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$950,000
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Property Description
Opportunity Zone Investment Alert! Here's an excellent investment opportunity: deploy your capital into a unique property that spans residential, retail, and office spaces-all within a federally designated Opportunity Zone. The offering includes 66 units in total: 49 apartments, 10 office suites, 7 street level retail storefronts. All apartments and retail units have individual heating systems, while the office spaces are centrally heated by the owner-reducing operational costs for the next investor. Historically, this building has maintained around 90 percent occupancy, providing confidence as new owners renovate units and increase rents. In summary, this is a high-yield, tax-advantaged, mixed-use real estate play-testament to the power of investing within an Opportunity Zone. 100% vacant. Some units are in need for cosmetic rehabbing. Other Recent and Upcoming Projects in West Pullman. 1. Habitat for Humanity Townhomes (955 W. 115th St.) 2. $40M LightIndustrial Facility (1135-1325 W 119th St.) Pullman Crossings Industrial Park. * A 50-acre industrial campus by Ryan Companies, currently in its final phase. Ongoing Infrastructure & Community Enhancements. * Red Line Extension (CTA).
Full Property Details
Full Property Details for 11000 S Michigan Ave
General
- Price: $950,000
- Taxes: (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12412715
- Updated: 10/9/2025
- Added to Site: 195 day(s) ago
Additional Information
- Security/Safety: Fire Extinguisher(s), Smoke or Fire Protectors
Location
- Area: CHI - Roseland
- County: Cook
- Township: Hyde Park
- Driving Directions: Michigan Ave. south to 11000 S. Michigan. 2 buildings off corner of 110th place & Michigan Ave.
- Location Details: Corner, Public Transport Avail, Special Taxing District
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Forced Air
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Roof: Rubber
- Stories/Levels: 4
- Current Bldg. Use: Multi-Family, Other
- Year Built: 1927
- Built Before 1978: Yes
Lot Features
- Lot Size (Acres): 0.4
- Lot Size (Sq. Ft.): 17,866
- Lot Dimensions: 200 x 90
- Frontage: City Street
- Potential Use: Commercial, Office, Multi-Family, Retail
- Zoning: COMMR
Financial Considerations
- Security Deposit: Fire Extinguisher/s, Smoke or Fire Protectors
- Assessment Year: 1927
- Tax Year: 2023
- Tenant Pays: Air Conditioning, Electricity, Heat, Varies by Tenant
Disclosures and Reports
- Property ID: 25153200140000
Listed by Blue Door Dave Inc
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Schools
Schools serving 11000 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 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 11000 S Michigan Ave
Date
Details
Price
Change
Source
10/03/2025
Price Reduced
$950,000
-4.9%
MLS
9/18/2025
Price Reduced
$999,000
-16.75%
MLS
9/02/2025
Price Reduced
$1,200,000
-20%
MLS
7/26/2025
Price Reduced
$1,500,000
-6.25%
MLS
7/07/2025
Listed
$1,600,000
-20%
MLS
7/08/2022
Sold
$2,000,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 11000 S Michigan Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$71,348
2%
$271,544
—
2022
$69,682
25%
$271,544
21%
2021
$55,615
-29%
$225,298
-22%
2020
$77,978
68%
$288,989
50%
2019
$46,406
-30%
$192,411
-31%
2018
$66,642
21%
$277,232
34%
2017
$55,025
21%
$207,632
12%
2016
$45,561
-34%
$185,306
-40%
2015
$68,543
69%
$307,985
71%
2014
$40,668
—
$179,832
-1%
2013
$40,525
-8%
$182,355
-8%
2012
$44,107
—
$198,750
—
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 11000 S Michigan Ave
11000 S Michigan Avenue, Chicago, IL 60628 (MLS# 12412715) is a Commercial property. 11000 S Michigan Avenue is currently listed for $950,000 and was received on July 07, 2025. Want to learn more about 11000 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.

