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11241 S Michigan Ave Chicago, IL 60628

For Sale
$125,000

8,208 SF land site near Metra and CTA expansion.

Property size:
8,208 SF
Lot size:
8.00 Acres

Property Features for 11241 S Michigan Ave

General Information

Size
8,208 SF
Lot size
8.00 Acres

Building Details

Year built
1904

Source: Samuel Silveira Agent Samuel Silveira

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Michigan Avenue Land Site

The property at 1241 S Michigan is an 8,208 SF land site with frontage on Michigan Avenue. 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 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 benefits from strong transportation access via 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. The location has 9,250 vehicles per day, is just off a lighted intersection, and has easy access to I-94. It is a double wide lot.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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 CTA expansion.
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: - Blocks from proposed CTA Red Line Expansion (115th St Station); - Steps to Metra Station with direct service to downtown; - High Traffic Volume: 9,250 VPD
More about this property
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