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11000 S Michigan Avenue

Chicago, IL 60628
  • $1,800,000
  • STATUS: Active Under Contract
  • ON SITE: 610 Days
  • MLS #: 11046017
Under Contract
$1,800,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1927
County:

School Ratings & Info

Description

Rarely available fully occupied and professionally managed mixed use asset in the heart of planned Medical District of Roseland. Uniquely configured with 49 modern apartments, 10 professional offices and 7 retail street level stores. All apartments and 7 retail spaces have individual F/A furnaces. Located near schools, library, Roseland Hospital and on major CTA routes, it serves the community well. Running at near 100% occupancy. Gives a new investor stable revenue with upside potential. Located in Opportunity Zone. Near Pullman Revitalization development, US Bank Community Center and Retail Anchored by Walmart. Serious investor previews only. Must show 25% liquidity to schedule walkthrough.

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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 Rossi and Taylor Realty Group. Based on information submitted to the MRED as of 2022-12-08T23:57:57.51 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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11000 S Michigan Avenue Chicago, IL 60628

  • Price: $1,800,000
  • Status: Active Under Contract
  • On Site: 610 Days
  • MLS #: 11046017
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1927
Built
Neighborhood:
Chi - Roseland
County:
Cook
Area:
Chi - Roseland
Property Description
Rarely available fully occupied and professionally managed mixed use asset in the heart of planned Medical District of Roseland. Uniquely configured with 49 modern apartments, 10 professional offices and 7 retail street level stores. All apartments and 7 retail spaces have individual F/A furnaces. Located near schools, library, Roseland Hospital and on major CTA routes, it serves the community well. Running at near 100% occupancy. Gives a new investor stable revenue with upside potential. Located in Opportunity Zone. Near Pullman Revitalization development, US Bank Community Center and Retail Anchored by Walmart. Serious investor previews only. Must show 25% liquidity to schedule walkthrough.
Exterior Features

Exterior Building Type Brick Foundation Details Concrete Perimeter Frontage Type City StreetOn AirstripPublic RoadSignal Intersection Parking Total 0 Roof Rubber Roof Structure Flat

Interior Features

Cooling Window Unit(S) Heat Ventilation Forced Air

Property Features

Additional Parcels YN No Approximate Age Older Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show Yes Current Use Commercial Electric Circuit Breakers Fire Protection Fire Extinguisher/SSmoke Or Fire Protectors Geographic Locale Chicago South Gross Income 432300 Gross Scheduled Income 432300 Insurance Expense 10401 Location CornerPublic Transport Avail Number Of Tenants 66 Operating Expense 178346 Ownership Types Individual Possible Use Multi-Family Property Sub Type Mixed Use Rental Price 0 Tax Annual Amount 66134 Tax Year 2019 Tenant Pays Electricity Total Monthly Income 36037 Township Hyde Park Type Mixed Use

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Keller Williams Preferred Rlty: 708-798-1111.


© 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 Rossi and Taylor Realty Group. Based on information submitted to the MRED as of 2022-12-08T23:57:57.51 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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