Listing provided courtesy of Century 21 S.G.R., Inc.MREDas Distributed by MLSGrid- MLS# 12553674
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Request Info1631 S Michigan Avenue #103Chicago, IL 60616
Commercial$4,600
Active
1631 S Michigan Avenue #103 Overview
- Time on Site:
- 148 days
- Visits:
- 6
1,013 sq ft ground floor + 824 sq ft 2nd floor storefront located in the hot South Loop area. Currently built out as an office, but open to most retail environments. Easy access to public transportation, and surrounded by residential high-rises & retail businesses. Great opportunity you do not want to miss!
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1631 S Michigan Avenue #103 Facts & Features
- Type Commercial
Details
General
Association/HOA
- Association Fee Frequency: Not Applicable
Income/Expenses
- Existing Lease Type: Net
- Net Operating Income: 0
Building Information
- Year Built: 1910
Business Information
- Current Use: Commercial,Office
Location/Region
- County Or Parish: Cook
- MLS Area Major: CHI - Near South Side
- Township: South Chicago
Rent/Lease Information
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Taxes, Insurance, Repairs, Scavenger, Varies by Tenant
Tax Information
- Tax Annual Amount: $8,368.24
- Tax Year: 2024
General Information
- Property Type: Commercial Lease
- Zoning: COMMR
Interior
General Information
- Cooling: Central Air
- Electric: Circuit Breakers
- Foundation Details: Concrete Perimeter
- Leasable Area: 1837
- Stories: 5
Unit Information
- Unit SqFt.: 1837
- Unit Number: 103
Exterior
Building Exterior/Construction
- Construction Materials: Brick
1631 S Michigan Avenue #103 Neighborhood
Community
60616 (Chicago) Demographics
38
Median Age
11,385
Population Density (per sq. mile)
53%
College Educated
$61,843
Estimated Median Income
9,233
Estimated Total Home Owners
15,237
Estimated Total Renters
38% / 62%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.1631 S Michigan Avenue #103 Market Data
Based on the last 30 days in this zip code
$424,602
Average List Price
$328
Average Price per Square Foot
41
Properties Sold
58
Average Days on Market
142
Properties for Sale
1631 S Michigan Avenue #103 History
| Date | Value | Agent |
|---|---|---|
| 2/7/2026Source: MRED | Active |
|
| 2/2/2026Source: MRED | February 02, 2026 |
|
| 11/14/2022Source: MRED | Active |
|
| 11/9/2022Source: MRED | November 09, 2022 |
|
| 6/20/2022Source: MRED | January 27, 2022 |