Mixed-Use Building with
For Sale
$450,000
8714 S COMMERCIAL Avenue, Chicago, IL 60617
Commercial Sale, Chicago, IL
Property SizeContact for details
Lot Size0.08 Acres
Days on Market165
Property Features for 8714 S COMMERCIAL Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
GO TO 87TH ST, EAST TO COMMERCIAL AVE and then SOUTH TO ADDRESS
Subdivision
CHI - South Chicago
Standard status
Active
APN
26062020210000
Lot size
0.08 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
7664
Building Details
Year built
1899
Floors in Building
3
Number of units
6
Building materials
Brick, Stone
Roof type
Rubber, Tar/Gravel
Listing Agency:
Keller Williams ONEChicago · Keller Williams Realty
(312) 216-2422
Listed By:
Anthony Hardy · License #475139834
(312) 216-2422
Added: Mar 10
Changed: Aug 20
Last Checked: Aug 21 at 12:06AM
MLS# 12587967
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Investment Insights
Based on property information with market context.
This mixed-use property combines a street-facing retail storefront with five residential apartments. The 1,100-square-foot commercial space is move-in ready, as are three two-bedroom, one-bath apartments. Two additional three-bedroom, one-bath residences require completion work, including drywall, kitchen cabinetry, appliances, finishes, and related interior improvements. The configuration supports separate retail and residential occupancy within one building, with the completed spaces available for leasing while the remaining apartments are finished.
Located at 8714 S. Commercial Avenue in Chicago’s 60617 area, the property occupies 0.0803 acres. Original construction dates to 1899, with brick and stone construction materials and a rubber and tar/gravel roof. The combination of commercial frontage and multiple residential units creates a five-apartment, single-storefront layout with both finished and unfinished components.
Located at 8714 S. Commercial Avenue in Chicago’s 60617 area, the property occupies 0.0803 acres. Original construction dates to 1899, with brick and stone construction materials and a rubber and tar/gravel roof. The combination of commercial frontage and multiple residential units creates a five-apartment, single-storefront layout with both finished and unfinished components.
Key Highlights
- 1,100‑square‑foot street‑level retail storefront
- Five residential apartments in total
- Three 2BR/1BA apartments are move‑in ready
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
920
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 - Street-level storefront paired with five apartments, including three completed residences and two units requiring interior work.
Where is this mixed-use property located?
The property is located at 8714 S COMMERCIAL Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 1,100‑square‑foot street‑level retail storefront; Five residential apartments in total; Three 2BR/1BA apartments are move‑in ready
