1467 S Michigan Ave

Chicago, IL 60605

$2,900,000
Price
—
Beds
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Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
a front view of a house with parking
a view of a building with car parked
a view of a tall building next to a road
a front view of a multi story building with retail shops
a bird view of a multi story building

Description

Own a piece of Michigan Avenue. 22,000 sqft Building plus (21X161) side lot. 63 Feet of frontage on Michigan Avenue. Excellent DX-7 zoning for ground up redevelopment or repositioning of the existing structure 10,171 sqft Land Site. Multiple Pins 17-22-108-016, 17-22-108-017, 17-22-108-018. 3rd Ward Alderman Pat DowellOwn a piece of Michigan Avenue. 22,000 sqft Building plus (21X161) side lot. 63 Feet of frontage on Michigan Avenue. Excellent DX-7 zoning for ground up redevelopment or repositioning of the existing structure 10,171 sqft Land Site. Multiple Pins 17-22-108-016, 17-22-108-017, 17-22-108-018. 3rd Ward Alderman Pat Dowell
  1. Listed by Denis Ascot • Ascot Realty Group, Inc.
    P: (312)-203-0049 C: (312)-203-0049 dascot@ascotrealty.com

Property Details for 1467 South Michigan Avenue

Area
CHI - Near South Side
Air Conditioning Type
None
LISTING UPDATED: 12/11/2025 01:09 PM

Property Details for 1467 South Michigan Avenue

StatusPrice Change
MLS #12424179
Days on Market150
Taxes$139,254 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1898
Lot Size0.23 AC / 10,171 SF
CountyCook County

Location

Listing Courtesy of Ascot Realty Group, Inc.
Add your commute

Building Information for 1467 South Michigan Avenue

Stories3Residences-Year Built1898Lot Size0.23 AC / 10,171 SF

Payment Calculator

$25,934 per month

30 year fixed, 6.28% Interest

Principal and Interest

$14,330

Property Taxes

$11,605

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1467 South Michigan Avenue

General Information
Addtl Parking Information
  • Outdoor Parking: 6-12 Spaces
Location and General Information
  • Geographic Locale: Downtown Chicago,Chicago South
  • Information: None
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Air Conditioning: None
  • Electric: Service - 201 to 600 Amps, Power - 120V
  • Heat/Ventilation: None
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 0
Property/Lot Information
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 161X63
  • Lot Size Square Feet: 10171.0
  • Stories: 3
  • Construction: Brick, Concrete
  • Fire Protection: Fire Extinguisher/s
  • Building Area Total: 20000
  • # Of Offices: 0
  • # Of Stores: 3
  • Property Sub Type: Mixed Use
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2025-07-31T20:48:50
  • Photos Count: 5
Miscellaneous
  • Current Use: Commercial
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 0
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $.00
  • Total Monthly Income: 0
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 1467 South Michigan Avenue

DateEvent & SourcePriceAppreciation
Dec 11, 2025

Price Change

MRED #12424179

$2,900,000—
Jul 18, 2025

Listed (Active)

MRED #12424179

$3,500,000—
DateEvent & SourcePrice
12/11/2025

Price Change

MRED #12424179

$2,900,000
07/18/2025

Listed (Active)

MRED #12424179

$3,500,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1467 South Michigan Avenue

Taxable ValueLand$63,393Additions$233,714Total$297,107
Tax Record2023$62,893 ($5,241 / month)
Home Facts
Total Finished SqFt22,800 SqFtAbove Grade Finished SqFt22,800 SqFtStories3Lot Size3,381 SqFtStyleStoresYear Built1898CountyCOOKAPN17-22-108-017

Schools near 1467 South Michigan Avenue

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
South Loop Elementary School
Public - PK to 8
Phillips Academy High School
Public - 9 to 12
Art in Motion Charter School
Charter - 7 to 11
Plato Learning Academy Elementary School
Public - K to 8
Rating
School
Distance
South Loop Elementary School
PublicPK to 8

Phillips Academy High School
Public9 to 12

Art in Motion Charter School
Charter7 to 11

Plato Learning Academy Elementary School
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1467 South Michigan Avenue, Chicago, IL 60605

1467 South Michigan Avenue is a mixed use property for sale in Chicago, IL 60605. This property was listed for sale on July 18, 2025 by Ascot Realty Group, Inc., it's currently listed at $2,900,000. This listing's school district is Chicago Public Schools. Nearby schools include South Loop Elementary School, Phillips Academy High School and Art in Motion Charter School. 1467 South Michigan Avenue is a 0-bed, 0-bath, mixed use property built in 1898.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Ascot Realty Group, Inc.

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/11/2025 01:09 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.