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Undisclosed Address

Chicago, Illinois, 60628, United States

Property ID: #15591378 // Commercial // Source Status: Active Under Contract
    / 5
Traditional Sale
List Price:
USD $50,000
Icon 2,008 ft²
Icon 0.09 acres
Icon - beds
Icon - baths
City:
Chicago
State:
Illinois
Zip Code:
60628
County:
Cook
Neighborhood:
Chi - Roseland
Country:
United States
Property Type:
Commercial
Additional Property Types:
Commercial, Mixed Use
Year Built:
1892
Property Size:
2,008 ft²
Lot Size:
0.09 acres
Units:
2
Data Source:
Midwest Real Estate Data (MRED)
MLS/Reference Number(s):
12652513
Source Status:
Active Under Contract
Source Property Type:
Commercial Sale, Mixed Use

Property Provided By

  • Erin Booker
  • Engel & Voelkers Chicago North Shore
  • +1 (847) 418-7318

Property Information

Mixed-use opportunity with major upside potential. This property features a commercial storefront on the main level with a residential apartment above and experienced a significant fire event in January 2026. The property is being sold strictly as-is. Chicago Fire Department reports indicate damage from fire, smoke, and water, with the fire originating in the living space. Extensive rehabilitation will be required, making this an opportunity best suited for experienced investors, developers, rehabbers, or business owners looking to customize a live/work or income-producing property. Insurance and inspection documentation available. Preliminary estimates reference repairs to roofing, framing, siding, interior plaster/drywall, flooring, ceilings, and portions of the attic and living areas. Located along the planned Red Line Extension corridor, this property offers long-term redevelopment and investment potential in a growing area of Chicago. Buyer to perform all due diligence regarding condition, zoning, permits, code compliance, and feasibility of renovation or redevelopment. Cash or renovation financing likely required. Enter at your own risk; showings only with permission and appropriate precautions. Rare opportunity to reposition a mixed-use property in an area poised for future investment and infrastructure growth.

Directions

West on 115th, South on Michigan Ave.

Source Disclaimer

Midwest Real Estate Data (MRED)

Based on information submitted to the MLS GRID as of 2026-08-28 20:50:11 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This content last updated on 2026-09-23 01:19:29. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.

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