31-Unit Mixed-Use
New
For Sale
$245,000
7850-7851 S CONSTANCE Avenue, Chicago, IL 60617
Commercial Sale, Chicago, IL
Property SizeContact for details
Lot Size0.13 Acres
Days on Market3
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
Additional Details
Mixed-Use Components
retail, residential
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
Buildings
1
Listing Agency:
Area Wide Realty
Listed By:
Michael Olszewski · License #471011979
(708) 656-3333
Added: Nov 4
Last Checked: Nov 6 at 2:06PM
MLS# 12801337
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.
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Investment Insights
Based on property information with market context.
This 31-unit mixed-use property contains 28 apartments—24 studios and four one-bedroom units—along with three street-level retail spaces. Built in 1930, the building has brick construction and occupies a 0.13-acre lot. The property is being sold in its current condition, with renovation needed.
The building is at 7850-7851 S Constance Avenue in Chicago. Public transportation, major thoroughfares, shopping, and lakefront amenities are identified as nearby.
The building is at 7850-7851 S Constance Avenue in Chicago. Public transportation, major thoroughfares, shopping, and lakefront amenities are identified as nearby.
Key Highlights
- 31 units: 28 apartments and 3 street‑level retail spaces
- Apartment mix includes 24 studios and 4 one‑bedroom units
- 0.13‑acre lot
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
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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
$168,200
Median Home Value
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Market
Average Price Trend$/SF for Mixed-use properties in Chicago, IL
Properties on Market for Mixed-use properties in Chicago
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Brick construction dates to 1930; the property includes residential apartments and 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 $245,000.
What are key features of this property?
This property features: 31 units: 28 apartments and 3 street‑level retail spaces; Apartment mix includes 24 studios and 4 one‑bedroom units; 0.13‑acre lot
