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11241 S Michigan Ave Chicago, IL 60628

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For Sale
$125,000

8,208 SF land site with frontage on Michigan Ave.

Lot size:
8.00 Acres

Property Features for 11241 S Michigan Ave

General Information

Lot size
8.00 Acres

Building Details

Year built
1904

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Listing Contact
Samuel Silveira
Samuel Silveira
Source: Svn

Listing Agency: SVN | Chicago - Corporate Listing Agent: Samuel Silveira

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

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Overview

Michigan Avenue Land Site

The property at 1241 S Michigan is an 8,208 square foot 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; however, the Roseland Chamber of Commerce would consider a zoning change for the right retail business. The property benefits from 9,250 vehicles per day, is just off a lighted intersection, and has easy access to I-94. 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 offers 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. The property is a double wide lot.
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

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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 with frontage on Michigan Ave.
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 the proposed CTA Red Line Expansion Project (115th St station).; - 8,208 SF land site with Michigan Ave frontage.; - Steps to the Metra Station with direct service to downtown.
More about this property
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