10550 S Michigan Ave, Chicago, IL 60628

10550 S. Michigan Avenue is a 12,500 SF freestanding commercial building on 40,722 SF of land in Roseland. The property has operated as an automotive repair and collision facility since 1974 and is zoned B1-1. The building features 3 drive-in doors, a paint booth, a finished customer office, and a large fenced and secured yard, well suited to collision, auto repair, towing, fleet maintenance, contractor, and trade users. For a qualified operator, the existing automotive business, including shop equipment, is also available, offering the opportunity to acquire a turnkey facility with an established local presence. Details are available upon request with a signed confidentiality agreement. The property fronts Michigan Avenue with strong daily traffic counts and quick access to I-57 and I-94. Roseland is seeing significant new public and private investment. CTA broke ground in April 2026 on the $5.7 billion Red Line Extension, adding four new stations south of 95th Street, including one at 103rd Street about a half mile from the property and one at Michigan Avenue and 115th Street roughly a mile south. Next to the 115th Street station, Chicago Neighborhood Initiatives is planning 1Fifteen at Michigan Station, a $48.3 million mixed-use development with 58 apartments and 23,000 SF of retail anchored by a grocery store. Michigan Avenue is also an INVEST South/West priority corridor, and the property falls within TIF districts and Opportunity Zone tracts, giving buyers access to meaningful incentive programs