11139-41 S Michigan Avenue Chicago, IL $ 150,000
11139-41 S Michigan Avenue
$ 150,000
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11139-41 S Michigan Avenue

Chicago, IL, 60628
$ 150,000
Bedrooms-- Baths-- Sq 8,800

Monthly Estimate*

$ 936

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Commercial Property for sale in Chicago, IL

for $150,000. This 8,800 square foot building was built in 1948 on a lot size of 0.146511.

11139-41 S. Michigan Avenue Roseland neighborhood of Chicago, Illinois. Originally built for the iconic F.W. Woolworth Co., this property was converted into a Foot Locker and most recently was occupied by DTLR, a national streetwear retailer. The retailer is no longer operating, although a lease is still in place. With over 8,800 square feet of space spread across two floors plus a full basement and situated on a 6,382 square foot lot, the building offers high visibility and long-standing history within Chicago's South Side retail corridor. The property is held under a 99-year land lease, and set to expire in October 2027, making it an ideal short- or mid-term play with redevelopment potential post-lease expiration. This is a rarely available opportunity for a tenant to secure space on one of the area's busiest thoroughfares, with flexible space suitable for retail, office, community services, or mixed use. Located in the heart of Chicago's Far South Side, Roseland is a historic neighborhood with strong community ties and redevelopment potential. Michigan Avenue is a key arterial street with heavy foot and vehicle traffic. The recent lease of the former Walgreens space to Dollar General signals ongoing demand and opportunity for repositioning.

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Commercial Active

Price

$ 150,000

Property Type

Commercial

Taxes

$ 35,123

Style

Lot Size

0.146511

Year Built

1948

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12417994

Features
General
Cooling Central Air
Year Built 1948
Electric Other
Stories Count 2
Township South Chicago
Property Subtype Neighborhood Storefront
Tax Year 2023
County Cook
Net Operating Income 0
Property Type Commercial Sale Retail/Stores
Status Active
Directions I-94 E Wentworth Ave to Michigan Ave
City Chicago
MLS Area CHI - Roseland
Lot Size Square Feet 6382
Tax Annual Amount 35123.88
Additional Parcels Y/N N
Leasable Area 0
Standard Status Active
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Exterior
Building Area Total 8800
Lot Dimensions 80X106
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* Excluded Features
List By
Millennium Properties Re, Inc.

Broker

ssilver@mpirealestate.com

Email

Affordability Calculator

$3,863
Per Month
24%
76%
0%
Monthly Principal & Interest
$936
Monthly Property Taxes
$2,927
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/14/2025$150,000 Listed Price

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11139-41 S Michigan Avenue, Chicago, IL, 60628 is a Commercial Property for sale at $150,000 with 8,800 sqft and a lot size of 0.146511. 11139-41 S Michigan Avenue was built in 1948. The property's zip code is 60628 which is in Chicago, IL