Properties

Features
: Central Air
Address Map
US
IL
Cook
Chicago
60619
71st
350
Street
W88° 21' 58.8''
N41° 45' 55''
I94 North to 71st Street East Past Calumet Avenue
CHI - Greater Grand Crossing
E
COMMR
Additional Information
12000
: Brick
: Commercial
Separate Meters
0.1768
12
750000
3
Listing Leaders Northwest, Inc
Shawna Jeninga
Financial
25301
Listing Information
237008
28292
Price Change
2026-11-04T15:14:04Z
MRED
2026-11-04T15:09:25Z
Property Description

SELLER SAYS SELL!! LOOKING TO CLOSE QUICK! Seller moving on to other ventures. Exceptional mixed-use investment opportunity in Greater Grand Crossing! This 12-unit property features 8 residential apartments and 4 commercial spaces, providing multiple income streams in one asset. Currently, 7 of the 8 apartments are occupied at $1,000/month each, while 3 of the 4 commercial spaces are occupied and generating a combined $5,000/month. Current occupied rental income totals approximately $12,000 per month / $144,000 annually, with additional upside from the vacant apartment and commercial/restaurant space. The property offers separately metered utilities rear parking and established commercial tenants. The available restaurant space creates an opportunity for an investor to increase income through lease-up or potentially reposition the space for another permitted use. Convenient South Side location with access to transportation, neighborhood businesses and major Chicago thoroughfares. Property sold as-is. Buyer to verify all information, income, expenses, zoning, permitted uses, assumes City violations, unit count and measurements.

Commercial Sale For Sale

350 E 71st Street, Chicago, Illinois 60619

$675,000
Listing ID#12769910
QR Code
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 12769910
Price : $675,000
Year Built : 1916
Listing Status : Active
Property Sub Type : Mixed Use
Contact Agent