Chicago, IL 60629,3121 W 71st ST
Chicago, IL 60629,3121 W 71st ST
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$ 395,000
Est. payment | /mo

8,864 SqFt


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$ 395,000
Est. payment | /mo
Save

8,864 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 8,864 sqft

Price per Sqft $44

MLS Listing ID 12468108

Year Built 1959

Annual Tax Amount $4,008

Tax Year 2023

Lot Dimensions 60x264

Property Sub-Type Mixed Use

Property Description

Prime mixed-use opportunity directly across from Marquette Park! This well-maintained building offers approximately 4,500 SF of ground-floor retail/office space, easily divisible into two separate units. The upper level features three residential apartments currently generating $4,000/month in rental income, providing immediate cash flow. Additional highlights include two, 2-car garages on site and B1-1 zoning, offering flexibility for a variety of business and investment uses. Perfect for an owner-user looking to operate their business on the ground floor while offsetting expenses with rental income, or for an investor seeking a stable, income-producing asset in a strong neighborhood location. With high visibility, strong foot and vehicle traffic, and a prime location across from the 318-acre Marquette Park, this property offers a unique blend of business potential and long-term investment upside.

Location

State IL

County Cook

Area Chi - Chicago Lawn

Interior

Cooling Central Air

Fireplace N

Building

Dwelling Type Mixed Use

Midwest Real Estate Data (MRED) IDX
Listed by Sean Wagner of  Millennium Properties RE, Inc. 

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 20
  • 7

    Northwest School

    Public | PK - 6

  • 7

    Kellogg Elementary School

    Public | KG - 8

  • 6

    Azuela Elementary School

    Public | KG - 8

  • 6

    Stevenson Elementary School

    Public | PK - 8

  • 6

    Hometown Elementary School

    Public | PK - 5

  • 6

    Durkin Park Elementary School

    Public | PK - 8

  • 6

    Peck Elementary School

    Public | PK - 8

  • 6

    Hurley Elementary School

    Public | PK - 8

  • 6

    Dawes Elementary School

    Public | PK - 8

  • 6

    Owen Elementary Scholastic Academy

    Public | KG - 8

  • 6

    Northeast Elementary School

    Public | PK - 6

  • 6

    Chavez Multicultural Academic Center Elementary School

    Public | PK - 8

  • 6

    Providence-Englewood Elementary Charter

    Public | KG - 8

  • 5

    Richard Byrd Elementary School

    Public | KG - 6

  • 5

    Pasteur Elementary School

    Public | PK - 8

  • 5

    Lee Elementary School

    Public | KG - 8

  • 5

    Sandoval Elementary School

    Public | KG - 5

  • 5

    Tonti Elementary School

    Public | PK - 5

  • 5

    Sawyer Elementary School

    Public | KG - 8

  • 5

    Talman Elementary School

    Public | PK - 8

Middle Schools 4
  • 9

    Lindblom Math & Science Academy High School

    Public | 7 - 12

  • 5

    Central Jr High School

    Public | 7 - 8

  • 4

    Hernandez Middle School

    Public | 6 - 8

  • 0

    San Miguel-Back of the Yards

    Private | 6 - 8

High Schools 14
  • 9

    Solorio Academy High School

    Public | 9 - 12

  • 9

    Back of the Yards International Baccalaureate High School

    Public | 9 - 9

  • 6

    Hubbard High School

    Public | 9 - 12

  • 6

    Goode STEM Academy High School

    Public | 9 - 10

  • 5

    Bogan High School

    Public | 9 - 12

  • 5

    Richards Career Academy High School

    Public | 9 - 12

  • 4

    Hancock College Preparatory High School

    Public | 9 - 12

  • 1

    Curie Metropolitan High School

    Public | 9 - 12

  • 1

    Gage Park High School

    Public | 9 - 12

  • 1

    Harper High School

    Public | 9 - 12

  • 0

    Pathways in Education High School

    Public | 9 - 12

  • 0

    Southside Occupational Academy High School

    Public | 12 - 12

  • 0

    Peace and Education Coalition High School

    Public | 10 - 12

  • 0

    Prologue - Johnston Fine Arts High School

    Public | 9 - 12

School and business data provided by Attom Data.
Tony Ciancanelli

Helping buyers and sellers move with convidence 

+1(708) 670-6334

tony.ciancanelli@exprealty.com

1000 Essington Rd, Joliet, IL, 60435-2841, USA

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3121 W 71st ST