South Chicago Mixed-Use
For Sale
$319,000
2711 East 93rd Street, Chicago, IL 60617
Two-unit commercial/residential property with income and value-add potential.
Property Size3,125 SF
Price / SF$102.08
Days on Market156
Property Features for 2711 East 93rd Street
General Information
Standard status
Active
Size
3,125 SF
Total Parking Spaces
2
Property subtype
Two to Four Units / 2 Flat
Taxes and HOA fees
Annual Taxes
$3,082
Building Details
Year Built
1919
Listing Agency:
Exit Strategy Realty / EMA Management
(708) 655-4751
Listed By:
Ursula Shine · License #471022302
(708) 655-4751
Source:
Compass
Added: Mar 18
Changed: Aug 8
Last Checked: Aug 8 at 5:44AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Exit Strategy Realty / EMA Management
Investment Insights
Based on property information with market context.
Located in the heart of South Chicago, this two-unit commercial/residential property presents a unique opportunity. The property offers immediate income and potential for increased value, especially given its proximity to the new Quantum and Microelectronics Park. The ground floor commercial unit is currently rented and operating as a church. This open-concept space features high visibility and a half-bath, making it suitable for its current use or adaptable to a retail storefront, professional studio, or office space. The second floor features a spacious residential apartment. The current layout includes two bedrooms and one bath, with dedicated space available to convert it into a three-bedroom unit. The apartment includes a living room and an eat-in kitchen. A heated back porch adds additional square footage. A two-car garage is included (as-is), and street parking is available. The property is currently rented, offering immediate returns. The property's dual income streams, combining commercial and residential, provide stability. The property size is 3125 square feet.
Key Highlights
- Dual Income Streams: Commercial and residential units provide immediate and stable cash flow.
- Value‑Add Potential: Easily convert the residential unit into a 3‑bedroom apartment to increase rental income.
- Prime Location: Close proximity to the new Quantum and Microelectronics Park.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,407
Businesses Nearby
66k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 47%
Dining 44%
Apparel 6%
Electronics 4%
McDonald's
Dining
25,748 visits/mo
0.4 miles
Citgo
Shops & Services
9,483 visits/mo
0.4 miles
Family Dollar
Shops & Services
9,226 visits/mo
0.4 miles
Citgo
Shops & Services
7,870 visits/mo
0.5 miles
Fifth Third Bank & ATM
Shops & Services
4,459 visits/mo
0.4 miles
Demographics for 60617, IL
77,270
Population
35,031
Households
2.2
Avg Household Size
39
Median Age
20%
College-Educated
82%
High-School Grad
13.7 sq mi
ZIP Area
5,640
Density / Sq Mi
$51,237
Median Household Income
$36,926
Median Earnings
$1,010
Median Rent
$168,200
Median Home Value
Market
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-unit commercial/residential property with income and value-add potential.
Where is this mixed-use property located?
The property is located at 2711 East 93rd Street Chicago, IL.
What is the asking price?
The asking price for this property is $319,000.
What are key features of this property?
This property features: Dual Income Streams: Commercial and residential units provide immediate and stable cash flow.; Value‑Add Potential: Easily convert the residential unit into a 3‑bedroom apartment to increase rental income.; Prime Location: Close proximity to the new Quantum and Microelectronics Park.
