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Corner Brick Mixed-Use Property
For Sale
$185,000

8357 S Marquette Avenue, Chicago, IL 60617

Commercial Sale, Chicago, IL

Property SizeContact for details
Lot Size0.13 Acres
Days on Market110

Property Features for 8357 S Marquette Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning MULTI
Directions 83rd street east of Jeffrey to Marquette south to address
Subdivision CHI - South Chicago
Standard status Active
APN 21313060150000
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 2321

Building Details

Year built 1919
Floors in Building 2
Number of units 4
Listing Agency: Baird & Warner
Listed By: Nelson Moody
Added: Jun 19 Changed: Aug 19 Last Checked: Oct 6 at 3:06PM
MLS# 12683392

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.

This corner brick mixed-use property, built in 1919, contains four units within a compact 0.1349-acre parcel. The commercial component includes a storefront salon suite with seven individual suites requiring finishing work. Residential improvements consist of one gutted three-bedroom unit prepared for full rehabilitation and two two-bedroom apartments, including one that is currently occupied.

The building is located at 8357 S Marquette Avenue in Chicago, Illinois, and carries MULTI zoning. The property is being sold as-is, with interior work needed across multiple components. Showings require 24–48 hours' notice, providing a defined scheduling window for contractor and buyer access.

Key Highlights

  • Corner brick mixed‑use building with 4 total units
  • Storefront salon suite configured with 7 individual suites
  • Gutted 3‑bedroom apartment ready for full rehabilitation

Property Analytics

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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
Multi-tenant
Tenancy

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
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Four-unit building with commercial suites and residential apartments, offered as-is for comprehensive interior completion and renovation.
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: Corner brick mixed‑use building with 4 total units; Storefront salon suite configured with 7 individual suites; Gutted 3‑bedroom apartment ready for full rehabilitation
More about this property
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