1507 South Michigan AvenueChicago, IL 60605Price: $6,500,000

  • Price: $6,500,000
  • 10 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 3.13% last updated on Apr 8, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 29,500Square Feet
  • 1903Year Built

Listing Tools

We are pleased to present 1507 S Michigan. Originally built in 1903, this building has an excellent unit mix consisting of 6 units that are each $4,500 SQ FT. Chicago's South Loop, a colorful 74-square-block neighborhood that is home to iconic Chicago museums, lakefront parks and popular South Loop event venues, including gourmet restaurants and luxury hotels. South Loop venues are within close proximity to downtown Chicago and features fantastic public transportation options, including access to all four Chicago Transit Authority (CTA) rail lines. The neighborhood is located only eight miles from Midway International Airport and 20 miles from O'Hare International Airport. The Loop, along with the rest of downtown Chicago, is the second largest commercial business district in the United States, after New York City's Midtown Manhattan. The Dearborn Station is the oldest train station still standing in Chicago, which is currently retail and office space. Former warehouses and factory lofts have now been converted to residential buildings. Meanwhile, land vacancies have experienced new townhomes and high-rises developments. South Loop appears to be a magnificent treasure hunt full of views of Lake Michigan. Between the Show Place ICON theater to the Alder Planetarium. There are miles upon miles of family fun and five-star dining restaurants. More than a dozen restaurants and attractions within a five minute walk. Including The Chicago Firehouse Restaurant, AO Hawaiian, Harbor, Victory Tap, Also located in the South Loop is the new hotel and arena at McCormick Place. Please contact Listing agent for Financials and offering memorandum.

Driving Directions

Property Details

Other Details

Listed by Anthony Hardy and Cody Danielczyk of Keller Williams ONEChicago

Based on information submitted to MRED  as of April 14, 2021 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

$

Do not fill in this field: