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11241 S Michigan Ave 0.19 Acres of Industrial Land Offered at $125,000 in Chicago, IL 60628
INVESTMENT HIGHLIGHTS
- 9,250 VPD
- Just Off Lighted Intersection
- Easy Access to I-94
- Michigan Ave Frontage
- Blocks From CTA Red Line Expansion
- Double Wide Lot
EXECUTIVE SUMMARY
1241 S Michigan is an 8,208 SF land site with frontage on Michigan Ave. The property is located steps to the Metra Station and just blocks away from the proposed CTA Red Line Expansion Project. While the current zoning is allocated for manufacturing or industrial use, the Roseland Chamber of Commerce would entertain a zoning change
for the right Retail business.
for the right Retail business.
PROPERTY FACTS
| Price | $125,000 | Property Subtype | Industrial |
| Sale Type | Investment | Total Lot Size | 0.19 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land | ||
| Zoning | M1-1 - Open to a number of manufacturing and industrial possibilities. | ||
| Price | $125,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Total Lot Size | 0.19 AC |
| Opportunity Zone |
Yes |
| Zoning | M1-1 - Open to a number of manufacturing and industrial possibilities. |
1 LOT AVAILABLE
Lot
| Price | $125,000 | Lot Size | 0.19 AC |
| Price Per AC | $663,376.32 |
| Price | $125,000 |
| Price Per AC | $663,376.32 |
| Lot Size | 0.19 AC |
Double Wide Lot
DESCRIPTION
Double Wide Lot. Blocks From CTA Red Line Expansion.
Walk Score®
Very Walkable (80)
Bike Score®
Very Bikeable (82)
PROPERTY TAXES
| Parcel Number | 25-22-107-012-0000 | Improvements Assessment | $79,292 |
| Land Assessment | $8,208 | Total Assessment | $87,500 |
PROPERTY TAXES
Parcel Number
25-22-107-012-0000
Land Assessment
$8,208
Improvements Assessment
$79,292
Total Assessment
$87,500
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11241 S Michigan Ave
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