Two-Story Storefront Retail
For Sale
Contact for pricing
11139-41 S Michigan Avenue, Chicago, IL 60628
B1-3 zoning and a full basement support a flexible commercial layout.
Property Size8,800 SF
Lot Size0.15 Acres
Days on Market78
Property Features for 11139-41 S Michigan Avenue
General Information
Standard status
Active
Size
8,800 SF
Lot size
0.15 Acres
Property subtype
Retail
Zoning
B1-3
Building Details
Buildings
1
Stories
2
Listing Agency:
Millennium Properties R/E
Listed By:
Susan Silver · License #IL 475136992
(312) 338-3000
Source:
Crexi
Added: Jun 17
Changed: Aug 31
Last Checked: Aug 31 at 4:46AM
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 Millennium Properties R/E
Investment Insights
Based on property information with market context.
This two-story storefront property at 11139-41 S. Michigan Avenue includes more than 8,800 square feet across two floors, along with a full basement. The building occupies a 6,382-square-foot lot and has a retail history that includes F.W. Woolworth Co., Foot Locker, and DTLR. The former retailer is no longer operating, while a lease remains in place.
The property is positioned in Chicago’s Roseland neighborhood along Michigan Avenue, a major South Side corridor with reported pedestrian and vehicle activity. The asset is subject to a 99-year land lease scheduled to expire in October 2027. B1-3 zoning is in place, and the space has been described as suitable for retail, office, community-service, or mixed-use applications.
The property is positioned in Chicago’s Roseland neighborhood along Michigan Avenue, a major South Side corridor with reported pedestrian and vehicle activity. The asset is subject to a 99-year land lease scheduled to expire in October 2027. B1-3 zoning is in place, and the space has been described as suitable for retail, office, community-service, or mixed-use applications.
Key Highlights
- More than 8,800 square feet across two floors
- Full basement included in the building
- 6,382‑square‑foot lot
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,045
Businesses Nearby
26k
Monthly Visits Nearby
Under-served
Demand for This Use
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
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Frequently Asked Questions
What type of property is this?
Storefront property - B1-3 zoning and a full basement support a flexible commercial layout.
Where is this storefront property located?
The property is located at 11139-41 S Michigan Avenue Chicago, IL.
What are key features of this property?
This property features: More than 8,800 square feet across two floors; Full basement included in the building; 6,382‑square‑foot lot
