Renovated Office Building with
For Sale
$260,000
2445 W 71st Street, Chicago, IL 60629
Commercial Sale, Chicago, IL
Property SizeContact for details
Lot Size0.07 Acres
Days on Market155
Property Features for 2445 W 71st Street
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
OFFIC
Directions
WESTERN TO 71st. EAST TO ADDRESS.
Subdivision
CHI - Chicago Lawn
Standard status
Active
APN
19252060060000
Lot size
0.07 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
7886
Utilities
Cooling system
Central Air
Amenities
kitchen
conference room
seating area
Building Details
Year built
1907
Floors in Building
2
Building materials
Brick
Listing Agency:
Real People Realty
(815) 469-7449
Listed By:
Carlyn Jackson · License #475130889
(708) 634-0104
Added: Mar 19
Changed: Aug 19
Last Checked: Aug 20 at 8:06AM
MLS# 12596272
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.
Investment Insights
Based on property information with market context.
This renovated commercial office building was gut-rehabilitated in 2019, including an increased first-floor footprint and the addition of a new second floor. Improvements include new electrical and plumbing throughout, new foundation beams, and a new roof with a flat roof at the front of the building and raised dormers over the rear to support two additional large upstairs offices. The property features two fully updated bathrooms, new commercial-grade doors and frames throughout, and basement improvements that include two furnaces, HWT, sump pumps, new drain tile, and check valves. The basement also provides additional storage.
The building includes a front hub area with a bathroom, a rear kitchen area with updated cabinets and granite countertops, and a conference room with a comfortable seating area. Stairs lead to the second floor with two additional offices and closets, including a cedar closet. The rear lot includes a large poured concrete slab for private parking for up to four cars and two caged central air systems.
The property is currently operated as office space for a security business. The rear can be converted to a private duplex apartment with three bedrooms, a kitchen, living room, and bath, and the first-floor conference room and second-floor offices may be rented for additional income. All equipment and personal property are excluded from the sale.
The building includes a front hub area with a bathroom, a rear kitchen area with updated cabinets and granite countertops, and a conference room with a comfortable seating area. Stairs lead to the second floor with two additional offices and closets, including a cedar closet. The rear lot includes a large poured concrete slab for private parking for up to four cars and two caged central air systems.
The property is currently operated as office space for a security business. The rear can be converted to a private duplex apartment with three bedrooms, a kitchen, living room, and bath, and the first-floor conference room and second-floor offices may be rented for additional income. All equipment and personal property are excluded from the sale.
Key Highlights
- Complete gut rehab in 2019 with increased square footage and a new 2nd floor.
- New electrical, plumbing, foundation beams, and roof.
- Private parking for up to 4 cars with a new 6ft privacy fence.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
761
Businesses Nearby
Explore this area
Business Placement
Demographics for 60629, IL
114,453
Population
36,283
Households
3.2
Avg Household Size
33
Median Age
14%
College-Educated
74%
High-School Grad
7.0 sq mi
ZIP Area
16,350
Density / Sq Mi
$58,813
Median Household Income
$34,635
Median Earnings
$1,106
Median Rent
$236,300
Median Home Value
Market
Vacancy Rate% for Office in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Move-in ready office building with a fully updated interior and private parking for up to four cars.
Where is this office building located?
The property is located at 2445 W 71st Street Chicago, IL.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: Complete gut rehab in 2019 with increased square footage and a new 2nd floor.; New electrical, plumbing, foundation beams, and roof.; Private parking for up to 4 cars with a new 6ft privacy fence.
