1605 S Michigan Ave | Chicago, IL 60616
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1605 S Michigan Ave
Chicago, IL 60616
Office Property For Sale
INVESTMENT HIGHLIGHTS
- Commercial Condo with 2 Separately Assigned Outdoor Parking Spaces
- The medical office is 3,250 square feet of ground floor in the Studebaker Lofts condominium association
- Positioned in South Loop near the Chicago Lakefront, McCormick Place entertainment district, and the upcoming developments, The 78 & One Central
- Fully leased medical office condo in the South Loop
- Occupied by a single tenant, Clear Wellness Group, an Urgent & Primary Care Center, on a 7 year term term with four 4 years remaining on the lease
PROPERTY FACTS
Property Type
Office
Property Subtype
Medical
Building Size
3,250 SF
Building Class
C
Year Built/Renovated
1921/1990
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,250 SF
Slab To Slab
11’
Building FAR
0.10
Lot Size
0.74 AC
Zoning
DX-5 - The DX, Downtown Mixed-Use district is primarily intended to accommodate office, commercial,
public, institutional and residential development.
Parking
2 Spaces (0.62 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Signage
- Plug & Play
PROPERTY TAXES
| Parcel Number | 17-22-302-050-1002 | Improvements Assessment | $71,872 |
| Land Assessment | $62,878 | Total Assessment | $134,750 |
PROPERTY TAXES
Parcel Number
17-22-302-050-1002
Land Assessment
$62,878
Improvements Assessment
$71,872
Total Assessment
$134,750
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
