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11000 Michigan Avenue  Chicago IL 60628

11000 Michigan Avenue Chicago, IL 60628

Price Reduced For Sale
11000 Michigan Avenue
Chicago, IL 60628
Price: $950,000
Type: Commercial Sale
Lot Size (Acres): 0.4
Agent: Amanda Stapleton
Agent Email: amanda@amandastapleton.com;assist.amandastapleton@gmail.com
Broker: Blue Door Dave Inc
Broker Phone: 312-344-1487

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).

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