11146 S Michigan Ave - Storefront FOR SALE


Chicago, IL 60628- Roseland
$80,000 USD
312-326-2121
11146 S Michigan Ave, Chicago, IL for Sale
$80,000 USD
Storefront - FOR SALE
1/12
null | Request Cap Rate

11146 S Michigan Ave
Chicago, IL 60628
Roseland


OVERVIEW

Ideal location for a new retail store, boutique, bakery, barber shop, salon, restaurant, convenience store, dry cleaners, or community center. The front room is ideal for use as dining or retail, and has been recently rehabbed with new recessed lighting, two half-baths (men's/women's), new entryway doors and windows, and is large enough to seat 80+ guests. Back room and basement could be converted to a kitchen, office space, or storage, if running a retail business. Space could also be divided to allow for multiple tenants. B1-3 zoning is one of Chicago's most powerful and flexible zoning designations for neighborhood-scale development. Ideal for both investors and owner-occupants, B1-3 zoning offers a blend of commercial exposure and residential density, allowing for ground-floor retail, service, or office use with residential units above, all without the costly delays of a zoning change.

FOR SALE DETAILS

PRICE

$80,000 USD

PRICE/SF

$35 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Convenience Store, Freestanding, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1899

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,016 SF

ZONING

B1-3

APN/PARCEL ID

25-22-101-032-0000

ASK ABOUT THIS PROPERTY

Nuj SuvarnamaniCentury 21 S.G.R., Inc.More Info
312-326-2121

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Nuj SuvarnamaniCentury 21 S.G.R., Inc.More Info
312-326-2121

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.