11147 S Michigan Avenue Chicago, IL $ 390,000
11147 S Michigan Avenue
$ 390,000
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11147 S Michigan Avenue

Chicago, IL, 60628
$ 390,000
Bedrooms-- Baths--

Monthly Estimate*

$ 2,401

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Commercial Property for sale in Chicago, IL

for $390,000. This building was built in 1909 on a lot size of 0.07174.

Exceptional mixed-use property in the Roseland area, fully renovated in 2022 and ready for business or owner occupancy. The first floor features a fully equipped commercial space, complete with all necessary fixtures and furnishings to continue the legacy of the Ware Ranch Steak House. The second floor offers a flexible, open-concept area that can be used as additional dining, living space, or a banquet hall. Additional features include parking for 4 cars in the rear, central air, central heat with individual controls, and separate meters for electricity. Most items stay with the property, providing a turnkey opportunity, with only a small cooler and select wall decor excluded. Conveniently located with easy access to Michigan Avenue, this property is ideal for entrepreneurs, investors, or anyone looking to operate a business with residential potential above. Schedule your showing today and explore the possibilities this versatile Roseland property has to offer!

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Commercial Active

Price

$ 390,000

Property Type

Commercial

Taxes

$ 3,547

Style

Lot Size

0.07174

Year Built

1909

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12548314

Features
General
Cooling Central Air
Zoning OTHER
Year Built 1909
Electric Circuit Breakers Separate Meters
Stories Count 2
Property Subtype Mixed Use
Tax Year 2024
Gross Income 0
County Cook
Insurance Expense 2000
Property Type Commercial Sale Mixed Use
Status New
Directions MICHIGAN NORTH OR SOUTH TO ADDRESS
City Chicago
Number Of Units Total 2
MLS Area CHI - Roseland
Lot Size Square Feet 3125
Tax Annual Amount 3547
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
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Exterior
Lot Dimensions 3 125
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* Excluded Features
List By
Re/Max Mi Casa

Broker

jriverarealtor69@yahoo.com

Email

Affordability Calculator

$2,697
Per Month
89%
11%
0%
Monthly Principal & Interest
$2,401
Monthly Property Taxes
$296
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
1/16/2026$390,000 Listed Price

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11147 S Michigan Avenue, Chicago, IL, 60628 is a Commercial Property for sale at $390,000 with a lot size of 0.07174. 11147 S Michigan Avenue was built in 1909. The property's zip code is 60628 which is in Chicago, IL