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  • Price$7,500,000
  • Built1910

1455 S Michigan Avenue, Chicago

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 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. Please let me know if you would like to schedule a tour or receive additional information.

Essential Information

  • MLS® #12604128
  • Price$7,500,000
  • Bathrooms0.00
  • Year Built1910
  • TypeCommercial Sale
  • Sub-TypeOffice/Tech
  • StatusPrice Change
  • Taxes$198,859

Interior

  • CoolingCentral Air

Additional Information

  • Days on Market52
  • ZoningOFFIC

Community Information

  • Address1455 S Michigan Avenue
  • AreaCHI - Near South Side
  • CityChicago
  • CountyCook
  • StateIL
  • Zip Code60605

Exterior

  • ExteriorBrick

Listing Details

  • Listing OfficeBaird & Warner

Price Change History for 1455 S Michigan Avenue, Chicago, IL (MLS® #12604128)

Date Details Price Change
Price Change (from Active)
Price Reduced (from $7,888,000) $7,500,000 $388,000 ( 4.92% )
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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Gold Coast Realty are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.

Listing information last updated on May 20th, 2026 at 9:59pm CDT.