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11146 S Michigan Avenue

$80,000

11146 S Michigan Avenue, Chicago, IL 60628

Active
Last Updated: 06/20/2025

3,016 sqft

Lot Area

1899

Year Built

Details:
Lot Area:    3,016 sqft
Year Built:    1899
MlsNumber:    12396842
Highlights:
  • Annual Tax: $ 3415.76
Description:

Ideal location for a new retail store, boutique, bakery, barber shop, salon, restaurant, convenience store, dry cleaners, or community center. The front room is ideal for use as dining or retail, and has been recently rehabbed with new recessed lighting, two half-baths (men's/women's), new entryway doors and windows, and is large enough to seat 80+ guests. Back room and basement could be converted to a kitchen, office space, or storage, if running a retail business. Space could also be divided to allow for multiple tenants. B1-3 zoning is one of Chicago's most powerful and flexible zoning designations for neighborhood-scale development. Ideal for both investors and owner-occupants, B1-3 zoning offers a blend of commercial exposure and residential density, allowing for ground-floor retail, service, or office use with residential units above, all without the costly delays of a zoning change.

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