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Susan Dickman

Broker

  • Office 773-627-8176
  • Cell 773-627-8176
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11000 Michigan Avenue, Chicago, IL – $1,850,000

  • $1.9M Price
  • $1.9M Price

11000 Michigan Avenue

Investors don't miss the opportunity to purchase this Value Add 66 Mixed-Use building for sale. Located in an Opportunity Zone, this building consist of 49 Apartments, 10 Offices, and 7 Retail stores. Tenants pay electric, cooking and heating gas. This building operates at a 10.16% Cap Rate and is 95% occupied. There is room for improvements that will increase monthly cash flow. This property is centered along the Chicago Transit Authority expansion plan, which would include 4 new train stations and also close proximity to the new Amazon Distribution Center.

Essential Information

  • MLS® #10650189
  • Price$1,850,000
  • Acres0.00
  • Year Built1927
  • TypeCommercial
  • Sub-TypeMixed Use
  • StatusActive

Community Information

  • Address11000 Michigan Avenue
  • AreaCHI - Roseland
  • CityChicago
  • CountyCook
  • StateIL
  • Zip Code60628

Interior

  • HeatingForced Air
  • CoolingWindow Unit/s
  • # of Stories7
  • Stories4

Exterior

  • ExteriorBrick
  • Lot DescriptionCorner, Public Transport Avail
  • RoofFlat
  • ConstructionBrick
  • FoundationConcrete

Additional Information

  • ZoningCOMMR

Listing Details

Office

MoHall Commerical & Urban Development

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Price Change History for 11000 Michigan Avenue, Chicago, IL (MLS® #10650189)

Date Details Change
Status Changed from New to Active

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 Berkshire Hathaway HomeServices KoenigRubloff Realty Group 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. Information deemed reliable but not guaranteed.

Listing information last updated on May 30th, 2020 at 12:05am CDT.