Contacts
Tony Hardy
Keller Williams ONEChicago
Travis Montgomery
Keller Williams ONEChicago
Kelly Rich
Keller Williams ONEChicago
Ariana Abercrumbie
Keller Williams ONEChicago
Property Details
- Property Type Retail
- Units 0
- Lot Size 10,800 Acre
- Additional Rent Contact for pricing
- Property Tenancy Single Tenant
- Date Updated Nov 20, 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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94/100
Walk Score ®
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94/100
Transit Score ®
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93/100
Bike Score ®
Location
- City Chicago, IL
- Neighborhood South Loop
- Zip Code 60605
- Market Chicago
Points of Interest
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Harold Washington Library-State/Van Buren
0.85 miles
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Cermak-McCormick Place
0.92 miles
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Adams/Wabash
1.00 miles
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Quincy
1.06 miles
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Clinton
1.12 miles
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Halsted Street
1.23 miles
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Millennium Station
1.33 miles
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Lake
1.35 miles
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UIC-Halsted (Halsted Street)
1.38 miles
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State/Lake
1.44 miles
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BP
0.14 miles
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Tesla Supercharger
0.85 miles
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ChargePoint
0.88 miles
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Citgo
1.05 miles
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eVgo
1.08 miles
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Blink
1.09 miles
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Gas Depot
1.54 miles
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Volta
1.56 miles
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Shell
1.67 miles
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Blink ParkChip Garage - 1035 Van Buren
1.69 miles
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SP+
0.36 miles
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North Garage
0.39 miles
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901 South Plymouth Court Garage
0.39 miles
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Impark
0.45 miles
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Hilton Parking
0.53 miles
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Dearborn Village 1
0.57 miles
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Dearborn Village 2
0.59 miles
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Plymouth Court Garage
0.59 miles
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Dearborn Village 3
0.59 miles
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Waldron Parking Deck
0.60 miles
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Giordano's Pizzeria
0.04 miles
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Kurah Mediterranean
0.05 miles
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AO Hawaiian Hideout
0.06 miles
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Jimmy John's
0.07 miles
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The Chicago Firehouse Restaurant
0.09 miles
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Minghin
0.10 miles
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Flo & Santos
0.11 miles
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Dunkin'
0.12 miles
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Crave Cafe and Lounge
0.13 miles
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Subway
0.14 miles
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Jewel-Osco
0.13 miles
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Trader Joe's
0.20 miles
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Target
0.40 miles
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Mariano's Fresh Market
0.48 miles
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Whole Foods Market
0.77 miles
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Southgate Market
0.79 miles
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Marshalls
0.80 miles
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McCormick Market
0.84 miles
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Burlington
0.84 miles
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The Maxwell
0.85 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.
