514 W 71st Street Chicago, IL 60621
- Added:
- Mar 7, 2026
- Days on Market:
- 47
- Last Refresh:
- Apr 23 at 4:06 pm
Property Features for 514 W 71st Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Standard status
- Active
- APN
- 20213260160000
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 26922
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1914
- Floors in Building
- 1
- Number of units
- 3
- Building materials
- Brick
Listing agent Aladdin Shelo (708) 710-3828
Listing office HomeSmart Realty Group 9755 W. 143rd St., Orland Park, IL (708) 320-0002
Listing date Mar 7, 2026
MLS# 12582502
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
Chicago Commercial Property For Sale
This commercial property in Chicago, Illinois, presents an investment opportunity with expansion potential. Situated adjacent to a city-owned vacant lot, the building offers a chance for future growth, subject to verification with the city. The property includes three storefronts, two of which are occupied by established, long-term tenants, providing immediate income. These tenants hold valid licenses and may continue operating under current approvals. Zoned RT-4, the property may require rezoning for certain commercial redevelopment opportunities. The property is being sold as-is and is suitable for investors or developers looking to capitalize on its location, tenant base, and long-term growth potential. The lot size is approximately 0.1435 acres and is located at 514 W 71st Street, Chicago, IL 60621, Cook County.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Storefront properties
Similar Places Nearby
- Beautiful Blossom Custom Floral Design — 6522 S Green St, Chicago, IL 60621
- Forever Bloom’n — 103 W 72nd St, Chicago, IL 60621
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6380149
- Latitude
- 41.7654725
Nearby Similar for Sale
FAQs
What type of property is this?
Storefront property - Commercial property with expansion potential and long-term tenants in Chicago.
Where is this storefront property located?
The property is located at 514 W 71st Street Chicago, IL.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Strong location.; Three storefronts with two established, long‑term tenants providing immediate income.; Adjacent to city‑owned vacant lot, offering potential for expansion (buyer to verify with city).
