2135 Michigan AveChicago, IL 60616

For Lease
$25/SF/YR View listing
  • Commercial real estate

Property Details for 2135 Michigan Ave

Property type
Commercial real estate
APN
17-22-319-030
APU
1722319030

Description

This exceptional 3,363-square-foot retail space is situated in Chicago's vibrant South Loop, at 2135 S Michigan Ave, 60616, offering unparalleled visibility and accessibility. Located in the Arrive Lex building, a 333-unit luxury apartment development, this single-tenant space boasts over 40 feet of frontage on Cermak Road, ensuring high traffic and brand exposure. Previously a fitness center, the space features complete infrastructure including bathrooms, locker rooms with showers, lockers, a reception area, two large workout areas with rubber flooring, and a private office – ideal for a variety of uses such as retail, medical, or office space. The building offers convenient on-site indoor parking. This prime location benefits from proximity to major attractions including Wintrust Arena (10,000 seats, over 300,000 annual visitors), McCormick Place Convention Center (approximately three million annual visitors), the Marriott Marquis Chicago (1,200 rooms), and a Hilton hotel complex (450 rooms). Nearby establishments include South Loop Market, Subway, Lerner & Roew Law Offices, IL Culaccino restaurant, Starbucks, and Fatpour Tavern, creating a thriving commercial environment. The property is in Cook County and is part of a building constructed in 2008 with a total of 350,000 square feet. The building includes elevators.

2135 Michigan Ave, Chicago, Illinois

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.8533
Longitude
-87.6232
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$62,402
$176,856
$125,589
$302,445
-
$707,424
$502,356
$1,209,780

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