About This Home

This 0-bedroom, 0-bathroom commercial at 1455 S. Michigan Avenue in Chicago, IL is listed for $6,900,000. Built in 1910, on a N/A lot.

Key Features

  • Built in 1910

Property Details

1910
Listing Description

Baird and Warner is pleased to present a unique investment or owner-user opportunity in the heart of Chicago's vibrant South Loop corridor. Located on an 1/2 acre land site, this 22,500 SF office building offers a rare combination of immediate cash flow and significant future upside.

The property currently houses a successful operating day care business generating over $2,000,000 in revenue, making it an ideal acquisition for a corporate headquarters or an owner-user looking to establish a flagship presence in a high-growth area. Furthermore, the property's current DX-7 zoning provides a versatile foundation for various strategic plays.

Investors can choose to maintain the existing structure for long-term appreciation or capitalize on the site's potential for high-rise development, which promises a substantial return on investment. This offering represents a rare chance to acquire a significant footprint in one of Chicago's strongest corridors.

Whether you are looking for a stable investment or a site with transformative development potential, this property is positioned for long-term value. Let's schedule a tour or contact me to receive additional information. Ownership will convey the business at no cost to consummate a sale.

Monthly Cost Estimate

$36,903/mo

20% down · 6.5% · 30 years

Principal$4,990
Interest$29,900
Insurance$2,013

Estimates only. Actual payments may vary.

Location

1455 S. Michigan Avenue

Chicago, IL 60605

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 1455 S. Michigan Avenue is listed at $6,900,000. The estimated monthly payment is $36,903 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1910.

This property is listed by Michael Galvan.

MG

Michael Galvan

Agent at Baird & Warner Real Estate

Listed by Baird & Warner Real Estate · Broker phone: 7084601400 · Broker website

MLS# 12604128· Source: Baird & Warner Real Estate· 214 days on PropertySimple

Copyright © 2026 Baird & Warner Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1455 S. Michigan Avenue, Chicago, IL 60605

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