$399,000

11218 S Michigan Avenue, Chicago, IL 60628

  • 36,000 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1950
  • Property Lot Size Icon9,148sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $11/sqft
  • Property List Date Icon Listed 22 days ago

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.

Listing Status:
Active
Listing Office:
My Realty Chicago Inc : 312-678-7200
Listing Agent:
Larisa Salma Zahdan : 312-678-7200
MLS ID:
12470924
  • A/C: Central Air
  • Originating MLS: mred
  • County: Cook
  • Zoning: 25221050340000
  • Utilities: Service - 201 to 600 Amps
  • Source: mred

This listing courtesy of Larisa Salma Zahdan, My Realty Chicago Inc

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Curtis Elementary School

32 E 115th St, Chicago, IL, 60628

Grades PK-8

0.31 miles away

C

Curtis Elementary School

32 E 115th St, Chicago, IL, 60628

Grades PK-8

0.31 miles away

B

Brooks College Preparatory Academy High School

250 E 111th St, Chicago, IL, 60628

Grades 7-12

0.39 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.