Mixed-Use Building with
For Sale
$99,000
11131 S Michigan Avenue, Chicago, IL 60628
Ground-floor commercial space is paired with a three-bedroom apartment that needs work before it can be occupied.
Property Size4,000 SF
Price / SF$24.75
Days on Market194
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
Neighborhood
Roseland
Highway Access
Yes
Public Transit
Yes
Mixed-Use Components
retail, residential
Units
Unit Mix
1 x 3BR/2BA
Multifamily Units
1
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$3,277
Building Details
Building Size
4,000 SF
Year Built
1908
Buildings
1
Stories
2
Units
2
Listing Agency:
Century 21 Circle
Listed By:
Mark Ahmad · License #471007186
(773) 465-4200
Source:
Fishmangroup
Added: Apr 14
Changed: Oct 23
Last Checked: Oct 23 at 1:23PM
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
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Investment Insights
Based on property information with market context.
Built in 1908, this mixed-use property contains approximately 4,000 square feet across three levels. The ground floor offers about 2,500 square feet of commercial space, with a basement below. A second-floor apartment has three bedrooms and two bathrooms and requires work to be brought to living condition.
The storefront is leased on a month-to-month basis. The property is a few blocks east of the Michigan Avenue and State Street corridor, with I-94, I-57, and the Pullman / 111th St. Metra Electric Line station nearby.
The storefront is leased on a month-to-month basis. The property is a few blocks east of the Michigan Avenue and State Street corridor, with I-94, I-57, and the Pullman / 111th St. Metra Electric Line station nearby.
Key Highlights
- Approximately 4,000 square feet in a 1908‑built mixed‑use property
- About 2,500 square feet of ground‑floor commercial space
- Second‑floor apartment has 3 bedrooms and 2 bathrooms; it needs work before occupancy
Property Analytics
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Current Use
Lease Details
1
Residential units
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
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Market
Vacancy Rate% for Retail in Chicago, IL
Frequently Asked Questions
What type of property is this?
Mixed-use property - Ground-floor commercial space is paired with a three-bedroom apartment that needs work before it can be occupied.
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 1908‑built mixed‑use property; About 2,500 square feet of ground‑floor commercial space; Second‑floor apartment has 3 bedrooms and 2 bathrooms; it needs work before occupancy
