$1,600,000
11000 S Michigan Avenue
Chicago, IL, 60628
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).
Property Details
Price:
$1,600,000
MLS #:
MRD12412715
Status:
Active
Beds:
0
Baths:
0
Address:
11000 S Michigan Avenue
Type:
Commercial
Neighborhood:
CHI – Roseland
City:
Chicago
Listed Date:
Jul 7, 2025
State:
IL
ZIP:
60628
Lot Size:
17,866 sqft / 0.40 acres (approx)
Year Built:
1927
Schools
Interior
Cooling
Window Unit(s)
Exterior
Construction Materials
Brick
Roof
Rubber
Financial
Tax Year
2023
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
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11000 S Michigan Avenue
Chicago, IL
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