |
| Unit Size | 22,592 SF |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
DESCRIPTION
CBRE, as an exclusive agent, is pleased to present the opportunity
to acquire a 22,592 SF ground floor and below grade retail condo at 310
South Michigan Avenue (“the Property”), a mixed-use residential retail
building in the East Loop.
The Property includes two street level spaces facing Jackson Boulevard
and Michigan Avenue, plus 18,239 SF of move-in ready fitness space on
the lower level with approximately $3,500,000 of construction recently
completed.
Click the link to view the Offering Memorandum.
+16 More
Lower Level - 18,239 SF - Fitness Space
Lower Level - 18,239 SF - Fitness Space
Lower Level - 18,239 SF - Fitness Space
Lower Level - 18,239 SF - Fitness Space
Lower Level - 18,239 SF - Fitness Space
Lower Level - 18,239 SF - Fitness Space
Lower Level - 18,239 SF - Fitness Space
Lower Level - 18,239 SF - Fitness Space
Lower Level - 18,239 SF - Fitness Space
Lower Level - 18,239 SF - Fitness Space
Lower Level - 18,239 SF - Fitness Space
Lower Level - 18,239 SF - Fitness Space
Street Level - Ume Tea
Street Level - Kilwins
Street Level - Kilwins
Street Level - Kilwins
Street Level - Kilwins
Street Level - Kilwins
Street Level - Kilwins
Street Level - Kilwins
Street Level - Kilwins
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 49 | - | 500 |
| 1+1 | 49 | - | 650 |
| 2+2 | 49 | - | 900 |
| 3+2 | 49 | - | 1,100 |
| 4+2 | 38 | - | 1,200 |
MAJOR TENANT INFORMATION Click Here to Access
| TENANT | SF OCCUPIED | LEASE END DATE |
|---|---|---|
| Kilwins |
-
|
Jan 0000
|
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Storage Space
- Washer/Dryer
- Crown Molding
- Granite Countertops
- Hardwood Floors
- Vaulted Ceiling
- Stainless Steel Appliances
- Walk-In Closets
- Carpet
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- Concierge
- Courtyard
- Fitness Center
- Laundry Facilities
- Property Manager on Site
- Sauna
- Doorman
- Furnished Units Available
- Grill
- On-Site Retail
- Roof Terrace
- Maintenance on site
ZONING
| Zoning Code | RM-5 |
| RM-5 |
Presented by
310 S Michigan Ave - Metropolitan Tower
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