2240 Michigan Avenue

    Chicago, IL 60616
    • $1,495,000
    • STATUS: Active
    • ON SITE: 297 days
    • MLS #: 10091210
    UPDATED: 68 min ago
    $1,495,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1
      SQFT
    • $1,495,000
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1889
    County:

    School Ratings & Info

    Description

    Around the corner from MC-CORMICK PLACE: Seller receptive to 1031 EXCHANGE or Trade. 2 Story Brick Commercial Building Containing 7 unit Office Complex. Property gutted and rebuilt in 1996.

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    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by MTP, MRED or The Mattz Mega Group | Keller Williams Preferred Realty. Based on information submitted to the MRED as of 2019-07-17T13:53:31.08 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    www.themattzgroup.com/homes/87848010

    2240 Michigan Avenue Chicago, IL 60616

    • Price: $1,495,000
    • Status: Active
    • Updated: 68 min ago
    • MLS #: 10091210
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1
    SQFT
    $1,495,000
    $/SQFT
    1889
    Built
    Neighborhood:
    Chi - Near South Side
    County:
    Cook
    Area:
    Chi - Near South Side
    Property Description
    Around the corner from MC-CORMICK PLACE: Seller receptive to 1031 EXCHANGE or Trade. 2 Story Brick Commercial Building Containing 7 unit Office Complex. Property gutted and rebuilt in 1996.
    Exterior Features

    Construction Brick Docks None Foundation Concrete Frontage Access City Street Location Public Transport Avail Lot Dimensions 33X173' Lot Sq Ft 6032 Number Of Parking Spaces 5 Number Of TLDocks 0 Roof Coverings Rubber Roof Structure Flat

    Interior Features

    Air Conditioning Central Air Fire Protection Fire Extinguisher/S Floor Finish TileWood Indoor Parking 1-5 Spaces Miscellaneous Inside Common Meeting Room/S Number Of Drive In Doors 1 Number Of Stories 2

    Property Features

    Age Older Built Before1978 YN Yes Current Use Office And Research Electrical Service Circuit Breakers201-600 Amps Expense Year 2017 Exterior Building Type Brick Extra Storage Spaces Available YN Yes Geographic Locale Downtown ChicagoChicago South Gross Rentable Area 6670 Gross Rental Income Amount 13080 Heat Ventilation Forced AirGas Investment YN Yes Known Encumbrances None Known Max Avail Sq Ft Rentable 2980 Min Avail Sq Ft Rentable 600 Net Oper Income Amount 57683 Net Operating Income Year 2017 Net Rentable Area 3690 Number Of Tenants 5 Possession Tenant's Rights Potential Use Office And Research Property Offered For Sale Only Sale Terms Conventional Tax Year 2017 Taxes 44090 Tenant Pays Air ConditioningElectricHeat Total Annual Exp 73117 Total Annual Expense Source Owner Projection Total Annual Income 130800 Total Monthly Income 10900 Township South Chicago Unincorporated YN No Utilities To Site Electric To SiteGas To SiteSanitary Sewer To SiteSewer-Storm AvailableWater-MunicipalWater To Site Water Drainage Floor DrainsStorm Sewers Zoning Type Offic

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of National City Realty.


    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by MTP, MRED or The Mattz Mega Group | Keller Williams Preferred Realty. Based on information submitted to the MRED as of 2019-07-17T13:53:31.08 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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