Chicago, IL 60628,11000 S Michigan AVE
Chicago, IL 60628,11000 S Michigan AVE
Chicago, IL 60628,11000 S Michigan AVE
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$950,000
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0.4 Acres Lot
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11000 S Michigan AVE Chicago, IL 60628

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Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12412715

Year Built 1927

Tax Year 2023

Lot Size 0.400 Acres

Lot Dimensions 200X90

Property Sub-Type Multi Family 5+

Property Description

Opportunity Zone Investment Alert! Here's an excellent investment opportunity: deploy your capital into a unique property that spans residential, retail, and office spaces-all within a federally designated Opportunity Zone. The offering includes 66 units in total: 49 apartments, 10 office suites, 7 street level retail storefronts. All apartments and retail units have individual heating systems, while the office spaces are centrally heated by the owner-reducing operational costs for the next investor. Historically, this building has maintained around 90 percent occupancy, providing confidence as new owners renovate units and increase rents. In summary, this is a high-yield, tax-advantaged, mixed-use real estate play-testament to the power of investing within an Opportunity Zone. 100% vacant. Some units are in need for cosmetic rehabbing. Other Recent and Upcoming Projects in West Pullman. 1. Habitat for Humanity Townhomes (955 W. 115th St.) 2. $40M LightIndustrial Facility (1135-1325 W 119th St.) Pullman Crossings Industrial Park. * A 50-acre industrial campus by Ryan Companies, currently in its final phase. Ongoing Infrastructure & Community Enhancements. * Red Line Extension (CTA).

Location

State IL

County Cook

Area Chi - Roseland

Zoning COMMR

Interior

Cooling Window Unit(s)

Fireplace N

Exterior

Roof Type Rubber

Building

Dwelling Type Multi Family 5+

Structure Type Brick


Midwest Real Estate Data (MRED) IDX
Listed by Amanda Stapleton of  Blue Door Dave Inc 

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    McDade Elementary Classical School

    Public | KG - 6

  • 10

    Poe Elementary Classical School

    Public | KG - 6

  • 9

    Earhart Options for Knowledge Elementary School

    Public | KG - 6

  • 8

    McDowell Elementary School

    Public | KG - 5

  • 6

    Turner-Drew Elementary Language Academy

    Public | KG - 8

  • 5

    Colemon Elementary Academy

    Public | PK - 8

  • 5

    Barnard Elementary School

    Public | KG - 8

  • 5

    Whistler Elementary School

    Public | PK - 8

  • 5

    Kipling Elementary School

    Public | KG - 8

  • 5

    R. Brown Elementary Community Academy

    Public | PK - 8

  • 5

    Burnside Elementary Scholastic Academy

    Public | PK - 8

  • 4

    Vanderpoel Elementary Magnet School

    Public | KG - 8

  • 4

    Shoop Math-Science Technical Academy Elementary School

    Public | PK - 8

  • 4

    W. Green Elementary School

    Public | KG - 8

  • 4

    Higgins Elementary Community Academy

    Public | PK - 8

  • 4

    M. Garvey Elementary School

    Public | KG - 8

  • 4

    Fernwood Elementary School

    Public | PK - 8

  • 4

    Dunne Technology Academy

    Public | PK - 8

  • 4

    Evers Elementary School

    Public | KG - 8

  • 4

    Haley Elementary Academy

    Public | PK - 8

Middle Schools 2
  • 5

    Calumet Elementary School

    Public | 6 - 8

  • 0

    Banner Therapeutic Day School

    Private | 7 - 12

High Schools 10
  • 10

    Brooks College Preparatory Academy High School

    Public | 9 - 12

  • 6

    Fenger Academy High School

    Public | 9 - 12

  • 6

    Harlan Community Academy High School

    Public | 9 - 12

  • 6

    Carver Military Academy High School

    Public | 9 - 12

  • 5

    Julian High School

    Public | 9 - 12

  • 4

    Morgan Park High School

    Public | 9 - 12

  • 4

    Corliss High School

    Public | 9 - 12

  • 0

    Prologue - Johnston Fine Arts High School

    Public | 9 - 12

  • 0

    Chicago Excel Academy High School

    Public | 9 - 12

  • 0

    Banner Academy South

    Private | 9 - 12

School and business data provided by Attom Data.

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Ariel Manlapaz

Ariel Manlapaz

Real Estate Consultant | License ID: 475173895

+1(847) 924-7177

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11000 S Michigan AVE