Chicago, IL 60628,11218 S Michigan AVE
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$ 399,000
Est. payment | /mo

36,000 SqFt


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$ 399,000
Est. payment | /mo
Save

36,000 SqFt

Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Sale

Square Footage 36,000 sqft

Price per Sqft $11

MLS Listing ID 12470924

Year Built 1950

Annual Tax Amount $13,950

Tax Year 2023

Lot Dimensions 116x80

Property Sub-Type Retail/Stores

Property Description

Located in an Opportunity Zone at the corner of 112th Place and Michigan Avenue, this 36,000-square-foot, four-story retail building with a full basement and freight elevator is now available for sale. The street-level storefront is currently leased to a furniture store, generating approximately $48,000 in annual rent. The fireproof structure with sprinklers throughout offers excellent redevelopment potential-ideal for conversion to self-storage or other commercial uses-while providing steady income from the existing tenant.

Location

State IL

County Cook

Area Chi - Roseland

Interior

Cooling Central Air

Fireplace N

Building

Dwelling Type Retail/Stores

Midwest Real Estate Data (MRED) IDX
Listed by Larisa Salma Zahdan of  My Realty Chicago Inc 
SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    McDade Elementary Classical School

    Public | KG - 6

  • 10

    Poe Elementary Classical School

    Public | KG - 6

  • 9

    Earhart Options for Knowledge Elementary School

    Public | KG - 6

  • 8

    McDowell Elementary School

    Public | KG - 5

  • 6

    Turner-Drew Elementary Language Academy

    Public | KG - 8

  • 5

    Colemon Elementary Academy

    Public | PK - 8

  • 5

    Barnard Elementary School

    Public | KG - 8

  • 5

    Whistler Elementary School

    Public | PK - 8

  • 5

    Kipling Elementary School

    Public | KG - 8

  • 5

    R. Brown Elementary Community Academy

    Public | PK - 8

  • 5

    Burnside Elementary Scholastic Academy

    Public | PK - 8

  • 4

    Vanderpoel Elementary Magnet School

    Public | KG - 8

  • 4

    Shoop Math-Science Technical Academy Elementary School

    Public | PK - 8

  • 4

    W. Green Elementary School

    Public | KG - 8

  • 4

    Higgins Elementary Community Academy

    Public | PK - 8

  • 4

    M. Garvey Elementary School

    Public | KG - 8

  • 4

    Fernwood Elementary School

    Public | PK - 8

  • 4

    Dunne Technology Academy

    Public | PK - 8

  • 4

    Evers Elementary School

    Public | KG - 8

  • 4

    Haley Elementary Academy

    Public | PK - 8

Middle Schools 2
  • 5

    Calumet Elementary School

    Public | 6 - 8

  • 0

    Banner Therapeutic Day School

    Private | 7 - 12

High Schools 10
  • 10

    Brooks College Preparatory Academy High School

    Public | 9 - 12

  • 6

    Fenger Academy High School

    Public | 9 - 12

  • 6

    Harlan Community Academy High School

    Public | 9 - 12

  • 6

    Carver Military Academy High School

    Public | 9 - 12

  • 5

    Julian High School

    Public | 9 - 12

  • 4

    Morgan Park High School

    Public | 9 - 12

  • 4

    Corliss High School

    Public | 9 - 12

  • 0

    Prologue - Johnston Fine Arts High School

    Public | 9 - 12

  • 0

    Chicago Excel Academy High School

    Public | 9 - 12

  • 0

    Banner Academy South

    Private | 9 - 12

School and business data provided by Attom Data.
Mark Rantis

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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11218 S Michigan AVE