1827 S Michigan Avenue, Chicago IL, 60616

Sold

1827 S Michigan Avenue

Chicago IL, 60616

$2,885,000

$231.17 per sqft

Sold

12,480 sqft

Commercial

Built in 1920

Courtesy of Millennium Properties RE, Inc.

A two-story, 12,450 square foot mixed-use building on Michigan Avenue in the South Loop is available for sale. The building includes a 4,100 square foot space leased to Ora Studios, a dental and oral surgery practice. An additional 300 square foot garage/warehouse at the back of the building is being used as storage by the tenant. The entire 6,200 square foot second floor is built out as a luxury residence. Currently, the unit is built out as a two-bedroom, three and a half bath space with an open concept living/dining room, an office and music room, and a den. The unit also includes a gym, sauna, wine cellar, laundry room and mechanical room. The property also includes 11 parking spaces plus three garage spaces.

10765112

MLSⓇ ID

June 30, 2020

Listed

March 28, 2024

Updated

Map

1827 S Michigan Avenue
Chicago IL, 60616

Interior Features

Total Stories: 2
Fireplace: No
Cooling: Yes
Cooling Description: Central Air
Heating: No

Exterior/Building Features

Lot Size: 0.15 Acres

Other Property Details

Area Name: CHI - Near South Side
Taxes: $38,414
Tax Frequency: Annually
Days on Market: 582
Garage: No
View: No
County: Cook
Pool: No
Buyer Agency Compensation: 2.25% - $395

Courtesy of Millennium Properties RE, Inc., Susan Silver,
Listing Contact: 312-338-3000

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity^SM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Michael LaFido are marked with the Broker Reciprocity^SM logo or the Broker Reciprocity^SM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the MLS GRID for MRED 3/28/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Data last updated 4:18 AM UTC, 3/28/2024