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$2,900,000
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Property Description
Own a piece of Michigan Avenue. Three Story 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
Full Property Details
Full Property Details for 1467 S Michigan Ave
General
- Price: $2,900,000
- Taxes: $139,254 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12533721
- Updated: 12/22/2025
- Added to Site: 109 day(s) ago
Additional Information
- Security/Safety: Fire Extinguisher(s)
Location
- Area: CHI - Near South Side
- County: Cook
- Driving Directions: ROOSEVELT TO MICHIGAN, SOUTH TO 1465 S. MICHIGAN
- Location Details: Downtown Chicago, Chicago South
Heating & Cooling
- Cooling Type: None
- Heating Type: None
Structural Information
- Construction: Brick, Concrete
- Exterior Const.: Brick, Concrete
- Stories/Levels: 3
- Square Feet: 20,000
- Current Bldg. Use: Commercial
- Year Built: 1898
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 10,171
- Lot Dimensions: 161 x 63
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1898
- Tax Amount: $139,254
- Tax Year: 2023
Disclosures and Reports
- Property ID: 17221080160000
Listed by Ascot Realty Group, Inc.
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Schools
Schools serving 1467 S Michigan Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
South Loop Elementary School 1212 South Plymouth Court, Chicago, IL 60605 | PK-8 | 0.4 mi |
Phillips Academy High School 244 East Pershing Road, Chicago, IL 60653 | 12-11 | 2.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1467 S Michigan Ave
Date
Details
Price
Change
Source
12/16/2025
Listed
$2,900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1467 S Michigan Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$62,893
3%
$297,107
—
2022
$61,301
38%
$297,107
35%
2021
$44,368
-9%
$219,981
—
2020
$48,803
140%
$219,074
117%
2019
$20,306
-53%
$101,068
-54%
2018
$43,148
-7%
$218,435
1%
2017
$46,466
145%
$215,852
128%
2016
$18,930
-52%
$94,512
-56%
2015
$39,554
249%
$215,851
253%
2014
$11,335
-26%
$61,093
-27%
2013
$15,310
-57%
$84,180
-58%
2012
$35,852
—
$199,791
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1467 S Michigan Ave
1467 S Michigan Avenue, Chicago, IL 60605 (MLS# 12533721) is a Commercial property. 1467 S Michigan Avenue is currently listed for $2,900,000 and was received on December 16, 2025. Want to learn more about 1467 S Michigan Avenue? Do you have questions about finding other Commercial real estate for sale in Near South Side? You can browse all Near South Side real estate or contact a Coldwell Banker agent to request more information.

