Date
Details
Price
Change
Source
9/02/2026
Listed
$725,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/8
$725,000
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Property Description
Great opportunity to Own one of the kind Building Suit for Restaurant with a Parking Lot for 25 Cars Plus ..Or Land For Development .Great Corner Location with So much Vehicular Traffic Minutes to Lake Michigan & Chicago Downtown ,Bring your Ideas for. new restaurant or coffe shop, fast food. Location and parking are the key to success. Call today. Sold in as is conditions
Full Property Details
Full Property Details for 3851 S Michigan Ave
General
- Price: $725,000
- Taxes: $41,982 (2025)
- Status: Active
- Type: Business
- Source: MRED
- MLS ID: 12749654
- Updated: 9/8/2026
- Added to Site: 34 day(s) ago
Business
- Business Type: Food & Beverage
Location
- Area: CHI - Douglas
- County: Cook
- Driving Directions: Michigan ave. South or North to 3851 S Michigan
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Ceiling Units
Structural Information
- Stories/Levels: 1
- Square Feet: 2,300
Lot Features
- Lot Size (Sq. Ft.): 14,400
- Lot Size Range: .50 to .99 Acre
- Lot Dimensions: 100 x 144
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Tax Amount: $41,982
- Tax Year: 2025
Disclosures and Reports
- Property ID: 17343230320000
Listed by Midwest Real Estate Brokerage LLC
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Listing agent
— 3851 S Michigan Ave —
Midwest Real Estate Brokerage LLC
NMLS#: 1598647
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Schools
Schools serving 3851 S Michigan Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Wells Preparatory Elementary Academy 249 East 37th Street, Chicago, IL 60653 | K-8 | 0.2 mi |
Phillips Academy High School 244 East Pershing Road, Chicago, IL 60653 | 12-11 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3851 S Michigan Ave
Tax History
Tax History for 3851 S Michigan Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$43,757
4%
$217,000
9%
2023
$41,982
3%
$198,326
—
2022
$40,920
2%
$198,326
—
2021
$40,001
14%
$198,326
26%
2020
$35,086
11%
$157,499
—
2019
$31,644
2%
$157,499
—
2018
$31,111
-7%
$157,499
2%
2017
$33,340
7%
$154,877
—
2016
$31,020
9%
$154,877
—
2015
$28,381
-1%
$154,877
—
2014
$28,736
2%
$154,877
—
2013
$28,168
1%
$154,877
—
2012
$27,792
—
$154,877
—
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 3851 S Michigan Ave
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- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 2Total Baths
- 915Sq. Ft.
- Single Family
- Active
- Updated 22 hours ago
- 5Beds
- 2Total Baths
- 1,141Sq. Ft.
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- Single Family
- Active
- Updated 4 days ago
- 6Beds
- 3Total Baths
- 3,750Sq. Ft.
- Single Family
- Active
- Updated 6 hours ago
- 3Beds
- 3Total Baths
- 845Sq. Ft.
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3851 S Michigan Avenue, Chicago, IL 60653 (MLS# 12749654) is a Business property. 3851 S Michigan Avenue is currently listed for $725,000 and was received on September 02, 2026. Want to learn more about 3851 S Michigan Avenue? Do you have questions about finding other Business real estate for sale in Douglas? You can browse all Douglas real estate or contact a Coldwell Banker agent to request more information.