Mixed-Use Building with
For Sale
$109,000
11131 S Michigan Avenue, Chicago, IL 60628
Ground-floor commercial space is paired with an upstairs apartment and basement, creating a mixed-use configuration.
Property Size4,000 SF
Price / SF$43.60
Days on Market140
Property Features for 11131 S Michigan Avenue
General Information
Standard status
Active
Size
4,000 SF
Property subtype
Commercial
Zoning
COMMR
Property Condition
Severity
Repairs Needed
Evidence
in need of work to be brought to living condition
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 3BR/2BA
Multifamily Units
1
Additional Details
Gross Income
$12,000
Taxes and HOA fees
Annual Taxes
$3,277
Building Details
Building Size
4,000 SF
Year Built
1908
Buildings
1
Stories
2
Units
2
Tenancy
Multi
Listing Agency:
Century 21 Circle
(773) 465-4200
Listed By:
Mark Ahmad · License #471007186
(773) 465-4200
Source:
Cavanaghrealty
Added: Apr 14
Changed: Aug 29
Last Checked: Aug 29 at 10:21AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Circle
Investment Insights
Based on property information with market context.
This mixed-use property contains approximately 4,000 square feet across a ground-floor commercial area, basement, and second-level residential unit. The commercial portion measures about 2,500 square feet and is currently leased month to month. The upstairs apartment has three bedrooms and two bathrooms but requires work before it can be occupied. Constructed in 1908, the building combines storefront functionality with residential space above.
The property is located at 11131 S Michigan Avenue in Chicago’s Roseland/Pullman area, a few blocks east of the Michigan Avenue and State Street corridor. I-94 and I-57 are nearby, while the Pullman / 111th St. Metra Electric station provides commuter access toward downtown. The National Park is also close to the property.
The property is located at 11131 S Michigan Avenue in Chicago’s Roseland/Pullman area, a few blocks east of the Michigan Avenue and State Street corridor. I-94 and I-57 are nearby, while the Pullman / 111th St. Metra Electric station provides commuter access toward downtown. The National Park is also close to the property.
Key Highlights
- Approximately 4,000 square feet in a mixed‑use building
- Ground‑floor commercial space of about 2,500 square feet
- Three‑bedroom, two‑bath apartment on the second level
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,045
Businesses Nearby
26k
Monthly Visits Nearby
Explore this area
Business Placement
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
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 - Ground-floor commercial space is paired with an upstairs apartment and basement, creating a mixed-use configuration.
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 square feet in a mixed‑use building; Ground‑floor commercial space of about 2,500 square feet; Three‑bedroom, two‑bath apartment on the second level
