Chicago, IL 60628 11411 S Michigan Avenue

$129,500

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Presented By: Coldwell Banker Realty
  • MLS# 12277718
  • 01/26/2025
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  • SQFT • 4,032

Home Details

HUGE OPPORTUNITY*** THE RED MUTLI-BILLION RED LINE EXTENSION HAS BEEN APPROVED *** This mixed-use ASSET has GREAT VALUE APPRECIATION POTENTIAL. ***1.) The building is in the MIDDLE of Three (3) multi-million dollar City of Chicago Invest South/West Development Projects and 2.) The building is only two (2) Blocks for the Planned CTA Red Line Extension Project (RLEP), Train Station. *** The ASSET has Fantastic Potential for many kinds of businesses; a barbershop, retail store, office etc., on the main level. There is a two (2) bedroom one (1) bathroom apartment on the second floor. THERE IS ALSO a large separate back space that may be used or rented as needed. The walkout basement is subdivided, and has tall ceilings. BEING SOLD AS-IS WHERE-IS. Schedule by Appointment Only.
Presented By: Coldwell Banker Realty

Interior Features for 11411 S Michigan Avenue

Other Interior Features

Total Fireplaces

General for 11411 S Michigan Avenue

Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick
CoolingCentral Air
CountyCook
Current UseCommercial
Directions111th Street to Michigan Avenue. South on Michigan Avenue to 11411 S. Michigan Avenue
ElectricService - 101 to 200 Amps
Electric Expense
Fuel Expense
Gross Income
Insurance Expense
Lease TypeNet
Lot Size Square Feet3201
MLS AreaCHI - Roseland
ModificationTimestamp2025-05-06T05:07:05.676Z
Net Operating Income
Number Of Units Total3
Operating Expense
PossessionClosing
Possible UseCommercial
Property SubtypeMixed Use
Property TypeCommercial Sale
Property TypeMixed Use
RoofMembrane
SewerSeptic Tank
Standard StatusActive
StatusActive
Stories2
Tax Annual Amount1707.62
Tax Year2023
Tenant PaysAir Conditioning, Electricity, Heat, Janitorial Service, Taxes, Insurance
TownshipLake
Trash Expense0
UtilitiesElectricity Available, Natural Gas Available, Sewer Connected
Virtual TourClick here
Water Sewer Expense0
Year Built1913
ZoningCOMMR

Exterior for 11411 S Michigan Avenue

Building Area Total4032
Foundation DetailsBrick/Mortar, Concrete Perimeter
Frontage TypeCity Street
Lot Dimensions25 X 128

Additional Details

Price History

Client Care

Price $129,500
MLS#12277718
List Date 01/26/2025
Property Type Commercial
Phone 847.485.2500
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