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11218 S Michigan Ave

ACTIVE

BUY

$399,000

Property Description

Located in an Opportunity Zone at the corner of 112th Place and Michigan Avenue, this 36,000-square-foot, four-story retail building with a full basement and freight elevator is now available for sale. The street-level storefront is currently leased to a furniture store, generating approximately $48,000 in annual rent. The fireproof structure with sprinklers throughout offers excellent redevelopment potential-ideal for conversion to self-storage or other commercial uses-while providing steady income from the existing tenant.

Bedrooms

--

Bathrooms

--

Levels

Built Year

1

MLS:

1950

12470924

Sqft

36000

Main Location

Chicago, IL 60628

Larisa Salma Zahdan

Realtor # 123.456.78

Email

Phone

312-678-7200

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Price of Property:

$399,000

Estimated monthly payment:

$2,521.95

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