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$124,900
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Property Description
Price Improved & Possibilities Expanded - 10901 S Michigan Just Became Even More Tempting! Opportunity doesn't always knock twice... but this one just came back with a better price and a whole lot of potential. If you've been waiting for the right mixed-use, multi-unit, or creative investment opportunity to make your move, this may be your sign to stop scrolling and start planning. Two Units... or One Big Opportunity - this property gives you the flexibility to decide what comes next. Currently presenting as a 2-unit residential setup with apartments and a basement, the building was formerly configured as a commercial storefront with a residential unit above, opening the door to multiple possibilities for future use (buyer to verify zoning and permitted use with the city). Whether you're envisioning a multi-unit residential property, exploring a potential live/work concept, or considering a return to mixed-use functionality, this property offers room for ideas to grow. Inside, you'll find a layout designed for flexibility with multiple living spaces and a basement that adds additional room for storage, workspace, expansion potential, or future customization. The current setup provides functionality today, while the building's history leaves the door open for tomorrow's vision. And the location? Conveniently positioned along the Michigan Avenue corridor in Chicago's Roseland community, you're near neighborhood conveniences, local dining, shopping, and everyday essentials. Enjoy nearby outdoor recreation and green space at Palmer Park and Fernwood Park. Commuters will appreciate access to CTA bus routes along with nearby Metra Electric District service providing connectivity to downtown Chicago and surrounding areas. Major corridors including 111th Street and Michigan Avenue place neighborhood amenities within easy reach. The recent price adjustment makes this opportunity even harder to ignore. Properties with this level of flexibility, visibility, and potential don't always stay available for long - especially when the numbers start making even more sense. Whether you're an owner-occupant with vision, an investor exploring possibilities, or someone looking for a property that doesn't fit into just one category, 10901 S Michigan is ready for its next chapter. The only question is... what will you make it?
Full Property Details
Full Property Details for 10901 S Michigan Ave
General
- Price: $124,900
- Taxes: $1,551 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12613268
Location
- Area: CHI - Roseland
- County: Cook
- Township: Hyde Park
- Driving Directions: 111th St N/S to Michigan North to subject.
- Location Details: Chicago South
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air, Gas
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Stories/Levels: 2
- Square Feet: 2,808
- # of Stores: 1
- Year Built: 1906
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 3,402
- Lot Dimensions: 27 x 128
- Zoning: COMMR
Financial Considerations
- Assessment Year: 1906
- Tax Amount: $1,551.01
- Tax Year: 2024
Disclosures and Reports
- Property ID: 25153180010000
Listed by Trademarks & Associates
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Schools
Schools serving 10901 S Michigan Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Lavizzo Elementary School 138 West 109th Street, Chicago, IL 60628 | PK-8 | 0.3 mi |
Corliss High School 821 East 103rd Street, Chicago, IL 60628 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 10901 S Michigan Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,375
—
$7,700
18%
2023
$1,375
3%
$6,499
—
2022
$1,341
110%
$6,499
—
2021
$639
-56%
$6,499
-32%
2020
$1,437
-5%
$9,538
-13%
2019
$1,518
180%
$10,964
255%
2018
$543
-8%
$3,086
—
2017
$591
4%
$3,075
—
2016
$567
-68%
$3,075
-75%
2015
$1,793
29%
$12,386
23%
2014
$1,395
3%
$10,066
—
2013
$1,356
—
$10,066
—
2012
$1,362
—
$10,066
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 10901 S Michigan Ave
10901 S Michigan Avenue, Chicago, IL 60628 (MLS# 12613268) is a Commercial property. 10901 S Michigan Avenue is currently listed for $124,900 and was received on April 07, 2026. Want to learn more about 10901 S Michigan Avenue? Do you have questions about finding other Commercial real estate for sale in Roseland? You can browse all Roseland real estate or contact a Coldwell Banker agent to request more information.

