3121 W 71st Street, Chicago, IL 60629

Building Details

Year Built

1959

Listing agent SEAN WAGNER

Listing office MILLENNIUM PROPERTIES RE, INC. S***@mpirealestate.com Show Phone

Listing date Sep 17, 2025

Source Corcoran

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 MILLENNIUM PROPERTIES RE, INC.

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Overview

This mixed-use building is located directly across from Marquette Park. The property features approximately 4,500 square feet of ground-floor retail or office space, which can be divided into two separate units. The upper level includes three residential apartments that generate $4,000 per month in rental income. There are also two 2-car garages on site. The property is zoned B1-1, offering flexibility for various business and investment uses. It is suitable for an owner-user looking to operate their business on the ground floor while offsetting expenses with rental income, or for an investor seeking a stable, income-producing asset. The location offers high visibility and strong foot and vehicle traffic, situated across from the 318-acre Marquette Park. This property provides a blend of business potential and long-term investment upside.

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

Location Insight

• Map
• Local Demand

City

Chicago

County

Cook

State

Illinois

Longitude

-87.7013

Latitude

41.7641

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FAQs

What type of property is this?

Mixed-use property - Mixed-use building with retail/office space and residential units.

Where is this mixed-use property located?

The property is located at 3121 W 71st Street Chicago, IL.

What is the asking price?

The asking price for this property is $395,000.

What are key features of this property?

This property features: Prime location directly across from Marquette Park (318 acres) offering high visibility and traffic.; Mixed‑use property with ground‑floor retail/office space and three residential apartments generating $4,000/month in rental income.; Approximately 4,500 SF of ground‑floor retail/office space, divisible into two units.