What is the asking price for 2419 S. Michigan Ave. ?

The lease rate for space here is Contact for pricing.

What is the total size of 2419 S. Michigan Ave. ?

The property has a total square footage of 10,774 SF.

How many parking spaces are available at 2419 S. Michigan Ave. ?

Parking information for the property isn't currently listed. However, other nearby parking options include McCormick Place Parking Lot A, located 0.26 miles away , and McCormick Place Parking Lot B, which is 0.51 miles away.

2419 S. Michigan Ave. , Chicago, IL 60616

For Sale $1,750,000
Property Type Industrial - Warehouse/Distribution
Property Size 10,774 SF
Lot Size 0.25 Acre
Date Updated Dec 1, 2025
Dock High Doors 1
HVAC None

Description

Explore the vibrant neighborhood surrounding the property at 2419 S. Michigan Ave., Chicago, IL, 60616. Nestled within the historic Motor Row District, the area offers easy access to major transportation arteries, including I-55 and I-90/94, making it a prime location for Industrial/Warehouse/Distribution investors. Nearby, discover the dynamic McCormick Place Convention Center, the sprawling warehouse-turned-retail complex of The Maxwell, and the popular dining and entertainment attractions of the South Loop. With its rich industrial heritage and proximity to essential amenities, this area presents an exceptional opportunity for investors seeking a strategic commercial real estate investment in Chicago.Introducing a prime investment opportunity in the Chicago area: a remarkable 10,774 sq. ft. building, zoned DS-5, perfectly positioned for Industrial/Warehouse/Distribution operations. With a total land size of approximately 20,294 sq. ft. and 25 off-street parking spaces, this stand-alone property offers exceptional versatility and convenience. Boasting a generous frontage of 64' on Michigan Avenue, a drive-in door for easy access, and a clear span layout with 18' clear ceiling height, it is well-suited for a range of enterprises. This rare find, with immediate access to transportation corridors and visibility from I-55, presents an outstanding opportunity for discerning investors seeking a strategic foothold in the bustling Chicago market.

Highlights

Across the street from the largest convention center in North America, McCormick Place.
Alderman: Pat Dowell | 3rd Ward
Ceiling Height: 18’ Clear
Column Spacing: Clear Span; No Columns
Frontage on I-55 (Stevenson) Expressway with visibility from 103,700 vehicles per day.
Frontage: 64’ on Michigan Avenue
Immediate access to multiple expressways and major transportation corridors.
Loading: 1 Drive-In Door
Off-Street Parking: 25 Spaces
Parcels: 17-27-117-004-0000; 17-27-117-005-0000; 17-27-117-031-0000; 17-27-117-035-0000
Potential Incentives: Qualified Opportunity Zone, Class L Property Tax Incentive, Landmark District permit fee waiver program, & 24th/Michigan TIF.
Rare stand-alone building with off-street parking.
RE Taxes: $96,668 ($8.97 per Sq. Ft.)
Sale Price: $1,750,000
Total Building Size: ± 10,774 Sq. Ft.
Total Land Size: ± 20,294 Sq. Ft.
Within walking distance to variety of public transit options: CTA train, CTA bus, Metra train, & bike stations.
Zoning: DS (Downtown Service)