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$ 124,900
Est. payment /mo
Price Dropped by $25K
10901 S Michigan AVE Chicago, IL 60628
2,808 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,808 sqft
Price per Sqft $44
MLS Listing ID 12613268
Year Built 1906
Annual Tax Amount $1,551
Tax Year 2024
Lot Dimensions 27X128
Property Sub-Type Mixed Use
Property Description
Price Improved & Possibilities Expanded - 10901 S Michigan Just Became Even More Tempting! Opportunity doesn't always knock twice... but this one just came back with a better price and a whole lot of potential. If you've been waiting for the right mixed-use, multi-unit, or creative investment opportunity to make your move, this may be your sign to stop scrolling and start planning. Two Units... or One Big Opportunity - this property gives you the flexibility to decide what comes next. Currently presenting as a 2-unit residential setup with apartments and a basement, the building was formerly configured as a commercial storefront with a residential unit above, opening the door to multiple possibilities for future use (buyer to verify zoning and permitted use with the city). Whether you're envisioning a multi-unit residential property, exploring a potential live/work concept, or considering a return to mixed-use functionality, this property offers room for ideas to grow. Inside, you'll find a layout designed for flexibility with multiple living spaces and a basement that adds additional room for storage, workspace, expansion potential, or future customization. The current setup provides functionality today, while the building's history leaves the door open for tomorrow's vision. And the location? Conveniently positioned along the Michigan Avenue corridor in Chicago's Roseland community, you're near neighborhood conveniences, local dining, shopping, and everyday essentials. Enjoy nearby outdoor recreation and green space at Palmer Park and Fernwood Park. Commuters will appreciate access to CTA bus routes along with nearby Metra Electric District service providing connectivity to downtown Chicago and surrounding areas. Major corridors including 111th Street and Michigan Avenue place neighborhood amenities within easy reach. The recent price adjustment makes this opportunity even harder to ignore. Properties with this level of flexibility, visibility, and potential don't always stay available for long - especially when the numbers start making even more sense. Whether you're an owner-occupant with vision, an investor exploring possibilities, or someone looking for a property that doesn't fit into just one category, 10901 S Michigan is ready for its next chapter. The only question is... what will you make it?
Location
State IL
County Cook
Area Chi - Roseland
Zoning COMMR
Interior
Cooling None
Fireplace N
Building
Dwelling Type Mixed Use
Structure Type Brick
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Tamika Marks of Trademarks & Associates