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Listing provided courtesy of Century 21 CircleMREDas Distributed by MLSGrid- MLS# 12617867MLS Provider

11131 S Michigan AvenueChicago, IL 60628

Commercial · 4,000 Sq. ft.
$129,000 Active

11131 S Michigan Avenue Overview

Time on Site:
76 days
Visits:
2

Roseland/Pollman area, Mixed-use building, approximately 4,000 Sq. ft. consisting of first floor commercial space about -+ 2,500 Sq. ft. with basement and 2nd level residential unit of 3-bedrooms, 2-baths apartment in need of work to be brought to living condition. Just a few blocks east of one of Chicago's most unique historic districts Michigan Ave., and State St. corridor). Close to I-94 (Bishop Ford Freeway) and I-57. Nearby Metra Electric Line (Pullman / 111th St. station) Providing commuter access to downtown. Close to the National Park. Main level store is leased month to month for $1,000 per month. Zoning is B1-3 allowing retail storefronts and apartments above the ground-floor. Annual real estate taxes for 2024 were $3,277.00. 2025 City of Chicago announced $48.3 Million Mixed-Use project for the neighborhood.

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11131 S Michigan Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 4,000
  • Price/Sq.ft. $32

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Existing Lease Type: Gross
  • Fuel Expense: 0
  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Insurance Expense: 0
  • Trash Expense: 0
  • Water Sewer Expense: 0

Building Information

  • Year Built: 1908

Business Information

  • Current Use: Commercial

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Roseland

Tax Information

  • Tax Annual Amount: $3,277.00
  • Tax Year: 2024

General Information

  • Parcel Number: 25221020120000
  • Property Sub Type: Condominium
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 4000

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Foundation Details: Concrete Perimeter
  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street
  • Lot Size Dimensions: 25x125
  • Lot Size Square Feet: 3125

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Number Of Units Total: 2

11131 S Michigan Avenue Neighborhood

Community

60628 (CHICAGO) Demographics

39
Median Age
5,913
Population Density (per sq. mile)
29%
College Educated
$44,410
Estimated Median Income
13,205
Estimated Total Home Owners
9,868
Estimated Total Renters
57% / 43%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

11131 S Michigan Avenue Monthly Cost

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Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

11131 S Michigan Avenue Market Data

Based on the last 30 days in this zip code

$188,408
Average List Price
$132
Average Price per Square Foot
38
Properties Sold
93
Average Days on Market
249
Properties for Sale
Calculations provided by Reliance Network

11131 S Michigan Avenue History

Date Event Value Agent
4/19/2026Source: MRED Status Change
Active
4/14/2026Source: MRED Added to Database
April 14, 2026