501 W 111th Street Chicago, IL $ 100,000
501 W 111th Street
$ 100,000
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501 W 111th Street

Chicago, IL, 60628
$ 100,000
Bedrooms-- Baths--

Monthly Estimate*

$ 616

501 W 111th Street, Chicago, IL 60628 - Image 1
501 W 111th Street, Chicago, IL 60628 - Image 2
501 W 111th Street, Chicago, IL 60628 - Image 3

Commercial Property for sale in Chicago, IL

for $100,000. This building was built in 1922 on a lot size of 0.086088.

Attention investors, flippers, and contractors! This is your blank canvas: a solid, all-brick, mixed-use building with a proven income-generating layout (storefront + 3 apartments). The mixed-use building features a commercial storefront and three apartments. This building can produce significant income when all units are rented. Sold as-is, the seller is motivated, and there is a lot of value to this property. For the right buyer, this represents a rare chance to customize a cash-flowing asset from the ground up and build significant equity. Schedule a tour today.

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Commercial Contingent

Price

$ 100,000

Property Type

Commercial

Taxes

$ 3,625

Style

Lot Size

0.086088

Year Built

1922

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12526192

Features
General
Cooling None
Possession Closing
Zoning MULTI
Construction Materials Brick
Year Built 1922
Electric Circuit Breakers
Tenant Pays Varies by Tenant
Stories Count 2
Township Hyde Park
Property Subtype Mixed Use
Tax Year 2024
Gross Income 0
County Cook
Net Operating Income 0
Operating Expense 3000
Insurance Expense 0
Property Type Commercial Sale Mixed Use
Contingency Attorney/Inspection
Status Contingent
Directions I-94 (Bishop Ford Freeway): The closest major interstate. You would take exit 72 (111th Street/115th Street) and head west on 111th St. 111th street to normal
City Chicago
Number Of Units Total 4
MLS Area CHI - Roseland
Lot Size Square Feet 3750
Tax Annual Amount 3625.84
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active Under Contract
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Exterior
Lot Dimensions 30X125
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* Excluded Features
List By
Keller Williams Onechicago

Broker

tonyhardy@kw.com;Investment@kwcomercial.com

Email

Affordability Calculator

$918
Per Month
67%
33%
0%
Monthly Principal & Interest
$616
Monthly Property Taxes
$302
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
12/2/2025$100,000 Listed Price

Map


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501 W 111th Street, Chicago, IL, 60628 is a Commercial Property for sale at $100,000 with a lot size of 0.086088. 501 W 111th Street was built in 1922. The property's zip code is 60628 which is in Chicago, IL