Retail
New
For Lease
Contact for pricing
11432 S Michigan Ave, Chicago, IL 60628
The space has three combined access points near a signalized intersection.
Space Size1,350 SF
Days on Market3
Property Features for 11432 S Michigan Ave
General Information
Standard status
Active
Size
1,350 SF
Property subtype
RETAIL
Additional Details
Road Access
Yes
Spaces For Lease
at 11432 S Michigan Ave
11432 S Michigan Ave
AVAILABLE, Now
Floor
1
Size
1,350 SF
Type
RETAIL
Rate
Contact for pricing
Sublease
No
-Adjacent to the proposed 1Fifteen Mixed-Use Megadevelopment which will include 153 new residential units and 36,600 SF of retail
-Three Access points combined off 115th and Michigan Avenue at a lighted intersection
-Adjacent to proposed CTA Red Line extension – 115th Station
Contact us
Listing Agency:
Mid-America Real Estate Group | Chicago
(630) 954-7327
Listed By:
Westin Kane · License #80276
(630) 954-7447
Source:
Moodyscre
Added: Oct 14
Changed: Oct 16
Last Checked: Oct 16 at 2:14PM
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 Mid-America Real Estate Group | Chicago
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Investment Insights
Based on property information with market context.
This 1,350-square-foot retail space is located at 11432 S Michigan Ave in Chicago. Three access points serve the property from 115th Street and Michigan Avenue at a signalized intersection.
The site is adjacent to the proposed 1Fifteen mixed-use development, planned to include 153 residential units and 36,600 SF of retail. It is also next to the proposed CTA Red Line extension’s 115th Station.
The site is adjacent to the proposed 1Fifteen mixed-use development, planned to include 153 residential units and 36,600 SF of retail. It is also next to the proposed CTA Red Line extension’s 115th Station.
Key Highlights
- 1,350 square feet of retail space
- Three combined access points from 115th Street and Michigan Avenue at a signalized intersection
- Adjacent to proposed 1Fifteen development, with 153 residential units and 36,600 SF of retail planned
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Paved road access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,045
Businesses Nearby
21k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 77%
Dining 10%
Home Improvements & Furnishings 8%
Apparel 5%
Family Dollar
Shops & Services
8,624 visits/mo
0.1 miles
Citgo
Shops & Services
5,452 visits/mo
0.2 miles
Pepe's Mexican Restaurant
Dining
2,032 visits/mo
0.3 miles
True Value Hardware
Home Improvements & Furnishings
1,659 visits/mo
0.4 miles
O'Reilly Auto Parts
Shops & Services
1,344 visits/mo
0.5 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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Chicago, IL
$25.24 /SF/Yr
Avg Asking Price
$8–$114 /SF/Yr
Price Range
8,899 SF
Avg Space Size
Vacancy Rate% for Retail in Chicago, IL
Frequently Asked Questions
What type of property is this?
Retail space - The space has three combined access points near a signalized intersection.
Where is this retail space located?
The property is located at 11432 S Michigan Ave Chicago, IL.
What are key features of this property?
This property features: 1,350 square feet of retail space; Three combined access points from 115th Street and Michigan Avenue at a signalized intersection; Adjacent to proposed 1Fifteen development, with 153 residential units and 36,600 SF of retail planned
