Under Contract

2419 S. Michigan Avenue Chicago, Illinois 60616

Under Contract
Description
NelsonHill is pleased to present the combined sale of 2419 S. Michigan Avenue & 2316 S. Indiana Avenue. The property spans a total of + 18,076 SF building size and + 20,438 SF land size. 2419 S. Michigan Avenue is a one-story, retail building built in 1915 and located on the historic Motor Row. 2416 S. Indiana Avenue is a part-two story industrial warehouse building located directly across from 2419 S. Michigan Avenue. The building features an additional + 3,600 SF land adjacent to the property, currently used as parking.
Property Highlights
  • Excellent single occupant building or development opportunity
  • Desirable Motor Row District with new development including: new CTA Station at Cermak and Wabash, athletic arena for DePaul University and McCormick Hotel complex at Cermak and Indiana
  • Immediate access to I-55 and Lake Shore Drive
Property Specifications
Building Size 2419 S. Michigan Ave: + 10,744 SF
2416 S. Indiana Ave: + 9,645 SF
Total: + 20,389 SF
Land Size 2419 S. Michigan Ave: + 10,744 SF
2416 S. Indiana Ave: + 9,520 SF
Total: + 20,264 SF
Pin(s) 17-27-117-031-0000, 17-27-117-035-0000 17-27-117-004-0000, 17-27-117-005-0000
Ceiling Height 2419 S. Michigan Ave: + 18'
2416 S. Indiana Ave: + 12'
Loading 2 Drive-in Doors
Zoning DS-5
Sale Price $3,590,000
Property Location