11218 S Michigan Avenue
Chicago, IL, 60628
$399,000
Beds
0 Baths
0 SqFt
0 Acres
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$399,000
11218 S Michigan Avenue
Chicago, IL, 60628
MLS #MRD12470924 image #0
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.

Property Details

Price:
$399,000
MLS #:
MRD12470924
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Retail
Neighborhood:
chiroseland
Listed Date:
Oct 14, 2025
Total Sq Ft:
36,000
Year Built:
1950
Chi – RoselandChiroseland

Schools

Interior

Cooling
Central Air

Exterior

Stories
4

Financial

Tax Year
2023
Taxes
$13,950
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Commercial in Chicago as of Apr 10, 2026
929
Commercial Listed
188
Avg DOM
$1,043,827
Avg List Price

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Property Summary

    11218 S Michigan Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60628. It is listed for $399,000 To schedule a showing of MLS#mrd12470924 at 11218 S Michigan Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
11218 S Michigan Avenue
Chicago, IL