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Mixed-Use Building with Apartment
For Sale
$109,000

11131 S Michigan Avenue, Chicago, IL 60628

COMMERCIAL - Chicago, IL

Property Size4,000 SF
Lot Size0.07 Acres
Price / SF$27.25
Days on Market123

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: Aug 4 Last Checked: Aug 14 at 2:06PM
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.

This 1908 brick mixed-use building contains approximately 4,000 square feet across a ground-floor commercial area, basement, and second-level apartment. The commercial portion encompasses about 2,500 square feet, while the residential component includes three bedrooms and two bathrooms and requires work before it can be occupied. Central air is installed.

The property is located on South 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, along with the Metra Electric Line’s Pullman / 111th St. station, which provides commuter access to downtown. The National Park is also close by. The lot measures 0.0717 acres.

Key Highlights

  • Approximately 4,000 square feet in a mixed‑use building
  • About 2,500 square feet of ground‑floor commercial space plus basement
  • Second‑level apartment with 3 bedrooms and 2 baths

Property Analytics

Current Use

Fashion Gear Inc Formal Wear Store

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Skin Care Clinic Dental Office 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.

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

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?
Mixed-use property - Brick mixed-use property with central air and a residential unit requiring renovation.
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; About 2,500 square feet of ground‑floor commercial space plus basement; Second‑level apartment with 3 bedrooms and 2 baths
More about this property
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