3851 S Michigan Avenue Chicago, IL ^$ 725,000

3851 S Michigan Avenue

^$ 725,000

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Recently Listed

3851 S Michigan Avenue

Chicago, IL, 60653

^$ 725,000

Bedrooms-- Baths-- Sq 2,300

Monthly Estimate*

^$ 4,578

3851 S Michigan Avenue, Chicago, IL 60653 - Image 1

3851 S Michigan Avenue, Chicago, IL 60653 - Image 2

3851 S Michigan Avenue, Chicago, IL 60653 - Image 3

3851 S Michigan Avenue, Chicago, IL 60653 - Image 4

3851 S Michigan Avenue, Chicago, IL 60653 - Image 5

3851 S Michigan Avenue, Chicago, IL 60653 - Image 6

3851 S Michigan Avenue, Chicago, IL 60653 - Image 7

3851 S Michigan Avenue, Chicago, IL 60653 - Image 8

Commercial Property for sale in Chicago, IL

for $725,000. This 2,300 square foot building was built on a lot size of 0.330579.

Great opportunity to Own one of the kind Building Suit for Restaurant with a Parking Lot for 25 Cars Plus ...Great Corner Location with So much Vehicular Traffic Minutes to Lake Michigan & Chicago Downtown ,Bring your Ideas for. new restaurant or coffe shop, fast food. Location and parking are the key to success. Call today. Sold in as is conditions

Commercial Active

Price

^$ 725,000

Property Type

Commercial

Taxes

^$ 41,982

Style

Food & Beverage

Lot Size

0.330579

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12749654

Features

General

Cooling Central Air

Possession Closing

Zoning COMMR

Stories Count 1

Tax Year 2025

Business Type Food & Beverage

County Cook

Operating Expense 0

Property Type Business Opportunity Bus / Bus w/Real Est

Status New

Directions Michigan ave. South or North to 3851 S Michigan

City Chicago

MLS Area CHI - Douglas

Lot Size Square Feet 14400

Tax Annual Amount 41982

Additional Parcels Y/N N

Lease Type N/A

Standard Status Active

Exterior

Building Area Total 2300

Lot Dimensions 100x144

* Excluded Features

List By

Midwest Real Estate Brokerage Llc

Broker

joel.mandujano@ymail.com

Affordability Calculator

$8,076

Per Month

Monthly Principal & Interest: $4,578
Monthly Property Taxes: $3,499
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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 ^$971,224

Percent of Sale Price 34%

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
9/3/2026	$725,000		Listed Price

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3851 S Michigan Avenue, Chicago, IL, 60653 is a Commercial Property for sale at $725,000 with 2,300 sqft and a lot size of 0.330579. The property's zip code is 60653 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

http://www.mredllc.com/comms/resources/DMCA_Notice.pdf

Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 9/3/2026.

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3851 S Michigan Avenue

Commercial Property for sale in Chicago, IL

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