11109 S Michigan Avenue Chicago, IL ^$ 250,000

11109 S Michigan Avenue

^$ 250,000

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11109 S Michigan Avenue

Chicago, IL, 60628

^$ 250,000

Studio Baths0.0 Sq 10,200

Monthly Estimate*

^$ 1,746

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Studio

Commercial Property for sale in Chicago, IL

for $250,000. This 10,200 square foot building was built on a lot size of 0.119559.

10,200 sq/ft free standing building on busy south Michigan ave. next door to multiple retail stores. The main floor is 5,100 sq/ft and the lower level is 5,100 sq/ft with alley access from both floors. The building is perfect for furniture, clothing, Amazon resale and more with plenty of storage in the dry basement. The location is ideal being the heart of the shopping district with O'Reilly Auto Parts, Dollar General, Boost by T-Mobile, Union Bank and more. Plenty of street parking available on south Michigan ave. and zoning is very business friendly. The building has a private room for an office, one bathroom dual central heat and air conditioning and more.

Commercial Active

Price

^$ 250,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 16,785

Style

Lot Size

0.119559

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11876685

Features

General

Cooling Central Air

Possession Closing

Zoning COMMR

Construction Materials Concrete

Tenant Pays Air Conditioning Electricity Heat Taxes Insurance Other

Stories 1

Tax Year 2021

Current Use Commercial

Business Type Other

County Cook

Operating Expense 0

Property Type Business Opportunity Bus / Bus w/Real Est

Possible Use Commercial Retail

Status Active

Directions Take 119th east to Michigan and head north and it will be on the right hand side

City Chicago

MLS Area CHI - Roseland

Lot Size Square Feet 5208

Street Name Michigan

Tax Annual Amount 16785

Additional Parcels Y/N N

Days on Market 234

Standard Status Active

Exterior

Building Area Total 10200

Lot Dimensions 124X42

Frontage Type City Street

Interior

Street Suffix Avenue

* Excluded Features

List By

Xr Realty

Broker

realtywithadam@gmail.com

Affordability Calculator

$3,145

Per Month

Monthly Principal & Interest: $1,746
Monthly Property Taxes: $1,399
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$840,407

Percent of Sale Price 236%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/6/2024	$250,000	-16.39%	Price Down
9/5/2023	$299,000		Listed Price

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11109 S Michigan Avenue, Chicago, IL, 60628 is a Commercial Property for sale at $250,000 with 10,200 sqft and a lot size of 0.119559. 11109 S Michigan Avenue is a studio with 0.0 baths. The property's zip code is 60628 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 5/5/2024.

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11109 S Michigan Avenue

Commercial Property for sale in Chicago, IL

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