Search
Mixed-Use Building with Apartment
For Sale
$109,000

11131 S Michigan Avenue, Chicago, IL 60628

Commercial Sale, Chicago, IL

Property Size4,000 SF
Lot Size0.07 Acres
Price / SF$27.25
Days on Market135

Property Features for 11131 S Michigan Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning COMMR
Directions Between 112th St. and 113th St. 115th St. north on Michigan Ave. to address
Subdivision CHI - Roseland
Standard status Active
APN 25221020120000
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 3277

Utilities

Cooling system Central Air

Building Details

Year built 1908
Floors in Building 2
Number of units 2
Building materials Brick
Listing Agency: Century 21 Circle · Coldwell Banker Real Estate
Listed By: Mark Ahmad · License #471007186
Added: Apr 14 Changed: Aug 20 Last Checked: Aug 26 at 6:06AM
MLS# 12617867

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1908, this brick mixed-use property contains approximately 4,000 square feet across a ground-floor commercial area, basement, and second-level apartment. The commercial portion measures about 2,500 square feet, while the residential unit includes three bedrooms and two bathrooms and requires work before it can be occupied. Central air is present.

The property is located on South Michigan Avenue in Chicago’s Roseland/Pullman area, a few blocks east of the Michigan Avenue and State Street corridor. I-94, the Bishop Ford Freeway, and I-57 are nearby, along with the Metra Electric Line’s Pullman/111th St. station. The building is also close to the National Park.

Key Highlights

  • Approximately 4,000 SF mixed‑use building
  • About 2,500 SF of first‑floor commercial space with basement
  • Second‑level apartment includes 3 bedrooms and 2 bathrooms

Property Analytics

Current Use

Fashion Gear Inc Clothing Store

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Skin Care Clinic Dental Office Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,045
Businesses Nearby
26k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 84% Dining 12% Apparel 4%
Family Dollar Shops & Services
8,624 visits/mo 0.3 miles
Dollar General Shops & Services
4,408 visits/mo 0.2 miles
Citgo Shops & Services
3,705 visits/mo 0.2 miles
QuikStop Shops & Services
2,812 visits/mo 0.4 miles
Pepe's Mexican Restaurant Dining
2,032 visits/mo 0.1 miles

Demographics for 60628, IL

62,832
Population
28,736
Households
2.2
Avg Household Size
41
Median Age
24%
College-Educated
87%
High-School Grad
11.0 sq mi
ZIP Area
5,712
Density / Sq Mi
$49,719
Median Household Income
$35,974
Median Earnings
$1,168
Median Rent
$158,500
Median Home Value

Market

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Brick commercial building with ground-floor retail, basement space, and an upstairs residential unit requiring renovation.
Where is this mixed-use property located?
The property is located at 11131 S Michigan Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $109,000.
What are key features of this property?
This property features: Approximately 4,000 SF mixed‑use building; About 2,500 SF of first‑floor commercial space with basement; Second‑level apartment includes 3 bedrooms and 2 bathrooms
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message