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    Property profile & analytics

    11813 Michigan Ave Chicago, IL 60628-6214

    • Retail space
    • 8,600 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-2394482
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Midwest Meadwerks / Wholesaler
    • Plaza True Value Hardware / Hardware Store / Do-It-Yourself Shop
    • KeyExpress Locksmiths / Key Duplication Service / Locksmith

    Property Details for 11813 Michigan Ave

    Year built
    1966
    Lot size
    0.16 lot acres
    Property size
    8,600 SF
    Property type
    Retail space
    APN
    25-22-319-037
    APU
    2522319037

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6202
    Latitude
    41.6794
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $15,698
    $15,219
    $60,876
    $76,095
    -
    $60,876
    $243,504
    $304,380

    Comparable in this City

    • Value Estimation by Request

      11449 Frnt Ave

      RETAIL STORES (PERSONAL SERVICES)
      11449 Frnt Ave, Chicago, IL 60628-5000
      View Details
    • Value Estimation by Request
      0.06 Acres

      9957 Halsted St

      RETAIL STORES (PERSONAL SERVICES) • 0.06 Acres
      9957 Halsted St, Chicago, IL 60628
      View Details
    • Value Estimation by Request
      1.05 Acres

      11550 Halsted St

      RETAIL STORES (PERSONAL SERVICES) • 1.05 Acres
      11550 Halsted St, Chicago, IL 60628-5218
      View Details
    • Value Estimation by Request
      0.06 Acres

      10520 Halsted St, Unit 30

      RETAIL STORES (PERSONAL SERVICES) • 0.06 Acres
      10520 Halsted St, Chicago, IL 60628-2308
      View Details
    • Value Estimation by Request
      7,200 SF

      411 103rd St

      RETAIL STORES (PERSONAL SERVICES) • 7,200 SF
      411 103rd St, Chicago, IL 60628-2941
      View Details
    • Value Estimation by Request
      4,400 SF

      2 103rd St

      RETAIL STORES (PERSONAL SERVICES) • 4,400 SF
      2 103rd St, Chicago, IL 60628-2726
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • $14 SF/Yr
      1,600 SF

      Retail Space in Chicago, IL

      Retail space with high visibility and ample parking available for rent.
      519 E 103Rd St, Chicago, IL 60628
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      3,200 SF

      I-94 Pad Site Development

      Pad site development with highway signage and high traffic volume.
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    • $12 SF/Yr
      8,406 SF

      Retail Space with Pylon Signage

      Retail space with high ceilings and pylon signage available for rent.
      10234-10242 S Michigan Ave, Chicago, IL 60628
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    • $16 SF/Yr
      900 SF

      Chicago Retail Space For Rent

      Retail space available in Chicago with high visibility and foot traffic.
      10622-10634 S Halsted St, Chicago, IL 60628
      View Details
    • Contact for pricing
      7,000 SF

      I-94 Retail Pad Site

      Retail pad site with highway signage and high traffic volume.
      11315 S Corliss Ave, Chicago, IL 60628
      View Details
    • $15 SF/Yr
      1,480 SF

      Versatile Commercial Spaces Available

      Office, retail, and warehouse spaces for lease with easy access.
      5154-5160 W 127Th St, Alsip, IL 60628
      View Details

    Property Visit Statistics

    • Visits by month
      2.1k
    • Visitors by month
      1.7k
    • Avg Time on site
      16 min
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    11813 Michigan Ave
    Chicago, IL 60628-6214
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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