2341-2345 S Michigan Ave | Chicago, IL 60616
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- LoopNet Team
2341-2345 S Michigan Ave
Chicago, IL 60616
Motor Row Lofts · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Favorable In-Place Zoning with Potential to Scale Existing Total Building Area
- Immediate Access to Highways and Major Transportation Corridors
- Walking Distance to Multiple CTA, Bus, Metra and Bike Stations
- Strategic Location Central to Large-Scale and Mega-Developments
PROPERTY FACTS
Property Type
Office
Property Subtype
Loft/Creative Space
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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