11147 S Michigan Avenue Chicago, IL ^$ 374,900

11147 S Michigan Avenue

^$ 374,900

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11147 S Michigan Avenue

Chicago, IL, 60628

^$ 374,900

Bedrooms-- Baths--

Monthly Estimate*

^$ 2,339

11147 S Michigan Avenue, Chicago, IL 60628 - Image 1

Commercial Property for sale in Chicago, IL

for $374,900. This building was built in 1911 on a lot size of 0.07174.

Renovated in 2022, this staple in the West Roseland since 1969 on Michigan Avenue. It features a turnkey fully operational store-font restaurant with all the fixtures, furnishings, and equipment needed to continue its legacy of excellence. The reputation of Ware Ranch Steak House ensures a loyal customer base and a smooth transition for the new owner. In addition, the second floor features an open-concept living and dining area with a fully renovated kitchen including Stainless Steel Appliances, a beautiful backsplash with cabinets, and a ton of storage space. This space can also be used as a banquet hall. Parking in the rear fits 4 cars. (Everything stays except a small pop cooler and the pictures on the wall)

Commercial Active

Price

^$ 374,900

Property Type

Commercial

Taxes

^$ 1,282

Style

Lot Size

0.07174

Year Built

1911

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12496135

Features

General

Cooling Central Air

Year Built 1911

Electric Circuit Breakers

Tenant Pays Varies by Tenant

Stories Count 2

Township Hyde Park

Property Subtype Mixed Use

Tax Year 2022

Gross Income 0

County Cook

Insurance Expense 0

Property Type Commercial Sale Mixed Use

Possible Use Other

Status Active

Directions From Michigan Ave to Property Address

City Chicago

Number Of Units Total 2

MLS Area CHI - Roseland

Lot Size Square Feet 3125

Tax Annual Amount 1282.85

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N N

Standard Status Active

Exterior

Lot Dimensions 25X125

* Excluded Features

List By

Exp Realty

Broker

Reggietherealestateguy@gmail.com;Reggietherealestateguy@gmail.com

Affordability Calculator

$2,446

Per Month

Monthly Principal & Interest: $2,339
Monthly Property Taxes: $107
Monthly Home Insurance: --

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Interest Rate

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Yearly 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

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$1,035,064

Percent of Sale Price 176%

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
10/15/2025	$374,900		Listed Price

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11147 S Michigan Avenue, Chicago, IL, 60628 is a Commercial Property for sale at $374,900 with a lot size of 0.07174. 11147 S Michigan Avenue was built in 1911. 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 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.

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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Data is updated as of 12/12/2025.

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11147 S Michigan Avenue

Commercial Property for sale in Chicago, IL

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