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Mixed-Use Building with Storefront
For Sale
$99,000

11131 S Michigan Avenue, Chicago, IL 60628

Commercial Sale, Chicago, IL

Property Size4,000 SF
Lot Size0.07 Acres
Price / SF$24.75
Days on Market172

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: Sep 27 Last Checked: Oct 2 at 5:06AM
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, including about 2,500 square feet of ground-floor commercial area and a basement. The upper level has a three-bedroom, two-bathroom apartment that requires work before it can be occupied. Central air is also present. The ground-floor store is leased on a month-to-month basis.

The property is in Chicago’s Roseland/Pullman area, near I-94 and I-57. The Pullman/111th Street station on the Metra Electric Line provides rail service toward downtown, and the National Park is nearby.

Key Highlights

  • Approximately 4,000 square feet in a brick mixed‑use building
  • About 2,500 square feet of commercial area on the ground floor, plus a basement
  • Upper‑level apartment has 3 bedrooms and 2 bathrooms; requires work to become habitable

Property Analytics

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Current Use

Fashion Gear Inc Clothing Store

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Dental Office Skin Care Clinic 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
Multi-tenant
Tenancy
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - A second-floor apartment adds residential space above the street-level commercial premises.
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 $99,000.
What are key features of this property?
This property features: Approximately 4,000 square feet in a brick mixed‑use building; About 2,500 square feet of commercial area on the ground floor, plus a basement; Upper‑level apartment has 3 bedrooms and 2 bathrooms; requires work to become habitable
More about this property
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