11109 MichiganChicago, IL 60628

  • Retail properties
  • 11,400 SF
For Lease
$5.29/SF/YR View listing

Property Details for 11109 Michigan

Year built
1892
Lot size
0.12 AC
Property size (Sq ft)
11,400 SF
Property type
Retail properties
Property subtype
Retail space
APN
25-22-102-006
APU
2522102006

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,385,544
    6.5%
    $4,971,271
    7%
    $4,616,180
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,741,822
    Geo Method
    $3,741,822
  • Alternative Use

    Use
    Valuation
    Residential
    $4,193,453
    Hospitality
    $3,841,180
    Educational
    $3,195,817
    Medical
    $3,305,726
    Retail
    $4,971,271
11109 Michigan, Chicago, Illinois

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.6922
Longitude
-87.6207
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $56,186
  • Assessed land value
    $11,812
  • Assessed value
    $67,998
  • Tax year
    2022
  • Tax bill
    $17,449

FAQs

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