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Mixed-Use Building with Detached Garage

7847 S Maryland Avenue, Chicago, IL 60619

For Sale
$176,000

An upper-level condo rental sits above a salon and office, with a separate hallway entrance serving the office.

Property Size1,628 SF
Price / SF$108.11
Days on Market250

Property Features for 7847 S Maryland Avenue

General Information

Standard status Active
Size 1,628 SF
Property subtype Commercial
Zoning COMMR

Site & Location

Neighborhood Grand Crossing
Utilities to Site Yes
Mixed-Use Components residential, retail, office

Additional Details

Opportunity Zone Yes
Multifamily Units 1
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $1,585

Amenities

fenced backyard
decorative metal fencing
detached garage with extra storage/workshop
washer/dryer connection
deck

Building Details

Building Size 1,628 SF
Year Built 1955
Buildings 1
Stories 2
Units 3
Tenancy Multi
Listing Agency: Laraine Hanson
Listed By: Laraine Hanson
Source: Icandyrealty
Added: Mar 5 Changed: Nov 7 Last Checked: Nov 8 at 2:14PM

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 Laraine Hanson

Rey
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Investment Insights

Based on property information with market context.

This 1,628-square-foot mixed-use building, constructed in 1955, has a condo rental upstairs and a salon and office on the first floor. The office has a separate hallway entrance. The salon and residential tenant occupy the building month-to-month. A detached oversized garage provides storage and workshop space and needs cosmetic work. The property also has a fenced backyard, a deck, washer and dryer connections, gas cooking in the apartment, one building heater, and one gas meter. The salon has three plumbing outlets, with one currently in use.

Located at 7847 S Maryland Avenue in Chicago, the property is zoned COMMR and lies within an Opportunity Zone. The electric service panel was replaced in 2025, the roof received a seal coat in 2018, and the deck is two years old. Street parking is available.

Key Highlights

  • 1,628‑square‑foot mixed‑use building with an upstairs condo rental and first‑floor salon and office
  • Detached oversized garage with storage and workshop space; needs cosmetic work
  • Zoned COMMR and located within an Opportunity Zone

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Zoe Bernard Optical Eye Care Center

Suggested Use

Top Pick Law Firm Kitchen & Bath Showroom Gym & Fitness Center Acupuncture Plumbing Service Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,440
Businesses Nearby
10k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Family Dollar Shops & Services
7,122 visits/mo 0.5 miles
AutoZone Shops & Services
2,797 visits/mo 0.3 miles

Demographics for 60619, IL

63,303
Population
33,547
Households
1.9
Avg Household Size
43
Median Age
27%
College-Educated
90%
High-School Grad
6.1 sq mi
ZIP Area
10,378
Density / Sq Mi
$43,403
Median Household Income
$35,672
Median Earnings
$1,054
Median Rent
$213,000
Median Home Value
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Market

Average Price Trend$/SF for Mixed-use properties in Chicago, IL

$342 Jul
$241 Aug
$205 Sep
$203 Oct

Properties on Market for Mixed-use properties in Chicago

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - An upper-level condo rental sits above a salon and office, with a separate hallway entrance serving the office.
Where is this mixed-use property located?
The property is located at 7847 S Maryland Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $176,000.
What are key features of this property?
This property features: 1,628‑square‑foot mixed‑use building with an upstairs condo rental and first‑floor salon and office; Detached oversized garage with storage and workshop space; needs cosmetic work; Zoned COMMR and located within an Opportunity Zone
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