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Vaulted-Ceiling Retail Storefront
For Sale
$350,000

11057-11059 S Homewood Avenue, Chicago, IL 60643

Commercial Sale, Chicago, IL

Property SizeContact for details
Lot Size0.17 Acres
Days on Market331

Property Features for 11057-11059 S Homewood Avenue

General Information

Property type Commercial Sale
Property subtype Retail
Zoning RTAIL
Directions 111th Street, east or west to Homewood, North on Homewood
Subdivision CHI - Morgan Park
Standard status Active
APN 25184190080000
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 16283

Building Details

Year built 1924
Floors in Building 1
Number of units 1
Building materials Brick
Listing Agency: Charles Rutenberg Realty of IL
Listed By: Tosha Simpson-Anderson · License #475137808
Added: Sep 25, 2025 Changed: Aug 19 Last Checked: Aug 21 at 2:06PM
MLS# 12480377

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.

This brick storefront property at 11057-11059 S Homewood Avenue in Chicago was constructed in 1924 and occupies 0.1722 acres. The interior has been fully gutted, while new plumbing and a new roof provide substantial completed improvements. Vaulted ceilings create flexibility for an elevated mezzanine concept or an open interior presentation. Construction drawings may be made available to qualified buyers.

The property carries RTAIL zoning and has received aldermanic approval for event-space use. Ample parking is available, and the site is located near the highway. The building was originally used as the Morgan Park Post Office and is situated in Chicago’s 19th Ward.

Key Highlights

  • 1924 brick storefront property on 0.1722 acres
  • Vaulted ceilings accommodate an open layout or potential loft/mezzanine space
  • Interior fully gutted with new plumbing installed

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Repair Shop Spa & Massage Center Dental Office Skin Care Clinic

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

542
Businesses Nearby
29k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Citgo Shops & Services
10,708 visits/mo 0.4 miles
BP Shops & Services
10,047 visits/mo 0.3 miles
Family Dollar Shops & Services
8,294 visits/mo 0.4 miles

Demographics for 60643, IL

47,831
Population
19,541
Households
2.4
Avg Household Size
44
Median Age
39%
College-Educated
93%
High-School Grad
7.4 sq mi
ZIP Area
6,464
Density / Sq Mi
$83,015
Median Household Income
$53,155
Median Earnings
$1,359
Median Rent
$233,900
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
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Frequently Asked Questions

What type of property is this?
Storefront property - Brick commercial space with updated plumbing, a new roof, and approval for event-space use.
Where is this storefront property located?
The property is located at 11057-11059 S Homewood Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 1924 brick storefront property on 0.1722 acres; Vaulted ceilings accommodate an open layout or potential loft/mezzanine space; Interior fully gutted with new plumbing installed
More about this property
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