Contacts
Tony Hardy
Keller Williams ONEChicago
(773) 575-6082
Travis Montgomery
Keller Williams ONEChicago
Kelly Rich
Keller Williams ONEChicago
(630) 667-6276
Ariana Abercrumbie
Keller Williams ONEChicago
(312) 805-3756
Property Details
- Property Type Retail
- Units 0
- Lot Size 10,800 Acre
- Property Tenancy Single Tenant
- Date Updated Apr 26, 2024
Please to present the land parcel at 1316 S. Michigan Ave. in the South Loop market of Downtown Chicago, IL. The property located at 1316 S. Michigan in Downtown Chicago, IL, is a prime retail and land property that offers an exceptional opportunity for investors and business owners alike. The property consists of a 2,000-square-foot retail space, as well as a total of 10,800 square feet for the land, making it an ideal location for a variety of businesses.
Located in the heart of Downtown Chicago, the property benefits from a prime location that offers excellent visibility and foot traffic. The surrounding area is a bustling commercial and residential district, with numerous shopping and dining options, as well as a variety of entertainment venues and cultural attractions.
Currently, the property serves as a paved parking lot and a hospitality facility known as Hotel BnB. The single-story building occupies only 2,000 square feet of the 10,800-square-foot lot; therefore, demolition and site work costs would be minimal in the event of vertical construction redevelopment.
Overall, the property at 1316 S. Michigan represents an exceptional opportunity for investors and business owners looking to establish a presence in one of the most dynamic and thriving neighborhoods in Downtown Chicago. With its prime location, modern amenities, and ample potential for growth and development, this property is a must-see for anyone interested in investing in the future of Chicago's retail and commercial landscape.
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Getting around
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95/100
Walk Score ®
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92/100
Transit Score ®
-
93/100
Bike Score ®
Location
- City Chicago, IL
- Neighborhood South Loop
- Zip Code 60605
- Market Chicago
Points of Interest
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Roosevelt
0.19 miles
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Museum Campus/11th Street
0.30 miles
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Polk
0.51 miles
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Harrison
0.62 miles
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Harrison Red Line
0.63 miles
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LaSalle Street Station
0.79 miles
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LaSalle
0.80 miles
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LaSalle - Blue Line
0.80 miles
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Van Buren Street
0.82 miles
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Harold Washington Library-State/Van Buren
0.84 miles
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BP
0.13 miles
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BP
0.78 miles
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Tesla Supercharger
0.84 miles
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Mobil
0.92 miles
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Citgo
1.04 miles
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Tesla Supercharger
1.50 miles
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Gas Depot
1.53 miles
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Citgo
1.66 miles
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Shell
1.66 miles
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BP
1.88 miles
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1130 South Michigan Garage
0.29 miles
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901 South Plymouth Court Garage
0.38 miles
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North Garage
0.40 miles
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Plymouth Court Garage
0.58 miles
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Waldron Parking Deck
0.62 miles
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Auditorium Parking
0.70 miles
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18th St Lot
0.73 miles
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Chinatown Parking
0.77 miles
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Pay Box
0.80 miles
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South Lot
0.80 miles
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Giordano's Pizzeria
0.05 miles
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Kurah Mediterranean
0.06 miles
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Minghin
0.09 miles
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The Chicago Firehouse Restaurant
0.10 miles
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Dunkin'
0.11 miles
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Crave Cafe and Lounge
0.13 miles
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Kai Sushi
0.13 miles
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Subway
0.14 miles
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Aurelio's Pizza
0.14 miles
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Potbelly
0.17 miles
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Jewel-Osco
0.12 miles
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Trader Joe's
0.18 miles
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Target
0.38 miles
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Mariano's Fresh Market
0.47 miles
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Whole Foods Market
0.76 miles
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Southgate Market
0.77 miles
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Marshalls
0.78 miles
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Jewel-Osco
0.80 miles
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Burlington
0.83 miles
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The Maxwell
0.84 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
