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$390,000 Just Listed
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Property Description
Exceptional mixed-use property in the Roseland area, fully renovated in 2022 and ready for business or owner occupancy. The first floor features a fully equipped commercial space, complete with all necessary fixtures and furnishings to continue the legacy of the Ware Ranch Steak House. The second floor offers a flexible, open-concept area that can be used as additional dining, living space, or a banquet hall. Additional features include parking for 4 cars in the rear, central air, central heat with individual controls, and separate meters for electricity. Most items stay with the property, providing a turnkey opportunity, with only a small cooler and select wall decor excluded. Conveniently located with easy access to Michigan Avenue, this property is ideal for entrepreneurs, investors, or anyone looking to operate a business with residential potential above. Schedule your showing today and explore the possibilities this versatile Roseland property has to offer!
Full Property Details
Full Property Details for 11147 S Michigan Ave
General
- Price: $390,000
- Taxes: $3,547 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12548314
- Updated: 1/15/2026
- Added to Site: 2 day(s) ago
Additional Information
- Security/Safety: Fire Extinguisher(s)
Location
- Area: CHI - Roseland
- County: Cook
- Driving Directions: MICHIGAN NORTH OR SOUTH TO ADDRESS
- Location Details: Chicago South
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Heat/Individual Controls
Structural Information
- Stories/Levels: 2
- # of Stores: 1
- Year Built: 1909
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 3,125
- Lot Dimensions: 3125
- Zoning: OTHER
Financial Considerations
- Insurance Fee: $2,000
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1909
- Tax Amount: $3,547
- Tax Year: 2024
Disclosures and Reports
- Property ID: 25221020170000
Listed by RE/MAX Mi Casa
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Schools
Schools serving 11147 S Michigan Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Curtis Elementary School 32 East 115th Street, Chicago, IL 60628 | PK-8 | 0.4 mi |
Corliss High School 821 East 103rd Street, Chicago, IL 60628 | 9-12 | 1.4 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 11147 S Michigan Ave
Date
Details
Price
Change
Source
1/15/2026
Listed
$390,000
1200%
MLS
9/05/2018
Sold
$30,000
—
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 11147 S Michigan Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,313
2%
$4,999
—
2022
$1,283
4%
$4,999
—
2021
$1,234
-58%
$4,999
-54%
2020
$2,916
-3%
$10,808
-13%
2019
$2,996
—
$12,423
—
2018
$2,986
-21%
$12,423
-12%
2017
$3,759
8%
$14,185
—
2016
$3,488
10%
$14,185
—
2015
$3,157
2%
$14,185
4%
2014
$3,096
2%
$13,689
—
2013
$3,042
—
$13,689
—
2012
$3,038
—
$13,689
—
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 11147 S Michigan Ave
11147 S Michigan Avenue, Chicago, IL 60628 (MLS# 12548314) is a Commercial property. 11147 S Michigan Avenue is currently listed for $390,000 and was received on January 15, 2026. Want to learn more about 11147 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.

