Three-Unit Medical & Retail
3441-57 W 111 Street Chicago, IL 60655
New
For Sale
$575,000
Fully leased three-unit strip center with medical offices, a salon, and an insurance tenant with on-site parking.
Days on Market4
Property Features for 3441-57 W 111 Street
General Information
- Standard status
- Active
- Property subtype
- Commercial
Building Details
- Year Built
- 1968
Listing Agency:
COLDWELL BANKER REALTY
(312) 981-5500
Listed By:
CHARLES GROEBE · License #475091121
Source:
Corcoran
Added: Jul 20
Changed: Jul 23
Last Checked: Jul 23 at 2:48AM
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 COLDWELL BANKER REALTY
Investment Insights
Based on property information with market context.
This modern three-unit commercial strip center is fully leased and currently home to two recently upgraded medical offices, a modern hair salon, and a longtime insurance office tenant. The property features parking along the east and west sides and along the front on 111th Street. Roof replacement was completed only two years ago, and three of four newly replaced sleeve A/C units were done in 2024–2025, with the insurance tenant maintaining their own A/C system.
All units have a double entrance and are divisible. The West-end medical unit includes the 11101 S. St. Louis address unit facing west. An $815 monthly assessment through the association covers exterior maintenance including the roof and gutters, brick exterior, exterior landscaping and snow removal, and interior plumbing in common areas, including the boiler for common hallways and laundry rooms, plus the commercial units’ hot water heater and hot water tanks replaced approximately three years ago.
All units have a double entrance and are divisible. The West-end medical unit includes the 11101 S. St. Louis address unit facing west. An $815 monthly assessment through the association covers exterior maintenance including the roof and gutters, brick exterior, exterior landscaping and snow removal, and interior plumbing in common areas, including the boiler for common hallways and laundry rooms, plus the commercial units’ hot water heater and hot water tanks replaced approximately three years ago.
Key Highlights
- Fully leased 3‑unit commercial strip center in Mt. Greenwood near 111th St. and Kedzie
- Tenant mix includes recently upgraded medical offices, a modern hair salon, and a longtime insurance office
- Roof replaced about 2 years ago; association dues cover exterior maintenance including roof and gutters
Property Analytics
Location Intelligence
Current Use by Public Records
Strip malls
FAQs
What type of property is this?
Strip mall - Fully leased three-unit strip center with medical offices, a salon, and an insurance tenant with on-site parking.
Where is this strip mall located?
The property is located at 3441-57 W 111 Street Chicago, IL.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Fully leased 3‑unit commercial strip center in Mt. Greenwood near 111th St. and Kedzie; Tenant mix includes recently upgraded medical offices, a modern hair salon, and a longtime insurance office; Roof replaced about 2 years ago; association dues cover exterior maintenance including roof and gutters
