Name: 11218 S Michigan Avenue IL, Chicago | MLS® 12470924
SKU: 12470924
Price: 399000.0 USD
Availability: InStock

$399,000 Sale

Listed 1 day

11218 S Michigan Avenue IL

MLS® 12470924 Retail/Stores

Your request was received!

We'll be in touch soon to confirm the details.

Date:

Beds · 0

Baths · 0

Parking · -

Sqft · -

Est. mortgage

$1,514/mo

Property Taxes

$13,950.38/yr

Association Fee

$0.00/mo

Key Facts

Key facts for 11218 S Michigan Avenue IL

Property Type

Commercial

Parking

MLS #

12470924

Size

Basement

Listed on

Lot size

Tax

$13,950.38 /yr

Days on Market

Year Built

1950

Maintenance Fee

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.

Similar Properties (No results)

Mortgage Calculator

Calculate your estimated monthly mortgage payment

Price $399,000

Down payment

Interest rate

Amortization

Total cost of mortgage

Monthly payment

By clicking Save, we will calculate your estimated mortgage for all properties using the saved values (down payment percentage, interest rate, and amortization).

The accuracy and applicability of this calculator are not guaranteed.

Full Property Details

Interior

Washrooms

Heating Source

Forced Air

Heating Type

Forced Air

Air Conditioning

Central Air

Washrooms

Heating Source

Forced Air

Heating Type

Forced Air

Air Conditioning

Central Air

Exterior

Lot Dimensions

116x80

Parking Spaces

Total Parking Spaces

Garage Spaces

Lot Dimensions

116x80

Parking Spaces

Total Parking Spaces

Garage Spaces

Building Description

Property Type

Commercial Sale

Home Type

Commercial

Subtype

Retail/Stores

Year Built

1950

Property Type

Commercial Sale

Home Type

Commercial

Subtype

Retail/Stores

Year Built

1950

Community

County

Cook

County

Cook

Taxes & Fees

Taxes

$13,950.38 /yr

Tax Year

2023

HOA Fee

$0.00 /mo

Taxes

$13,950.38 /yr

Tax Year

2023

HOA Fee

$0.00 /mo

Other

Directions

Northwest corner of Michigan Ave and 112th Place

Directions

Northwest corner of Michigan Ave and 112th Place

Grant Alexander

Email: [email protected] Cell: 708-573-0474