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- LoopNet Team
318-320 S Michigan Ave
Chicago, IL 60604
Richelieu Flats · Multifamily Property For Sale
·
5 Units

INVESTMENT HIGHLIGHTS
- Rare opportunity to acquire a storefront condo along Michigan Avenue in Downtown Chicago
- Condominium features open shell layout, large windows providing excellent natural lighting, and can accommodate patio seating
- Extremely well located near multiple public transportation options and within walking distance of numerous tourist attractions
EXECUTIVE SUMMARY
Bankruptcy Sale featuring an 8,208 square foot storefront condominium along Michigan Avenue in Chicago’s Centra lBusiness District “CBD”. The 8,208 square foot condominium consist of 6,126 square feet of ground floor space, 2,082square feet of mezzanine space and an additional 2,145 square foot basement. The Property is zoned DX-16 and features an open shell layout, large windows providing excellent natural lighting, and can accommodate patio space. The storefront is extremely well located just steps from the Adams/Wabash and Jackson "L" Stations and is walking distance to numerous tourist attractions including The Art Institute of Chicago, The Bean, Millennium Park, Grant Park, Buckingham Fountain, and Maggie Daley Park, among others. There are numerous universities in the immediate area including DePaul University, Roosevelt University, Robert Morris University, John Marshall Law School, and National Louis University, among others. Neighboring retailers include Target, Walgreens, Nordstrom Rack, Macy’s, TJ Maxx, Burlington, Five Below, Potbelly, Chipotle, Kilwin's, Chick Fil-A, Pizano’s, Nando’s, McDonald’s, Starbucks, Revival Food Hall and Dunkin’ among many others.
ATTACHMENTS
| Marketing Brochure/Flyer |
PROPERTY FACTS
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 5 | - | - |
Listing ID: 28083745
Date on Market: 3/28/2023
Last Updated:
Address: 318-320 S Michigan Ave, Chicago, IL 60604
The Grant Park Multifamily Property at 318-320 S Michigan Ave, Chicago, IL 60604 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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