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Brick Mixed-Use Building
New
For Sale
$185,000

8357 S Marquette Avenue, Chicago, IL 60617

The property combines a salon storefront with residential apartments at varying stages of completion.

Property SizeContact for details
Days on Market6

Property Features for 8357 S Marquette Avenue

General Information

Standard status Active
Property subtype Commercial
Zoning MULTI

Property Condition

Severity Major Repairs Needed
Evidence one gutted 3-bedroom unit ready for full rehab

Site & Location

Neighborhood South Chicago
Corner Location Yes
Mixed-Use Components retail, residential

Units

Unit Mix 1 x 3BR, 2 x 2BR
Multifamily Units 3

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $2,321

Building Details

Year Built 1919
Stories 2
Units 4
Construction brick
Listing Agency: Baird & Warner
Listed By: Nelson Moody
Source: Crossdavidson
Added: Oct 19 Changed: Oct 23 Last Checked: Oct 23 at 3:40PM

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 Baird & Warner

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Investment Insights

Based on property information with market context.

This brick mixed-use property, built in 1919, has a storefront salon area with seven individual suites that require finishing work. The residential portion includes one gutted three-bedroom unit for full rehabilitation and two two-bedroom units; one of the two-bedroom units is occupied. The property is being sold as-is.

The building occupies a corner site at 8357 S Marquette Avenue in Chicago and carries MULTI zoning. Showings require 24–48 hours’ notice.

Key Highlights

  • Brick mixed‑use building constructed in 1919
  • Storefront salon space includes 7 individual suites needing finishing work
  • One gutted 3‑bedroom residence requires full rehabilitation

Property Analytics

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

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Building Supply Pharmacy (Bike/Boat/Book/etc) Store

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

769
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The property combines a salon storefront with residential apartments at varying stages of completion.
Where is this mixed-use property located?
The property is located at 8357 S Marquette Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Brick mixed‑use building constructed in 1919; Storefront salon space includes 7 individual suites needing finishing work; One gutted 3‑bedroom residence requires full rehabilitation
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