FOR SALE 30,415 SF LAND SITE CHICAGO’S “MOTOR ROW” DISTRICT 2328 SOUTH MICHIGAN AVE., CHICAGO, IL 60616 WILLIS TOWER JOHN HANCOCK CHICAGO LOOP MARRIOTT MARQUIS HOTEL SOLDIER FIELD MCHUGH HOTEL WINTRUST ARENA HYATT REGENCY CERMACK CTA STATION SUBJECT SITE MICHIGAN AVENUE CTA ENTRANCE MCCORMICK PLACE I-55 JAMESON COMMERCIAL REAL ESTATE MARK JONES, CCIM Senior VP, Investment Sales 425 W. North Ave | Chicago, IL 60610 (O) 312.335.3229
[email protected] www.jamesoncommercial.com ©Jameson Real Estate LLC. All information provided herein is from sources deemed reliable. No representation is made as to the accuracy thereof & it is submitted subject to errors, omissions, changes, prior sale or lease, or withdrawal without notice. Projections, opinions, assumptions & estimates are presented as examples only & may not represent actual performance. Consult tax & legal advisors to perform your own investigation. EXECUTIVE SUMMARY PRICE REDUCED: $6,750,000 PROPERTY DESCRIPTION Jameson Commercial is pleased to bring to market this 30,415 SF land site. The property is located in Chicago’s South Loop on South Michigan Avenue in the historic “Motor PROPERTY HIGHLIGHTS Row District” conveniently located adjacent to McCormick Place and just a 4-minute walk to the new CTA Greenline station. Although located in a historic district, the • Land Size: 30,415 SF site is one of the few unencumbered with historic landmark designation. A radical • Michigan Ave. Frontage: 170 FT transformation of the area is occurring with a number of significant new developments • Depth: 179 FT underway to transform the surrounding neighborhood into a vibrant entertainment • Zoning: DS-5 district.