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All-Brick Mixed-Use Building
For Sale
Contact for pricing
Pending

501 W 111th Street, Chicago, IL 60628

Mixed-use all-brick property with a commercial storefront and three apartments, sold as-is.

Property SizeContact for details
Days on Market278

Property Features for 501 W 111th Street

General Information

Standard status Pending
Property subtype Mixed Use
Zoning MULTI

Building Details

Year Built 1922
Stories 2
Units 4
Listing Agency: KW Commercial Chicago - Lincoln Park
Listed By: Tracii Randolph · License #IL 475.186292
Source: Crexi
Added: Dec 2, 2025 Changed: Aug 8 Last Checked: Jul 24 at 6:44PM

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 KW Commercial Chicago - Lincoln Park

Investment Insights

Based on property information with market context.

This all-brick mixed-use building is configured with a commercial storefront and three apartments. The property is being sold as-is, offering a reset opportunity for qualified investors or contractors to update and reposition the space.

Located at 501 W 111th Street in Chicago, IL 60628, the asset combines street-level retail frontage with additional residential units under one roof. The existing layout is designed to support combined use across the storefront and the three apartment units.

As presented, the building’s core structure and mix are straightforward: one commercial storefront paired with three apartments, providing a foundation for buyers to tailor improvements to their intended use.

Key Highlights

  • All‑brick mixed‑use building built in 1922
  • Commercial storefront plus 3 apartments
  • Proven mixed‑use layout with income‑generating storefront and residential units

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Skin Care Clinic Cafe & Coffee Shop Kitchen & Bath Showroom

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

744
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 Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Mixed-use all-brick property with a commercial storefront and three apartments, sold as-is.
Where is this triplex located?
The property is located at 501 W 111th Street Chicago, IL.
What are key features of this property?
This property features: All‑brick mixed‑use building built in 1922; Commercial storefront plus 3 apartments; Proven mixed‑use layout with income‑generating storefront and residential units
(312) 914-6323 Call to check price and availability
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