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About the Listing 87977 - 876654
Opportunity Zone Investment Alert! Here's an excellent investment opportunity: deploy your capital into a unique property that spans residential, retail, and office spaces-all within a federally designated Opportunity Zone. The offering includes 66 units in total: 49 apartments, 10 office suites, 7 street level retail storefronts. All apartments and retail units have individual heating systems, while the office spaces are centrally heated by the owner-reducing operational costs for the next investor. Historically, this building has maintained around 90 percent occupancy, providing confidence as new owners renovate units and increase rents. In summary, this is a high-yield, tax-advantaged, mixed-use real estate play-testament to the power of investing within an Opportunity Zone. 100% vacant. Some units are in need for cosmetic rehabbing. Other Recent and Upcoming Projects in West Pullman. 1. Habitat for Humanity Townhomes (955 W. 115th St.) 2. $40M LightIndustrial Facility (1135-1325 W 119th St.) Pullman Crossings Industrial Park. * A 50-acre industrial campus by Ryan Companies, currently in its final phase. Ongoing Infrastructure & Community Enhancements. * Red Line Extension (CTA).
Listing Highlights for 11000 S Michigan Ave
Status
Active
Days on Site
71
Property Type
Multi-Family
MLS ®
12412715
Year Built
1927
Total Square Footage
0
Lot/Acreage
0.41
County
Cook
Area
CHI - Roseland
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 200X90
- Zoning: COMMR
- Roof: Rubber
- Others:
- Sewer:
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 25153200140000
- Tax Year: 2023
Payment Calculator
Monthly Payment
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- in Taxes
Years
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Listing Location
Questions About..
11000 S Michigan Ave Chicago, IL 60628
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