11537 Michigan Ave Chicago, IL 60628

This exceptional investment opportunity presents a 1,760 square foot retail building situated on a 4,498 square foot lot in Chicago, Illinois. Located at 11537 S Michigan Ave, zip code 60628, this single-story property is zoned RS-3 and boasts a compelling asking price of $49,000, translating to $27.81 per square foot. The building features a large brick structure suitable for various commercial uses, and includes an apartment space requiring completion. Recent improvements include a new roof (installed in 2006), a new furnace (2005), and mechanical improvements (2006). The property is being sold "as is" and importantly, includes the adjacent northern lot. This presents a unique chance to acquire a substantial property in a desirable Chicago location with significant potential for return on investment. The Cook County Assessor's Parcel Number (APN) is 25223010490000. This property is ideal for an investor seeking a value-add opportunity with potential for immediate income generation and future development. The existing structure provides a solid foundation for a variety of commercial ventures, and the inclusion of the adjacent lot offers significant expansion possibilities.