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7-Unit Mixed-Use Building
New
For Sale
$329,000

9034 S Commercial Avenue, Chicago, IL 60617

A ground-floor storefront is combined with six apartments on the levels above.

Property Size5,401 SF
Price / SF$60.91
Days on Market4

Property Features for 9034 S Commercial Avenue

General Information

Standard status Active
Size 5,401 SF
Property subtype MULTI_FAMILY

Site & Location

Neighborhood Calumet Heights
Mixed-Use Components retail, residential

Additional Details

Multifamily Units 6
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $1,631

Building Details

Building Size 5,401 SF
Year Built 1893
Buildings 1
Tenancy Multi
Listing Agency: Choice Realty Group Inc.
Listed By: David Williamson · License #471010481
Source: Dawnmckennagroup
Added: Nov 3 Changed: Nov 6 Last Checked: Nov 6 at 2:54PM

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 Choice Realty Group Inc.

Rey
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Investment Insights

Based on property information with market context.

This 5,401-square-foot mixed-use building contains seven units: a large storefront and six apartments above. The storefront was remodeled one year ago and has a newer bathroom and furnace. The building dates to 1893.

Key Highlights

  • 7 units: one storefront and six apartments
  • 5,401 square feet
  • Built in 1893

Property Analytics

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

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Skin Care Clinic Computer & Electronic Repair Garden Center

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

6
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

954
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

Average Price Trend$/SF for Mixed-use properties in Chicago, IL

$342 Jul
$241 Aug
$205 Sep
$203 Oct

Properties on Market for Mixed-use properties in Chicago

Jul
Aug
Sep
Oct

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 - A ground-floor storefront is combined with six apartments on the levels above.
Where is this mixed-use property located?
The property is located at 9034 S Commercial Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: 7 units: one storefront and six apartments; 5,401 square feet; Built in 1893
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