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Listing provided courtesy of NB ELITE REALTY LLCMREDas Distributed by MLSGrid- MLS# 12645846MLS Provider

11147 S Michigan AvenueChicago, IL 60628

Commercial
$374,900 Active

11147 S Michigan Avenue Overview

Time on Site:
48 days
Visits:
0

Roseland Mixed Use Property.Turnkey opportunity with a fully renovated restaurant (2022) and a flexible open space on the Second Floor. Parking for 4 Vehicles in the back of the Property. Since 1969, the property has been a Steakhouse with a loyal clientele. Some of the renovations include new flooring, tables, and chairs, a full kitchen, a waitress station, lighting, an ice maker, a water heater, and a point-of-sale system, just to name a few. The second level is currently set up for banquet use, but could easily be converted to residential use.

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11147 S Michigan Avenue Facts & Features

  • Type Commercial

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Insurance Expense: 2000
  • Trash Expense: 0
  • Water Sewer Expense: 0

Building Information

  • Year Built: 1909

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Roseland

Tax Information

  • Tax Annual Amount: $3,547.00
  • Tax Year: 2024

General Information

  • Parcel Number: 25221020170000
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Zoning: OTHER

Interior

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers, Separate Meters
  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 3,125
  • Lot Size Square Feet: 3125

General Information

  • Number Of Units Total: 2

11147 S Michigan Avenue Neighborhood

Community

60628 (CHICAGO) Demographics

39
Median Age
5,913
Population Density (per sq. mile)
29%
College Educated
$44,410
Estimated Median Income
13,205
Estimated Total Home Owners
9,868
Estimated Total Renters
57% / 43%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

11147 S Michigan Avenue Monthly Cost

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$ %
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$
$
Jeremy Woods
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

11147 S Michigan Avenue Market Data

Based on the last 30 days in this zip code

$188,408
Average List Price
$132
Average Price per Square Foot
38
Properties Sold
93
Average Days on Market
249
Properties for Sale
Calculations provided by Reliance Network

11147 S Michigan Avenue History

Date Event Value Agent
5/17/2026Source: MRED Status Change
Active
5/12/2026Source: MRED Added to Database
May 12, 2026