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$100,000 Contingent

  • For Sale
  • Contingent
  • Commercial
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Attention investors, flippers, and contractors! This is your blank canvas: a solid, all-brick, mixed-use building with a proven income-generating layout (storefront + 3 apartments). The mixed-use building features a commercial storefront and three apartments. This building can produce significant income when all units are rented. Sold as-is, the seller is motivated, and there is a lot of value to this property. For the right buyer, this represents a rare chance to customize a cash-flowing asset from the ground up and build significant equity. Schedule a tour today.

Full Property Details for 501 W 111th St

General

  • Price: $100,000
  • Taxes: $3,625 (2024)
  • Status: Contingent
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12526192
  • Updated: 12/10/2025
  • Added to Site: 124 day(s) ago

Additional Information

  • Security/Safety: Other

Location

  • Area: CHI - Roseland
  • County: Cook
  • Township: Hyde Park
  • Driving Directions: I-94 (Bishop Ford Freeway): The closest major interstate. You would take exit 72 (111th Street/115th Street) and head west on 111th St. 111th street to normal
  • Location Details: Chicago South

Heating & Cooling

  • Cooling Type: None
  • Heating Type: None

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Stories/Levels: 2
  • # of Stores: 1
  • Year Built: 1922
  • Built Before 1978: Yes

Lot Features

  • Lot Size (Sq. Ft.): 3,750
  • Lot Dimensions: 30 x 125
  • Zoning: MULTI

Financial Considerations

  • Operating Expenses: $3,000
  • Security Deposit: Other
  • Assessment Year: 1922
  • Tax Amount: $3,625.84
  • Tax Year: 2024
  • Tenant Pays: Varies by Tenant

Disclosures and Reports

  • Property ID: 25211050080000

Listed by Keller Williams ONEChicago

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Listing agents

— 501 W 111th St —

  • Keller Williams ONEChicago

  • Keller Williams ONEChicago

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 501 W 111th St

School District:Chicago Public School District 299
NameGradesDistance
Haley Elementary Academy
11411 South Eggleston Avenue, Chicago, IL 60628
PK-80.4 mi
Fenger Academy High School
11220 South Wallace Street, Chicago, IL 60628
9-120.2 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 501 W 111th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/02/2025
Listed
$100,000
72.41%
MLS
7/20/2015
Sold
$58,000
—
Public Record
Get Price Alerts and Save Property
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 for 501 W 111th St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,172
3%
$14,999
—
2022
$3,094
2%
$14,999
—
2021
$3,025
43%
$14,999
58%
2020
$2,114
-1%
$9,467
-11%
2019
$2,143
2%
$10,638
—
2018
$2,107
-47%
$10,638
-42%
2017
$3,958
7%
$18,348
—
2016
$3,684
9%
$18,348
—
2015
$3,371
10%
$18,348
11%
2014
$3,072
2%
$16,516
—
2013
$3,011
1%
$16,516
—
2012
$2,970
—
$16,516
—
View All
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 for 501 W 111th St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Keller Williams ONEChicago

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501 W 111th Street, Chicago, IL 60628 (MLS# 12526192) is a Commercial property. 501 W 111th Street is currently listed for $100,000 and was received on December 02, 2025. Want to learn more about 501 W 111th Street? 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.

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