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    6355 S Central Ave Chicago, IL 60638

    Picture of Mixed-use properties at S Central Ave 6355, Chicago, IL
    Under Contract
    For Sale
    $399,000

    Mixed Use - Chicago, IL

    Type:Mixed Use
    Days on Market:
    17
    Last Refresh:
    Dec 7 at 4:06 am

    Property Features for 6355 S Central Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active Under Contract
    APN
    19211060080000

    Utilities

    Cooling system
    Multi Units, Window Unit(s)

    Building Details

    Year built
    1934
    Number of units
    2
    Architectural style
    Other

    iRealty Flat Fee Brokerage, Inc. (708) 542-4577 [email protected]

    Listing agent Vanessa Carlson (708) 542-4577 License #471016540

    Listing date Nov 21, 2025

    MLS# 12493063 Listing URL

    Copyright © 2025 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

    Mixed-Use Building with Bar

    This two-story brick building features three apartments, with two soon to be vacant. A detached 2.5-car brick garage is included. The bar area is equipped with bar equipment, four TV screens, a dart machine, an ATM, a jukebox, video gambling machines, and a Pac Man machine. Inventory is available for purchase under a separate bill of sale. Newer furnace, water heater, sump pump, security system, coin washer, and new dryer are in place. This property presents an opportunity for starting a business with additional passive income. Located on Central Avenue, the building benefits from high foot traffic. The property is being sold as-is.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duffy's Place Bar Associated Bank Bank ATM (Associated Bank) Atm

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7613065
    Latitude
    41.7764612

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    FAQs

    What type of property is this?
    Mixed-use property - Two-story brick building with apartments and bar area.
    Where is this mixed-use property located?
    The property is located at 6355 S Central Ave 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: - High foot traffic location on Central Ave, ideal for business.; - Start a business with existing bar equipment (including TVs, dart machine, ATM, jukebox, video gambling machines, and Pac Man).; - Two of the three apartments are vacating soon, offering immediate rental income potential.
    (708) 542-4577
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    Chicago, IL 60638
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6355 S Central Ave Chicago, IL 60638
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