Contact us: 563.441.1776
Description
Roseland/Pollman area, Mixed-use building, approximately 4,000 Sq. ft. consisting of first floor commercial space about -+ 2,500 Sq. ft. with basement and 2nd level residential unit of 3-bedrooms, 2-baths apartment in need of work to be brought to living condition. Just a few blocks east of one of Chicago's most unique historic districts Michigan Ave., and State St. corridor). Close to I-94 (Bishop Ford Freeway) and I-57. Nearby Metra Electric Line (Pullman / 111th St. station) Providing commuter access to downtown. Close to the National Park. Main level store is leased month to month for $1,000 per month. Zoning is B1-3 allowing retail storefronts and apartments above the ground-floor. Annual real estate taxes for 2024 were $3,277.00. 2025 City of Chicago announced $48.3 Million Mixed-Use project for the neighborhood.
Property Highlights
Property Type: Commercial - Business
Building Description: 2.0 stories
Year Built: 1908
General Information
County: Cook
Listed By:
Century 21 Circle
773-465-4200
MRED MLS
MLS ID: 12617867
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11131 S Michigan Avenue, Chicago, IL 60628.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $129,000 | $129,000 | $129,000 |
| Down Payment | $25,800 | $4,515 | $32,250 |
| Monthly Mortgage Amount | $610 | $759 | $784 |
| Taxes | $180 | $180 | $180 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $57 | $0 |
| Monthly Estimated Total | $890 | $1,096 | $1,064 |
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