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

Retail Property - Off Market

The Mather Building

326 N. Michigan Avenue, Chicago, IL 60601

Price:
N/A
Building Size:
12,000 SF
Property Type:
Retail
Property Sub-type:
Free Standing Bldg
Property Use Type:
Vacant/Owner-User

Last Verified 6/1/2009 Listing ID 16100900

Description

Real Estate Auction March 25th
Long-term ownership directs immediate sale of mixed-use building on North Michigan Avenue. Exceptional high-rise development opportunity. Broad DX-16 zoning allows for a wide array of retail, office, residential, hospitality and entertainment uses. Existing 12,000+/- s.f. 3-story building on a high-profile 4,920 s.f. site just south of the Chicago River. Additional 4,000+/- s.f. on Lower Michigan Avenue plus a 4,000 s.f. basement. 75% Interest Only Seller Financing available @ 7.5% for a two year term. Broker co-op and 1031 exchanges invited. Call or visit us on-line for detailed property and auction information.

North Michigan Avenue just south of Chicago River.

Map of 326 N. Michigan Avenue, Chicago, IL 60601 (Cook County)

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Created 2/12/2009

Additional Information for 326 N Michigan Avenue, Chicago, IL 60601

Active For Sale - 0 Listing
Active For Lease - 0 Listing
Previously Listed - 2 Historic Listings
Sales Comparables Available - 1 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 326 N. Michigan Avenue, Chicago, IL 60601

Nearby Retail Properties for saleSearch all commercial real estate for sale

Vista's Restaurant - Michigan Ave
$185,000
600 SF Bldg
Restaurant
360 North State
$2,545,000
9,254 SF Bldg
Restaurant
360 North State
$3,230,000
11,742 SF Bldg
Restaurant
Quizno's
$159,900
1,565 SF Bldg
Restaurant
Relish
$179,900
857 SF Bldg
Restaurant

Nearby Retail Properties for leaseSearch all commercial real estate for lease

300 N. Michigan
Negotiable
45,000 SF Bldg
45,000 SF
Retail (Other)
Mag Mile
$15 - $17 /SF/Year
36,000 SF Bldg
3,100 - 6,200 SF
Creative/Loft
203 N. Wabash
$50 /SF/Year
185,895 SF Bldg
408 - 3,081 SF
Street Retail
205-225 North Michigan Avenue
Negotiable
978,696 SF Bldg
1,015 - 2,632 SF
Retail (Other)
205-225 N. Michigan
$35 - $50 /SF/Year
975,895 SF Bldg
2,833 - 8,282 SF
Street Retail

Nearby Recently Sold Retail propertiesSearch all recently sold commercial real estate

Restaurant
Sold 4Q 2005
Free Standing Bldg
Sold 2Q 2006
Street Retail
Sold 2Q 2004
Street Retail
Sold 1Q 2006
Free Standing Bldg
Sold 1Q 2007

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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Retail Property For Sale - The Mather Building

326 N. Michigan Avenue, Chicago, IL, 60601