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Browse More Listings in Office For Sale, Chicago, IL or Illinois

Office Property For Sale

South Loop Loft Building

2248 S. Michigan, Chicago, IL 60616

Price:
$5,500,000
Building Size:
19,500 SF
Price/SF:
$282.05
Property Type:
Office
Property Sub-type:
Office Building
Additional Sub-types:
Office-R&D
Property Use Type:
Vacant/Owner-User
No. Stories:
3
Year Built:
1920
Lot Size:
7,000 SF
Find Out More...

Last Verified 11/3/2009 Listing ID 14738042

Highlights

Great South Loop location
Landmark Status
Historic Motor Row

Completely renovated

Description

Rarely available three-story loft office building in booming South Loop. Located on historic Motor Row, this landmark status building has been rebuilt from the ground up. Sandblasted, exposed brick, all new mechanicals, passenger elevator, floors and roof. A fourth floor can be added. Zoning allows for residental conversion.

The south Loop is the hottest neighborhood in the city. Thousands of new condominium units are being built in the next few years.

Map of 2248 S. Michigan, Chicago, IL 60616 (Cook County)

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Created 8/7/2006

Additional Information for 2248 S Michigan Avenue, Chicago, IL 60616

Active For Sale - 1 Listing
Active For Lease - 1 Listing
Previously Listed - 2 Historic Listings
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

Comparable Properties for 2248 S. Michigan, Chicago, IL 60616

Nearby Office properties for saleSearch all commercial real estate for sale

221 E Cullerton
$125,000
N/A
1815 S Michigan #C-2 Ave
$399,000
1,250 SF

Nearby Office properties for leaseSearch all commercial real estate for lease

2600 Michigan Office Suites
$24.00/SF/Year
871 - 1,945 SF
Retail, Office or Dry Storage--Single User Bldg
$6.99 - $15.00/SF/Year
3,825 - 5,325 SF
2255 S. Michigan Ave
Negotiable
3,500 SF
South Loop Loft Office
$14.00 - $25.00/SF/Year
6,500 SF
1925 S. Michigan Ave.
$25.00/SF/Year
6,600 - 25,455 SF

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Office Property For Sale - South Loop Loft Building

2248 S. Michigan, Chicago, IL, 60616