# 1455 S. Michigan Avenue, Chicago, IL 60605

> **TL;DR:** commercial, $6,900,000, built 1910. Est. $36,903/mo. Listed 215 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $6,900,000 |
| Year Built | 1910 |
| Property Type | Commercial (Office) |
| Status | Active |
| Days on Market | 215 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $34,890 |
| Estimated Insurance | $2,013 |
| **Total** | **$36,903** |

## Property Highlights

- Built in 1910

## Description

### Agent 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.

## Location

- **Address:** 1455 S. Michigan Avenue, Chicago, IL 60605
- **County:** Cook

## Listing Agent

- **Name:** Michael Galvan
- **Brokerage:** Baird & Warner Real Estate
- **Broker Phone:** 7084601400

## Photos

![1455 S. Michigan Avenue - Photo 1](http://lh.rdcpix.com/ab226337fa42cb1b2089da700690a713l-f3412339977r.jpg)

![1455 S. Michigan Avenue - Photo 2](http://lh.rdcpix.com/ab226337fa42cb1b2089da700690a713l-f3237840030r.jpg)

![1455 S. Michigan Avenue - Photo 3](http://lh.rdcpix.com/ab226337fa42cb1b2089da700690a713l-f439211879r.jpg)

![1455 S. Michigan Avenue - Photo 4](http://lh.rdcpix.com/ab226337fa42cb1b2089da700690a713l-f1141908724r.jpg)

![1455 S. Michigan Avenue - Photo 5](http://lh.rdcpix.com/ab226337fa42cb1b2089da700690a713l-f52287561r.jpg)

![1455 S. Michigan Avenue - Photo 6](http://lh.rdcpix.com/ab226337fa42cb1b2089da700690a713l-f2097707856r.jpg)

![1455 S. Michigan Avenue - Photo 7](http://lh.rdcpix.com/ab226337fa42cb1b2089da700690a713l-f325609722r.jpg)

![1455 S. Michigan Avenue - Photo 8](http://lh.rdcpix.com/ab226337fa42cb1b2089da700690a713l-f399142927r.jpg)

![1455 S. Michigan Avenue - Photo 9](http://lh.rdcpix.com/ab226337fa42cb1b2089da700690a713l-f3551322973r.jpg)

![1455 S. Michigan Avenue - Photo 10](http://lh.rdcpix.com/ab226337fa42cb1b2089da700690a713l-f3656905346r.jpg)

![1455 S. Michigan Avenue - Photo 11](http://lh.rdcpix.com/ab226337fa42cb1b2089da700690a713l-f3342641634r.jpg)

![1455 S. Michigan Avenue - Photo 12](http://lh.rdcpix.com/ab226337fa42cb1b2089da700690a713l-f2838988686r.jpg)

![1455 S. Michigan Avenue - Photo 13](http://lh.rdcpix.com/ab226337fa42cb1b2089da700690a713l-f3092211662r.jpg)

![1455 S. Michigan Avenue - Photo 14](http://lh.rdcpix.com/ab226337fa42cb1b2089da700690a713l-f1368023333r.jpg)

![1455 S. Michigan Avenue - Photo 15](http://lh.rdcpix.com/ab226337fa42cb1b2089da700690a713l-f1589877273r.jpg)

![1455 S. Michigan Avenue - Photo 16](http://lh.rdcpix.com/ab226337fa42cb1b2089da700690a713l-f1396531116r.jpg)

![1455 S. Michigan Avenue - Photo 17](http://lh.rdcpix.com/ab226337fa42cb1b2089da700690a713l-f2154909234r.jpg)

---

**MLS#:** 12604128 | **Updated:** 2026-10-20
**Source:** listhub

*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.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/1455-s-michigan-avenue-chicago-il-60605-4705785ecb764d6490cd5e05228bc2ac)

---

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