$399,000
11218 S Michigan Avenue
Chicago, IL, 60628
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
Schools
Interior
Cooling
Central Air
Exterior
Financial
Tax Year
2023
Taxes
$13,950
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 Nov 18, 2025
1,083
Commercial Listed
174
Avg DOM
148
Avg $ / SqFt
$1,057,923
Avg List Price
Community
- Address11218 S Michigan Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60628
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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 / The Debra Dobbs Group agent at 3123074909.
11218 S Michigan Avenue
Chicago, IL
