About 11218 South Michigan Avenue
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.
Features of 11218 South Michigan Avenue
| MLS® # | 12470924 |
|---|---|
| Price | $399,000 |
| Bathrooms | 0.00 |
| Acres | 0.00 |
| Year Built | 1950 |
| Type | Commercial Sale |
| Sub-Type | Retail/Stores |
| Status | Active |
Community Information
| Address | 11218 South Michigan Avenue |
|---|---|
| Area | CHI - Roseland |
| City | Chicago |
| County | Cook |
| State | IL |
| Zip Code | 60628 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Cooling | Central Air |
|---|---|
| Fireplace | No |
| Has Basement | No |
Additional Information
| Days on Market | 18 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | My Realty Chicago Inc |
|---|---|
| Contact Info | 773-463-0000 |