# 1455 S. Michigan Avenue, Chicago, IL 60605

> **TL;DR:** commercial, $7,500,000, built 1910. Est. $32,500/mo. Listed 63 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $7,500,000 |
| Year Built | 1910 |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 63 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $32,500 |
| **Total** | **$32,500** |

## 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 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.

## Location

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

## Listing Agent

- **Name:** Michael Galvan
- **Brokerage:** Baird & Warner Orland Park
- **Phone:** 7737328843
- **Email:** michael.galvan@bairdwarner.com

## Primary Photo

![1455 S. Michigan Avenue - Primary Photo](http://lh.rdcpix.com/d778ef236a58f8afefb21e133a69230cl-f3412339977r.jpg)

*17 total photos available on [listing page](https://www.propertysimple.com/listing/1455-s-michigan-avenue-chicago-il-60605-12604128)*

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**MLS#:** 12604128 | **Updated:** 2026-06-18
**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://www.propertysimple.com/listing/1455-s-michigan-avenue-chicago-il-60605-12604128)

---

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