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Storefront with Vaulted Ceilings

11057-11059 S Homewood Avenue, Chicago, IL 60643

For Sale
New
$299,000

Commercial Sale, Chicago, IL

Property SizeContact for details
Lot Size0.17 Acres
Days on Market2

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

Amenities

vaulted ceilings
ample parking

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 IL #475137808
Added: Nov 9 Last Checked: Nov 10 at 6:06PM
MLS# 12804915

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.

Rey
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Investment Insights

Based on property information with market context.

Built in 1924, this brick storefront property occupies a 0.1722-acre parcel. Its interior has been stripped, with new plumbing and a new roof installed. Vaulted ceilings offer a choice between an open interior and a loft or mezzanine configuration. The building originally served as the Morgan Park Post Office.

Aldermanic approval has been received for an event-space use. The property also has ample parking and is close to a highway. Construction drawings may be made available to serious buyers.

Key Highlights

  • 0.1722‑acre parcel
  • Brick building constructed in 1924
  • Vaulted ceilings allow for an open layout or loft/mezzanine configuration

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Repair Shop Dental Office Spa & Massage Center Auto Parts Store

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Storefront properties in Chicago, IL

$251 Jul
$202 Aug
$167 Sep
$170 Oct

Properties on Market for Storefront properties in Chicago

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Storefront property - Aldermanic approval has been obtained for an 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 $299,000.
What are key features of this property?
This property features: 0.1722‑acre parcel; Brick building constructed in 1924; Vaulted ceilings allow for an open layout or loft/mezzanine configuration
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