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$125,000
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Property Description
1241 S Michigan is an 8,208 SF land site with frontage on Michigan Ave. The property is located steps to the Metra Station and just blocks away from the proposed CTA Red Line Expansion Project. While the current zoning is allocated for manufacturing or industrial use, the Roseland Chamber of Commerce would entertain a zoning change for the right Retail business.
Full Property Details
Full Property Details for 11241 S Michigan Ave
General
- Price: $125,000
- Taxes: $23,695 (2024)
- Status: Active
- Type: Lots/Land
- Source: MRED
- MLS ID: 12483104
- Updated: 12/19/2025
- Added to Site: 80 day(s) ago
Location
- Area: CHI - Roseland
- County: Cook
- Township: South Chicago
- Driving Directions: On S Michigan Ave between 112th & 113th Streets
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Utilities
- Onsite: Electricity to Site, Natural Gas Available, Sewer Connected, Water Available
Structural Information
- Square Feet: 0.19
- Current Bldg. Use: Industrial, Retail
Lot Features
- Lot Size (Acres): 0.19
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 54 x 151.6
- Frontage: City Street
- Frontage Feet: 54
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $23,695.13
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 25221070120000
Listed by Sperry Van Ness
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Schools
Schools serving 11241 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 | 0.3 mi |
Corliss High School 821 East 103rd Street, Chicago, IL 60628 | 9-12 | 1.5 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 11241 S Michigan Ave
Date
Details
Price
Change
Source
10/30/2025
Listed
$125,000
92.31%
MLS
7/25/2022
Sold
$65,000
—
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 11241 S Michigan Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$12,060
2%
$45,900
—
2022
$11,779
4%
$45,900
—
2021
$11,331
15%
$45,900
25%
2020
$9,896
12%
$36,675
—
2019
$8,845
—
$36,675
—
2018
$8,816
14%
$36,675
26%
2017
$7,728
8%
$29,160
—
2016
$7,170
10%
$29,160
—
2015
$6,490
-2%
$29,160
—
2014
$6,594
14%
$29,160
12%
2013
$5,808
—
$26,135
—
2012
$5,800
—
$26,135
—
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 11241 S Michigan Ave
11241 S Michigan Avenue, Chicago, IL 60628 (MLS# 12483104) is a Lots/Land property with a lot size of 0.19 acres. 11241 S Michigan Avenue is currently listed for $125,000 and was received on October 30, 2025. Want to learn more about 11241 S Michigan Avenue? Do you have questions about finding other Lots/Land real estate for sale in Roseland? You can browse all Roseland real estate or contact a Coldwell Banker agent to request more information.

