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11411 S Michigan Avenue

Chicago, IL 60628
  • $180,000
  • STATUS: Active
  • ON SITE: 19 Days
  • MLS #: 11474398
UPDATED: 51 min ago
$180,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1913
County:

School Ratings & Info

Description

"The Avenue" is positioned to provide an option for affordable housing as well as provide services to the community and take advantage of the commercial activity from the Pullman Nat'l Monument district. Commercial tenant operates Barbershop on ground level which has the potential to expand into full unfinished basement. Upper level has two bedroom apartment with the potential to build-out second apartment. Electrical panel, boiler heat converted to forced air (furnace) updated 2021 and central air. Property SOLD AS-IS. The City of Chicago offer the following incentives as a part of the Invest South West - Michigan Ave Greater Roseland such as the Chicago Recovery Plan - Neighborhood Opportunity Fund - TIF Districts Purchase Rehab Program which are major incentives available for commercial uses on Michigan Avenue. Flyer under the "additional information" tab. Erika Sellke, AICP - Lead Planner, Far South Region is will to answers any questions regarding the programs

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© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2022-08-14T16:58:56.537 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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11411 S Michigan Avenue Chicago, IL 60628

  • Price: $180,000
  • Status: Active
  • On Site: 19 Days
  • Updated: 51 min ago
  • MLS #: 11474398
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1913
Built
Neighborhood:
Chi - Roseland
County:
Cook
Area:
Chi - Roseland
Property Description
"The Avenue" is positioned to provide an option for affordable housing as well as provide services to the community and take advantage of the commercial activity from the Pullman Nat'l Monument district. Commercial tenant operates Barbershop on ground level which has the potential to expand into full unfinished basement. Upper level has two bedroom apartment with the potential to build-out second apartment. Electrical panel, boiler heat converted to forced air (furnace) updated 2021 and central air. Property SOLD AS-IS. The City of Chicago offer the following incentives as a part of the Invest South West - Michigan Ave Greater Roseland such as the Chicago Recovery Plan - Neighborhood Opportunity Fund - TIF Districts Purchase Rehab Program which are major incentives available for commercial uses on Michigan Avenue. Flyer under the "additional information" tab. Erika Sellke, AICP - Lead Planner, Far South Region is will to answers any questions regarding the programs
Exterior Features

Docks None Exterior Building Type Brick Foundation Details Concrete Perimeter Frontage Type City Street Parking Total 0 Roof Rubber Roof Structure Flat

Interior Features

Cooling Central Air Heat Ventilation Forced Air Miscellaneous Inside Basement

Property Features

Additional Parcels YN No Approximate Age Older Building Area Total 4032 Built Before1978 YN Yes Current Use Commercial Electric Circuit Breakers Fire Protection Carbon Monoxide Detector(S) Geographic Locale Chicago South Gross Income 0 Gross Scheduled Income 15600 Insurance Expense 6000 Mls Actual Status Active Number Of Tenants 1 Ownership Types Individual Possible Use Commercial Property Sub Type Apts/Stores Rental Price 15 Tax Annual Amount 3201 Tax Year 2020 Tenant Pays ElectricityHeatVaries By Tenant Total Monthly Income 1300 Township Hyde Park Type Mixed Use

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Re-Chrg Inc.


© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2022-08-14T16:58:56.537 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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605 N Michigan, 4th Floor
Chicago IL, 60611