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11218 S Michigan Avenue, Chicago, IL 60628

$399,000
  • 11218 S Michigan Avenue, Chicago, IL 60628 Main Photo

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Active
SQUARE FEET36,000 MLS#12470924
STATUSActive PROPERTY TYPECommercial - Retail

Property Description

Located in an Opportunity Zone at the corner of 112th Place and Michigan Avenue, this 36,000-square-foot, four-story retail building with a full basement and freight elevator is now available for sale. The street-level storefront is currently leased to a furniture store, generating approximately $48,000 in annual rent. The fireproof structure with sprinklers throughout offers excellent redevelopment potential-ideal for conversion to self-storage or other commercial uses-while providing steady income from the existing tenant.

11218 S Michigan Avenue | MLS# 12470924

This commercial property located at 11218 S Michigan Avenue, Chicago, IL 60628 is currently listed for sale with an asking price of $399,000. Search Chicago real estate on www.bhhscrosby.com today.

Property Features

Property Type: Commercial - Retail
Cooling: Central Air
Lot Size: 0.21 Acres
Stories: 4.0
Taxes: $13,950
Year Built: 1950

Feature Descriptions

Days on Site: 138
Electric: Service - 201 to 600 Amps
Fire Protection: Sprinklers
HVAC: Forced Air
Lot Dimensions: 116x80
Number of Tenant(s): 1
Parcel#: 25221050340000

Listed By / Shown By

Listed By

Agency Name: My Realty Chicago Inc
Agency Phone: 773-463-0000

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