Chicago, IL 60628 11218 S Michigan Avenue
$399,000
Presented By: My Realty Chicago Inc
Home Details
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.
Presented By: My Realty Chicago Inc
General for 11218 S Michigan Avenue
Additional Parcels Y/NYes
CityChicago
CoolingCentral Air
CountyCook
DirectionsNorthwest corner of Michigan Ave and 112th Place
ElectricService - 201 to 600 Amps
Leasable Area
Lot Size Square Feet9292
MLS AreaCHI - Roseland
Net Operating Income0
Property SubtypeRetail
Property TypeCommercial Sale
Property TypeRetail/Stores
Standard StatusActive
StatusActive
Stories Count4
Tax Annual Amount13950.38
Tax Year2023
Year Built1950
Exterior for 11218 S Michigan Avenue
Building Area Total36000
Lot Dimensions116x80
Additional Details
Price History

SQFT • 36,000