These properties are easily accessible from Michigan Avenue, one of Chicago’s main thoroughfares Located just off Roosevelt Road, access is a snap from I-90 and Lakeshore Drive, as well. Public transportation goers are able to get to the properties by either the Roosevelt CTA station, serving the red, green and orange lines, as well as the Museum Campus / 11th Street Metra station, just 2 blocks away.
IMMEDIATE AREA
South Loop is one of Chicago’s hot spots for new residential development Condominium and loft builders have taken the area’s vacant lots by storm in recent years and the result is a flourishing new construction home market that has caught the attention of first-time buyers and second home investors alike Some 14,000 residents live within just a quarter-mile radius of these South Michigan Avenue properties, and that number grows every quarter.
The South Loop is one of Chicago’s biggest tourist destinations because it is home to Grant Park, which is famous for its huge outdoor summer festivals, concerts and events; and the Museum Campus is in the South Loop which houses the Shedd Aquarium, Alder Planetarium, Northerly Island and the Field Museum. Soldier Field, where the Chicago Bears play their games, is just steps away from Michigan Avenue. Grant Park is a bustling hub for the city’s endless schedule of festivals and fairs, including the famous week-long Taste of Chicago when local restaurateurs set up booths to show the world just why Chicago is one of America’s culinary capitals.
TENANT OVERVIEWS
POLISH ME NAILS AND SPA
Polish Me has been a stable tenant in the building since 2012. Known for their professional manicure and pedicure services, along with foot massage and waxing, they have built a loyal and repeat clientele, contributing to their stability and long-term success With over a decade of operation in the space, Polish Me has established itself as a trusted service provider in the local community, underscoring their stability and commitment to the location.
JIMMY JOHN’S
This multi-store Jimmy John's franchisee has been a dependable tenant in the property, selling their famous fast and fresh sandwiches from the space since 2006 This restaurant location has built a loyal clientele in the area, contributing to their almost 20 years of continued operation As a corporate entity, Jimmy John's operates over 2,800 locations nationwide, making it one of the largest and most recognized sandwich chains in the United States The company remains a stable and financially sound tenant, with a proven track record of longevity and growth
TENANT OVERVIEWS
LUXURA MODERN AESTHETIC
Luxura is a premium wellness and skincare destination owned by a practicing medical surgeon, also the owner of 2 other Luxura locations. Specializing in high-end skincare services, the spa offers a range of advanced treatments designed to rejuvenate and enhance its clients' beauty and wellness With state-of-the-art facilities and the latest in skincare technology, Luxura combines medical expertise with a lavish experience for its discerning clientele.
TOTAL HOLISTIC CARE BY CHITIVA
Chi'Tiva is a unique, innovative business offering hemp-infused creations, crafted by an award-winning pastry chef Their multiple locations have become destinations for those seeking both culinary delights and a vibrant community experience The lounge’s menu is designed to enhance wellness and foster a holistic approach to relaxation and enjoyment They focus on promoting a positive, inclusive atmosphere and sense of community, while helping guests achieve balanced, mindful well-being Their commitment to quality and creativity has made them a standout in the growing cannabis-infused culinary space
INVESTMENT OVERVIEW
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INVESTMENT OVERVIEW 1250 & 1400 S Michigan
This offering presents a stable, income-producing asset with significant upside potential. The property is currently well-leased with multiple strongperforming tenants, but there are substantial valueadded opportunities to further enhance returns by leasing the remaining vacant retail space, leasing the remaining available parking stalls, and expanding the income generated from the rooftop antennae space
The South Loop continues to see strong population growth, with average household incomes exceeding $140,000, which further supports the desirability of this location for both retailers and tenants. This is an excellent opportunity to acquire a stabilized, highquality retail asset in one of Chicago’s most vibrant and rapidly developing neighborhoods, with compelling returns and opportunities for value creation.
This is a rare opportunity to acquire a stabilized, highdemand retail asset in one of Chicago’s most soughtafter locations, offering both immediate income and long-term growth potential.
