Listed by Windy City RE LLC
Unpriced
2229 South Michigan Ave
Details
Property Type Retail, Office
Square Footage 29,834
Tenancy Multi
Lease Type Modified
Broker Co-Op Yes
Class B
Year Built 1918
Year Renovated 2018
Buildings 1
Stories 4
Zoning DS-5
Investment Type Stabilized
Retail | 29,834 SqFt
Marketing description
2229 S Michigan is a charming, decorative building that lends itself to many different users. Zoning can accommodate public, institutional, retail and residential uses. With close proximity to McCormick Place, Millennium Park, CTA Red & Green Line, I-55 Expressway, and Downtown Chicago.
The building features solid construction, an appealing and historic façade and very high ceilings. Formerly a Ford Motor Company showroom, this building is part of Chicago's historic Motor Row, soon to be the Entertainment District.
Located in the South Loop, this building is a short distance from McCormick Place, Wintrust Arena, 800-room Hyatt Hotel and Marriott Marquis Hotel. It is also just two blocks from the Cermak Green Line L Station. A $390M expansion project to grow the nearby area is underway to create McCormick Square: a destination for new nightlife, hotels, and retail attractions.
Investment highlights
- Located near McCormick Place Convention Center, which attracts nearly 3 million visitors annually.
- Near the Motor Row District along South Michigan Avenue and nearby Prairie Avenue District.
- Business professionals and students have brought new life and redevelopment, filling the restaurants, music clubs, smaller theaters and museums that have all established themselves in the community.
- Near the 10,000-seat multipurpose Wintrust Arena. Uses range from women's and men's basketball games, concerts, family shows and business conventions to name a few.
- The new 1,200-room Marriot hotel with 93,000 square feet of elegant event space, including two 25,000-square-foot ballrooms.
- Walking distance from CTA “L” station (Red, Orange and Green Lines).
- Proximity to the interstate system I-90/94, I-55 and Lake Shore Drive.
Listing Contacts
Listed by Windy City RE LLC
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