11241 S Michigan Avenue Chicago, IL ^$ 125,000

11241 S Michigan Avenue

^$ 125,000

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11241 S Michigan Avenue

Chicago, IL, 60628

^$ 125,000

Studio Baths0.0

Monthly Estimate*

^$ 780

11241 S Michigan Avenue, Chicago, IL 60628 - Image 1

11241 S Michigan Avenue, Chicago, IL 60628 - Image 2

11241 S Michigan Avenue, Chicago, IL 60628 - Image 3

Studio

Lots and Land for sale in Chicago, IL

for $125,000. The lot size is 0.19.

1241 S Michigan is an 8,208 SF land site with frontage on Michigan Ave. The property is located steps to the Metra Station and just blocks away from the proposed CTA Red Line Expansion Project. While the current zoning is allocated for manufacturing or industrial use, the Roseland Chamber of Commerce would entertain a zoning change for the right Retail business.

Lots and Land Active

Price

^$ 125,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 12,060

Style

Industrial,Retail

Lot Size

0.19

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12483104

Features

General

Utilities Electric to Site Natural Gas Available Sewer Connected Water Available

Possession Negotiable

Township South Chicago

Tax Year 2023

Current Use Industrial Retail

Ownership Fee Simple

County Cook

Property Type Land Land

Status Active

Directions On S Michigan Ave between 112th & 113th Streets

City Chicago

High School District 299

MLS Area CHI - Roseland

Tax Annual Amount 12060

Additional Parcels Y/N N

Standard Status Active

Middle/Junior School District 299

Elementary School District 299

Exterior

Total Parking 0

Lot Dimensions 54X151.6

Lot Size Acres 0.19

Road Surface Type Asphalt

Frontage Length 54

Frontage Type City Street

Waterfront Y/N N

Interior

Total Baths 0

* Excluded Features

List By

Sperry Van Ness

Broker

angelo.labriola@svn.com

Affordability Calculator

$1,785

Per Month

Monthly Principal & Interest: $780
Monthly Property Taxes: $1,005
Monthly Home Insurance: --

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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

Lots and land listings in Chicago, IL

Average List Price ^$322,476

Percent of Sale Price 158%

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.

566059 Elementary School

566846 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/30/2025	$125,000		Listed Price

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11241 S Michigan Avenue, Chicago, IL, 60628 is a Lots and Land for sale at $125,000 with a lot size of 0.19. 11241 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 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 12/15/2025.

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11241 S Michigan Avenue

Lots and Land for sale in Chicago, IL

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