NEW! Buy and sell safely with virtual options - Learn More
About the Listing 84763 - 1015752,119527
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.
Listing Highlights for 11218 S Michigan Ave
Status
Active
Days on Site
28
Property Type
Commercial Sale
MLS ®
12470924
Year Built
1950
Total Square Footage
36,000
Lot/Acreage
0.21
County
Cook
Area
CHI - Roseland
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: Central Air
- 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: 116x80
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $13,950
- Taxes w/Assessments: N/A
- Tax/Property ID: 25221050340000
- Tax Year: 2023
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Listing Location
Questions About..
11218 S Michigan Ave Chicago, IL 60628
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
