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11218 S Michigan Avenue Chicago, IL 60628

$399,000
Active / MLS# 12470924 / Commercial - Retail / Chicago
0 Beds
36000 SqFt

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.

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Property Details

Property Type: Commercial - Retail
Cooling: Central Air
Lot Size: 0.21 Acres
Stories: 4.0
Taxes: $13,950
Year Built: 1950

Feature Descriptions

Electric: Service - 201 to 600 Amps
Fire Protection: Sprinklers
HVAC: Forced Air
Lot Dimensions: 116x80
Number of Tenant(s): 1
Parcel#: 25221050340000

Location

See details and scored characteristics about this location.

Listing Office: My Realty Chicago Inc

Listing Office Phone: 773-463-0000



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