Vacant Mixed-Use Redevelopment
1471 East 67th Street Chicago, IL 60637
1471 East 67th Street, Chicago, IL, 60637
$500,000
For Sale
$500,000
Vacant mixed-use property for redevelopment near Jackson Park.
Days on Market151
Property Features for 1471 East 67th Street
General Information
- Standard status
- Active
- Property subtype
- MF, MU
Building Details
- Year Built
- 1913
Listing Agency
Keller Williams Chicago ONEChicago
(773) 575-6082
Listed by
Anthony Hardy · License #475139834
(773) 575-6082
Source
Realnex
Added: Feb 17 Checked: Jul 6 at 12:17 pm
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Investment Insights
Based on property information with market context.
This vacant mixed-use asset, located at 1471 E 67th St, Chicago, IL 60637, is offered for redevelopment or land value. The property is fully vacant and configured with 7 commercial units, 12 studio apartments, and 4 one-bedroom apartments. The retail and residential portions require a full renovation, creating a value-add path to reposition the building and restore the apartments as income-producing units. Situated in South Shore, bordering the East Woodlawn corridor, the location benefits from lakefront proximity, a strong neighborhood identity, and an accelerating development pipeline. Its proximity to Jackson Park and the Obama Presidential Center positions the site to benefit from increased foot traffic, visibility, and long-term economic lift. B3-3 zoning supports community shopping districts and encourages a blend of commercial and residential uses, ideal for developers pursuing modern mixed-use concepts. The submarket is experiencing increased public and private investment, strengthening the long-term fundamentals for redevelopment plays. Continued neighborhood investment and nearby catalytic projects are expected to support value growth and future demand for both housing and neighborhood-serving retail. Excellent access is provided via the South Shore Metra line and multiple CTA bus routes, providing efficient connections to downtown and major employment nodes. Growing interest from professionals and families is increasing demand for quality housing, supporting mixed-use projects that integrate retail, services, and residential living.
Key Highlights
- Redevelopment/Land Value Opportunity: Vacant mixed‑use property with commercial and residential units, ideal for full renovation.
- Proximity to Obama Presidential Center: Located near Jackson Park, promising increased foot traffic.
- Value‑Add Potential: Opportunity to restore apartments as income‑producing units.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Vacant mixed-use property for redevelopment near Jackson Park.
Where is this mixed-use property located?
The property is located at 1471 East 67th Street Chicago, IL.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Redevelopment/Land Value Opportunity: Vacant mixed‑use property with commercial and residential units, ideal for full renovation.; Proximity to Obama Presidential Center: Located near Jackson Park, promising increased foot traffic.; Value‑Add Potential: Opportunity to restore apartments as income‑producing units.
