Skip To Content

11218 S Michigan Avenue

Chicago, IL 60628
  • $399,000
  • STATUS: Active
  • ON SITE: 124 Days
  • MLS #: 12470924
UPDATED: 127 min ago
$399,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1950
County:
Area:

School Ratings & Info

Description

Located in an Opportunity Zone at the corner of 112th Place and Michigan Avenue, this 36,000-square-foot, four-story retail building with a full basement and freight elevator is now available for sale. The street-level storefront is currently leased to a furniture store, generating approximately $48,000 in annual rent. The fireproof structure with sprinklers throughout offers excellent redevelopment potential-ideal for conversion to self-storage or other commercial uses-while providing steady income from the existing tenant.

Monthly Payment Calculator



© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2026-02-16T23:03:26.233 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
www.luxhomechicago.com/homes/168913931
Print Image

11218 S Michigan Avenue Chicago, IL 60628

  • Price: $399,000
  • Status: Active
  • On Site: 124 Days
  • Updated: 127 min ago
  • MLS #: 12470924
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1950
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
Located in an Opportunity Zone at the corner of 112th Place and Michigan Avenue, this 36,000-square-foot, four-story retail building with a full basement and freight elevator is now available for sale. The street-level storefront is currently leased to a furniture store, generating approximately $48,000 in annual rent. The fireproof structure with sprinklers throughout offers excellent redevelopment potential-ideal for conversion to self-storage or other commercial uses-while providing steady income from the existing tenant.
Interior Features

Cooling Central Air Heat Ventilation Forced Air Number Of TLDocks 0

Property Features

Additional Parcels YN Yes Building Area Total 36000 Electric Service - 201 to 600 Amps Fire Protection Sprinklers Leasable Area 0 Mls Actual Status Active Net Operating Income 0 Number Of Tenants 1 Property Offered For Sale Only Property Sub Type Retail Tax Annual Amount 13950.38 Tax Year 2023 Type Retail/Stores

Listing information © 2026 Midwest Real Estate Data LLC.
Listing provided courtesy of My Realty Chicago Inc: 773-463-0000.


© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2026-02-16T23:03:26.233 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
Logo
@properties
737 North Michigan Avenue, Suite 1800
Chicago IL, 60611