10901 S Michigan Avenue Chicago, IL $ 124,900
10901 S Michigan Avenue
$ 124,900
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10901 S Michigan Avenue

Chicago, IL, 60628
$ 124,900
Bedrooms-- Baths-- Sq 2,808

Monthly Estimate*

$ 769

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Commercial Property for sale in Chicago, IL

for $124,900. This 2,808 square foot building was built in 1906 on a lot size of 0.078099.

Price Improved & Possibilities Expanded - 10901 S Michigan Just Became Even More Tempting! Opportunity doesn't always knock twice... but this one just came back with a better price and a whole lot of potential. If you've been waiting for the right mixed-use, multi-unit, or creative investment opportunity to make your move, this may be your sign to stop scrolling and start planning. Two Units... or One Big Opportunity - this property gives you the flexibility to decide what comes next. Currently presenting as a 2-unit residential setup with apartments and a basement, the building was formerly configured as a commercial storefront with a residential unit above, opening the door to multiple possibilities for future use (buyer to verify zoning and permitted use with the city). Whether you're envisioning a multi-unit residential property, exploring a potential live/work concept, or considering a return to mixed-use functionality, this property offers room for ideas to grow. Inside, you'll find a layout designed for flexibility with multiple living spaces and a basement that adds additional room for storage, workspace, expansion potential, or future customization. The current setup provides functionality today, while the building's history leaves the door open for tomorrow's vision. And the location? Conveniently positioned along the Michigan Avenue corridor in Chicago's Roseland community, you're near neighborhood conveniences, local dining, shopping, and everyday essentials. Enjoy nearby outdoor recreation and green space at Palmer Park and Fernwood Park. Commuters will appreciate access to CTA bus routes along with nearby Metra Electric District service providing connectivity to downtown Chicago and surrounding areas. Major corridors including 111th Street and Michigan Avenue place neighborhood amenities within easy reach. The recent price adjustment makes this opportunity even harder to ignore. Properties with this level of flexibility, visibility, and potential don't always stay available for long - especially when the numbers start making even more sense. Whether you're an owner-occupant with vision, an investor exploring possibilities, or someone looking for a property that doesn't fit into just one category, 10901 S Michigan is ready for its next chapter. The only question is... what will you make it?

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Commercial Active

Price

$ 124,900

Property Type

Commercial

Taxes

$ 1,551

Style

Lot Size

0.078099

Year Built

1906

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12613268

Features
General
Cooling None
Zoning COMMR
Construction Materials Brick
Year Built 1906
Electric Circuit Breakers Separate Meters
Stories Count 2
Township Hyde Park
Property Subtype Mixed Use
Tax Year 2024
Gross Income 0
County Cook
Insurance Expense 0
Property Type Commercial Sale Mixed Use
Status Active
Directions 111th St N/S to Michigan North to subject.
City Chicago
Number Of Units Total 2
MLS Area CHI - Roseland
Lot Size Square Feet 3402
Tax Annual Amount 1551.01
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
Foundation Details Concrete Perimeter
Building Area Total 2808
Lot Dimensions 27X128
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* Excluded Features
List By
Trademarks & Associates

Broker

marksrealtor@yahoo.com

Email

Affordability Calculator

$898
Per Month
86%
14%
0%
Monthly Principal & Interest
$769
Monthly Property Taxes
$129
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
5/7/2026$124,900 -16.68% Price Down
4/10/2026$149,900 Listed Price

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10901 S Michigan Avenue, Chicago, IL, 60628 is a Commercial Property for sale at $124,900 with 2,808 sqft and a lot size of 0.078099. 10901 S Michigan Avenue was built in 1906. The property's zip code is 60628 which is in Chicago, IL