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11241 S Michigan Ave Chicago, IL 60628

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For Sale
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8,208 SF land site near Metra and future CTA.

Type:Land
Lot size:
0.19 Acres
Added:
Sep 29, 2025
Days on Market:
192
Last Refresh:
Mar 17 at 1:14 pm

Property Features for 11241 S Michigan Ave

General Information

Standard status
Active
Lot size
0.19 Acres
Property subtype
Land

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Listing Contact
Samuel Silveira

Listing agent Samuel Silveira License #IL #475208508

Listing office SVN Chicago Commercial

Listing date Sep 29, 2025

Source Crexi

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 SVN Chicago Commercial


Overview

Michigan Avenue Land Site

The property at 1241 S Michigan is an 8,208 SF land site with frontage on Michigan Ave. It is located steps from the Metra Station and blocks away from the proposed CTA Red Line Expansion Project. The current zoning is allocated for manufacturing or industrial use, but the Roseland Chamber of Commerce would consider a zoning change for the right retail business. The West Roseland neighborhood is characterized by its residential areas and retail corridors along Halsted Street and 115th Street, with community anchors such as Julian High School, Palmer Park, Abbott Park, and Roseland Community Hospital. The area offers strong transportation access through multiple CTA bus routes, the Metra Electric District line with direct service to downtown, and proximity to I-57 and the Bishop Ford Freeway. The CTA Red Line extension will add four new stations between 95th and 130th Streets, including a planned station at 115th Street near Michigan Avenue, further enhancing connectivity and supporting future investment. With ongoing infrastructure improvements and public and private reinvestment, West Roseland is positioned as a well-connected neighborhood with potential for long-term residential and commercial growth.
Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.6206214
Latitude
41.689532

FAQs

What type of property is this?
Commercial land - 8,208 SF land site near Metra and future CTA.
Where is this commercial land located?
The property is located at 11241 S Michigan Ave Chicago, IL.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Proximity to the proposed CTA Red Line Expansion Project (115th Street station); Located steps from the Metra Station, providing direct service to downtown; 8,208 SF land site with frontage on Michigan Ave
More about this property
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