Listing provided courtesy of Trademarks & AssociatesMREDas Distributed by MLSGrid- MLS# 12613268MLS Provider

10901 S Michigan AvenueChicago, IL 60628

Commercial · 2,808 Sq. ft.
$124,900 Active

10901 S Michigan Avenue Overview

Time on Site:
81 days
Visits:
1

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?

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10901 S Michigan Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 2,808
  • Price/Sq.ft. $44

Details

General

Income/Expenses

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

Building Information

  • Year Built: 1906

Location/Region

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

Tax Information

  • Tax Annual Amount: $1,551.01
  • Tax Year: 2024

General Information

  • Parcel Number: 25153180010000
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 2808

General Information

  • Cooling: None
  • Electric: Circuit Breakers, Separate Meters
  • Foundation Details: Concrete Perimeter
  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 27X128
  • Lot Size Square Feet: 3402

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Number Of Units Total: 2

10901 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.

10901 S Michigan Avenue Monthly Cost

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$
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* 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.

10901 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

10901 S Michigan Avenue History

Date Event Value Agent
5/11/2026Source: MRED Status Change
Active
5/6/2026Source: MRED Price Reduction
$124,900 -16.7%
5/6/2026Source: MRED Status Change
Price Change
4/14/2026Source: MRED Status Change
Active
4/9/2026Source: MRED Added to Database
April 09, 2026