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Brick Mixed-Use Property with Apartment
For Sale
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11537 S Michigan Ave, Chicago, IL 60628

Business and office space includes an unfinished apartment and an additional northern lot.

Property SizeContact for details
Days on Market144

Property Features for 11537 S Michigan Ave

General Information

Standard status Active
Property subtype Retail
Zoning Rs-3

Property Condition

Severity Repairs Needed
Evidence Apartment Needs Completion

Building Details

Buildings 1
Construction brick
Listing Agency: Choice Realty Group Inc
Listed By: David Williamson · License #471010481
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 7:43PM

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 Choice Realty Group Inc

Investment Insights

Based on property information with market context.

This mixed-use property combines brick business and office space with an apartment that requires completion. The building is being offered in its existing condition, with a roof installed in 06 and a new UL furnace added in 05.

The property is located at 11537 S Michigan Ave in Chicago, Illinois, and includes the lot immediately to the north. RS-3 zoning applies to the site.

Key Highlights

  • Brick business and office space with an apartment
  • Apartment requires completion
  • Property is sold as is

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Building Supply (Bike/Boat/Book/etc) Store

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

730
Businesses Nearby

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 Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Business and office space includes an unfinished apartment and an additional northern lot.
Where is this mixed-use property located?
The property is located at 11537 S Michigan Ave Chicago, IL.
What are key features of this property?
This property features: Brick business and office space with an apartment; Apartment requires completion; Property is sold as is
(847) 912-1592 Call to check price and availability
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