$129,500
11411 S Michigan Avenue
Chicago, IL, 60628
HUGE OPPORTUNITY*** THE RED MUTLI-BILLION RED LINE EXTENSION HAS BEEN APPROVED *** This mixed-use ASSET has GREAT VALUE APPRECIATION POTENTIAL. ***1.) The building is in the MIDDLE of Three (3) multi-million dollar City of Chicago Invest South/West Development Projects and 2.) The building is only two (2) Blocks for the Planned CTA Red Line Extension Project (RLEP), Train Station. *** The ASSET has Fantastic Potential for many kinds of businesses; a barbershop, retail store, office etc., on the main level. There is a two (2) bedroom one (1) bathroom apartment on the second floor. THERE IS ALSO a large separate back space that may be used or rented as needed. The walkout basement is subdivided, and has tall ceilings. BEING SOLD AS-IS WHERE-IS. Schedule by Appointment Only.
Property Details
Price:
$129,500
MLS #:
MRD12277718
Status:
Active
Beds:
0
Baths:
0
Address:
11411 S Michigan Avenue
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
CHI – Roseland
City:
Chicago
Listed Date:
Jan 26, 2025
State:
IL
Finished Sq Ft:
4,032
Total Sq Ft:
4,032
ZIP:
60628
Year Built:
1913
Schools
Interior
Cooling
Central Air
Exterior
Construction Materials
Brick
Roof
Membrane
Financial
Tax Year
2023
Taxes
$1,708
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
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