Retail Building on Michigan
For Sale
Contact for pricing
11109 S Michigan Ave, Chicago, IL 60628
10,200 SF retail building in a busy shopping district.
Property Size10,200 SF
Price / SF$23.04
Days on Market927
Property Features for 11109 S Michigan Ave
General Information
Standard status
Active
Size
10,200 SF
Class
C
Property subtype
Retail
Zoning
B-2
Lease Type
Gross
Building Details
Year Built
1920
Buildings
1
Stories
1
Units
1
Listing Agency:
xr realty
(708) 250-4001
Listed By:
Adam Ramahi · License #475181710
Source:
Crexi
Added: Feb 6, 2024
Changed: Aug 8
Last Checked: Aug 18 at 10:08PM
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 xr realty
Investment Insights
Based on property information with market context.
This is a 10,200 square foot free-standing building located on South Michigan Avenue, next to multiple retail stores. The property features a 5,100 square foot main floor and a 5,100 square foot lower level, with alley access available from both floors. The building is suitable for various businesses, including furniture, clothing, and Amazon resale, and offers ample storage space in the dry basement. The location is in the heart of the shopping district, near O'Reilly Auto Parts, Dollar General, Boost by T-Mobile, and Union Bank. Street parking is available on South Michigan Avenue. The zoning is business-friendly. The building includes a private office, one bathroom, and dual central heat and air conditioning.
Key Highlights
- High‑traffic location on South Michigan Avenue, in the heart of the shopping district.
- Large 10,200 sq/ft free‑standing building suitable for various retail businesses.
- Two floors (5,100 sq/ft each) with alley access to both levels.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,083
Businesses Nearby
25k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 83%
Dining 13%
Apparel 4%
Family Dollar
Shops & Services
8,624 visits/mo
0.5 miles
Dollar General
Shops & Services
4,408 visits/mo
0.1 miles
Citgo
Shops & Services
3,705 visits/mo
0.2 miles
QuikStop
Shops & Services
2,812 visits/mo
0.4 miles
Pepe's Mexican Restaurant
Dining
2,032 visits/mo
0.3 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
Market
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - 10,200 SF retail building in a busy shopping district.
Where is this retail space located?
The property is located at 11109 S Michigan Ave Chicago, IL.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: High‑traffic location on South Michigan Avenue, in the heart of the shopping district.; Large 10,200 sq/ft free‑standing building suitable for various retail businesses.; Two floors (5,100 sq/ft each) with alley access to both levels.
