31-Unit Mixed-Use
New
For Sale
$299,900
7850-7851 S CONSTANCE Avenue, Chicago, IL 60617
Commercial Sale, Chicago, IL
Property SizeContact for details
Lot Size0.13 Acres
Days on Market2
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
(262) 342-3333
Added: Sep 14
Last Checked: Sep 15 at 6:06AM
MLS# 12759415
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.
Constructed in 1930, this brick mixed-use building contains 31 total units, including 28 residential apartments and 3 street-level commercial retail spaces. The residential layout comprises 24 studios and 4 one-bedroom apartments. The property is offered in AS-IS / WHERE-IS condition and requires work, presenting a renovation-oriented asset with both residential and commercial components.
The 0.13-acre property is located in Chicago’s South Shore area, near public transportation, major thoroughfares, shopping, and lakefront amenities. The retail spaces are positioned at street level, while the apartment inventory provides a defined residential component within the same building.
The 0.13-acre property is located in Chicago’s South Shore area, near public transportation, major thoroughfares, shopping, and lakefront amenities. The retail spaces are positioned at street level, while the apartment inventory provides a defined residential component within the same building.
Key Highlights
- 31‑unit mixed‑use building on a 0.13‑acre site
- 28 residential units: 24 studios and 4 one‑bedroom apartments
- 3 street‑level commercial retail spaces
Property Analytics
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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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Brick property combines residential apartments with street-level commercial space.
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 $299,900.
What are key features of this property?
This property features: 31‑unit mixed‑use building on a 0.13‑acre site; 28 residential units: 24 studios and 4 one‑bedroom apartments; 3 street‑level commercial retail spaces
