2341-2345 S Michigan Ave | Chicago, IL 60616
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- LoopNet Team
2341-2345 S Michigan Ave
Chicago, IL 60616
The Cunningham · Office Property For Sale
INVESTMENT HIGHLIGHTS
- 35,000 SF Redevelopment Opportunity of an Irreplaceable Asset
- Substantial Short-Term In Place Income with Ability to Extend
- Favorable Zoning Provides Optionality for Future Uses & 5-FAR Permits Ability to Grow
PROPERTY FACTS
Property Type
Office
Property Subtype
Building Size
35,000 SF
Building Class
C
Year Built/Renovated
1910/2000
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
8,700 SF
Building FAR
4.26
Lot Size
0.19 AC
Zoning
DS-5 - Downtown Service, 5-FAR; Qualified Opportunity Zone; Motor Row Historic District
Parking
4 Spaces (0.11 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Commuter Rail
- Signage
- Roof Terrace
- High Ceilings
- Natural Light
- Open-Plan
- Hardwood Floors
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 17-27-110-013-0000 | Improvements Assessment | $748,250 |
| Land Assessment | $63,000 | Total Assessment | $811,250 |
PROPERTY TAXES
Parcel Number
17-27-110-013-0000
Land Assessment
$63,000
Improvements Assessment
$748,250
Total Assessment
$811,250
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