31-Unit Mixed-Use
New
For Sale
$725,000
7850-7851 S CONSTANCE Avenue, Chicago, IL 60617
Commercial Sale, Chicago, IL
Property SizeContact for details
Lot Size0.13 Acres
Days on Market1
Property Features for 7850-7851 S CONSTANCE Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
CORNER OF 79TH AND CONSTANCE
Subdivision
CHI - South Shore
Standard status
Active
APN
20253280390000
Lot size
0.13 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
14830
Building Details
Year built
1930
Floors in Building
3
Number of units
28
Building materials
Brick
Listing Agency:
Area Wide Realty
(708) 656-3333
Listed By:
Michael Olszewski · License #471011979
(708) 656-3333
Added: Aug 20
Last Checked: Aug 20 at 8:06PM
MLS# 12738810
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.
Built in 1930, this brick mixed-use property contains 31 units arranged across residential and commercial components. The residential portion includes 28 apartments—24 studios and 4 one-bedroom units—while three retail spaces occupy the street level. The property requires work and is being conveyed in AS-IS / WHERE-IS condition.
The 0.13-acre property is located near public transportation, major thoroughfares, shopping, and lakefront amenities in Chicago. Seller-provided surveys and disclosures are not included, and real estate taxes will be prorated.
The 0.13-acre property is located near public transportation, major thoroughfares, shopping, and lakefront amenities in Chicago. Seller-provided surveys and disclosures are not included, and real estate taxes will be prorated.
Key Highlights
- 31‑unit mixed‑use configuration with 28 apartments and 3 street‑level retail spaces
- Residential mix includes 24 studios and 4 one‑bedroom apartments
- Brick construction completed in 1930
Property Analytics
Property Profile
Current Use
Lease Details
28
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,074
Businesses Nearby
Explore this area
Business Placement
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 Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Brick mixed-use property with residential units and street-level commercial spaces, offered in AS-IS / WHERE-IS condition.
Where is this mixed-use property located?
The property is located at 7850-7851 S CONSTANCE Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: 31‑unit mixed‑use configuration with 28 apartments and 3 street‑level retail spaces; Residential mix includes 24 studios and 4 one‑bedroom apartments; Brick construction completed in 1930
