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Executive Summary

The McCormick Building is a 14-story Class B office tower originally constructed in 1910 and recently renovated to accommodate current business needs. The property includes a mix of office and retail spaces, totaling 348,890 square feet of usable space. This exceptional asset is strategically positioned with direct access to major thoroughfares, including Interstates 90 and 55, and is just minutes from both Midway and O’Hare International Airports. Its location offers unparalleled connectivity to the city’s central business district, making it an attractive opportunity for investors and developers. View the deal page here: https://platform.reverecre.com/project/4b75bbab-fa4d-44db-8d72-ebc80eeb1fe8

Property Facts Under Contract

Sale Type
Investment
Property Type
Office
Building Size
348,890 SF
Building Class
B
Year Built/Renovated
1910/1984
Tenancy
Multiple
Building Height
20 Stories
Typical Floor Size
17,445 SF
Slab To Slab
12’
Building FAR
10.82
Lot Size
0.74 AC
Zoning
B6-7, Chicago

Amenities

  • 24 Hour Access
  • Bus Line
  • Commuter Rail
  • Conferencing Facility
  • Food Service
  • Metro/Subway
  • Property Manager on Site
  • Security System
  • Signage
  • Air Conditioning
Exceptionally walkable
100/100
Very drivable
80/100
Exceptional public transit
100/100
Exceptionally bikeable
90/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 17-15-107-049-1001
  • 17-15-107-032-0000
Land Assessment
$577,180
Improvements Assessment
$8,845,180
Total Assessment
$9,422,360
  • Listing ID: 35933521

  • Date on Market: 5/21/2025

  • Last Updated:

  • Address: 332 S Michigan Ave, Chicago, IL 60604

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