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6830 S Langley Avenue, Chicago
$395,000
8 Beds ⋅ 4 Baths ⋅ 12772884 MLS ⋅ ACTIVE Status
Legal three-unit property in Woodlawn with separate utilities for each unit. Units 1 and 2 each offer three bedrooms and one bathroom. Unit 3 features two bedrooms, two bathrooms, and a den. Ideally positioned near the University of Chicago, Jackson Park, the newly opened Obama Presidential Center, and the planned Woodlawn Central mixed-use development. This property presents an excellent value-add opportunity for a new owner/investor. Live in one unit while earning rental income from the others, or add this property to your investment portfolio. The property is being sold AS-IS. The seller is motivated and will consider all serious offers. Schedule your showing today!

6830 S Langley Avenue, Chicago
350 E 71St Street, Chicago
$725,000
12769910 MLS ⋅ PRICE CHANGE Status
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. At the current $750,000 asking price, the property offers an attractive income-producing opportunity with significant value-add potential through stabilization of the remaining vacancies. 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, unit count and measurements.

350 E 71St Street, Chicago
342 E 71St Street, Chicago
$1,100,000
12696374 MLS ⋅ PRICE CHANGE Status
Exceptional Mixed-Use Investment Opportunity! This rare package includes two modern buildings being sold together, offering a total of 10 residential units and 4 commercial storefronts in a prime, income-producing location. 342-348 E. 71st, features four retail storefronts and four spacious 2-bedroom apartments, while 7051 S. Calumet Avenue is a three-story, six-unit apartment building, with all six units offering 2-bedroom layouts. Additional improvements include a partial roof replacement in 2024 on 342-348 E 71st, along with updated electrical and copper plumbing in 2020. The residential units are highly desirable 2-bedroom layouts, and the commercial component provides diversified income with additional upside potential. Whether you're expanding your portfolio or completing a 1031 exchange, this turnkey mixed-use investment offers strong cash flow, multiple revenue streams, and long-term appreciation potential.

342 E 71St Street, Chicago
Chicago
$374,900
12579288 MLS ⋅ ACTIVE Status
Located just east of the I-94 Expressway, this 2 story mixed use property is located on one of the best commercial strips in the Grand Crossing/Chatham area. World famous Lem's BBQ is across the street, Brown Sugar Bakery and Mabe's Deli are next door, and A&S Beverages, which is one of the best retail Beverage Stores in the city is located next to Mabe's. This building is fully occupied, with 2 retail spaces on the ground floor, and two 3 bed/1 bath residential apartments on the 2nd floor.

Chicago



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