Retail Space Near Proposed
New
For Lease
Contact for pricing
11434 S Michigan Ave, Chicago, IL 60628
The 1,150-square-foot space is beside planned mixed-use development and a proposed CTA Red Line station.
Space Size1,150 SF
Days on Market3
Property Features for 11434 S Michigan Ave
General Information
Standard status
Active
Size
1,150 SF
Property subtype
RETAIL
Additional Details
Road Access
Yes
Spaces For Lease
at 11434 S Michigan Ave
11434 S Michigan Ave
AVAILABLE, Now
Floor
1
Size
1,150 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 2:31PM
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 1,150-square-foot retail space is located at 11434 S Michigan Ave in Chicago. Its setting places it alongside the proposed 1Fifteen mixed-use development, planned to include 153 residential units and 36,600 SF of retail space.
Three access points connect with 115th and Michigan Avenue at a signalized intersection. A proposed CTA Red Line extension includes a planned 115th station adjacent to the property.
Three access points connect with 115th and Michigan Avenue at a signalized intersection. A proposed CTA Red Line extension includes a planned 115th station adjacent to the property.
Key Highlights
- 1,150‑square‑foot retail space
- Adjacent to proposed 1Fifteen development, planned for 153 residential units and 36,600 SF of retail
- Three access points from 115th and Michigan Avenue at a lighted intersection
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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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 1,150-square-foot space is beside planned mixed-use development and a proposed CTA Red Line station.
Where is this retail space located?
The property is located at 11434 S Michigan Ave Chicago, IL.
What are key features of this property?
This property features: 1,150‑square‑foot retail space; Adjacent to proposed 1Fifteen development, planned for 153 residential units and 36,600 SF of retail; Three access points from 115th and Michigan Avenue at a lighted intersection
