8802 S Commercial Avenue Chicago, IL $ 249,900
8802 S Commercial Avenue
$ 249,900
Recently Listed
Share Save

8802 S Commercial Avenue

Chicago, IL, 60617
$ 249,900
Bedrooms-- Baths-- Sq 15,500

Monthly Estimate*

$ 1,539

8802 S Commercial Avenue, Chicago, IL 60617 - Image 1
8802 S Commercial Avenue, Chicago, IL 60617 - Image 2
8802 S Commercial Avenue, Chicago, IL 60617 - Image 3
8802 S Commercial Avenue, Chicago, IL 60617 - Image 4
8802 S Commercial Avenue, Chicago, IL 60617 - Image 5
8802 S Commercial Avenue, Chicago, IL 60617 - Image 6
8802 S Commercial Avenue, Chicago, IL 60617 - Image 7
8802 S Commercial Avenue, Chicago, IL 60617 - Image 8
8802 S Commercial Avenue, Chicago, IL 60617 - Image 9
8802 S Commercial Avenue, Chicago, IL 60617 - Image 10
8802 S Commercial Avenue, Chicago, IL 60617 - Image 11
8802 S Commercial Avenue, Chicago, IL 60617 - Image 12
8802 S Commercial Avenue, Chicago, IL 60617 - Image 13
8802 S Commercial Avenue, Chicago, IL 60617 - Image 14
8802 S Commercial Avenue, Chicago, IL 60617 - Image 15
8802 S Commercial Avenue, Chicago, IL 60617 - Image 16
8802 S Commercial Avenue, Chicago, IL 60617 - Image 17
8802 S Commercial Avenue, Chicago, IL 60617 - Image 18

Commercial Property for sale in Chicago, IL

for $249,900. This 15,500 square foot building was built in 1907 on a lot size of 0.15955.

Beautiful Two-story rock solid brick mixed use building with newer thermal pane windows, roof/skylight, rolling retail shutters in front and electric gate in back. Both main ground floor and 1st floor are currently set up as open space. Each floor is approx. 6,250 sq/ft. There is also a full basement for additional usage or storage. The space is currently a clean blank canvas. Its needs to be rehabbed and finished. Includes unused freight elevator at rear. Located in booming South Chicago's Commercial Ave., which from 83rd to 87th boasts flourishing mom and pop stores, and various ethnic cuisines. 87th to 95th are home to a growing number of corporations, businesses, non-profits and banks. Located in Special Business Area 5 and eligible for interior buildout grants, front facade and security grants. This building has many potentials uses from a thriving retail business or restaurant business on the main ground floor to an Art gallery on the 1st floor. Under additional Information you will find blueprints to build out the space for 25 incubator work booths, a dining area and two prep kitchens. (one of many potential uses for this building) The new Quantum computing and Microelectronics Park project is underway and stands to transform the U.S. Steel South Works property and the overall area into a hive of activity - see Crain's news articles in additional information. The Quantum site is 5 mins from this building. The Advocate Trinity Hospital is also approved to share this site and promote Quantum research in medicine. The 87th street South Chicago Metra line is only a 5 mins walk away from the building and runs to downtown Chicago. This huge building offers a great opportunity at a really really affordable price. Seller is open to offering owner financing for the right candidate. Lets talk.

See more

Commercial Active

Price

$ 249,900

Property Type

Commercial

Taxes

$ 5,561

Style

Commercial

Lot Size

0.15955

Year Built

1907

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12616833

Features
General
Cooling None
Utilities Electric to Site
Possession Closing Negotiable
Roof Membrane
Zoning OTHER
Construction Materials Brick Concrete
Year Built 1907
Electric None
Tenant Pays Air Conditioning Common Area Maintenance Electricity Heat Sewer
Stories Count 2
Township Hyde Park
Tax Year 2023
Current Use Commercial Other
Gross Income 0
County Cook
Net Operating Income 0
Operating Expense 0
Property Type Commercial Sale Industrial
Possible Use Commercial Condominium Industrial Office Multi-Family Retail
Status New
Directions 2nd building to the south of Southeast corner of E 88th St & S Commercial Ave.
City Chicago
Number Of Units Total 2
MLS Area CHI - South Chicago
Lot Size Square Feet 6950
Tax Annual Amount 5561
Additional Parcels Y/N N
Leasable Area 15500
Lease Type N/A
Standard Status Active
See more
Interior
Flooring Wood
See more
Exterior
Foundation Details Concrete Perimeter
Building Area Total 15500
Lot Dimensions 50 X 139
Frontage Type City Street Public Road
See more
* Excluded Features
List By
Coldwell Banker Realty

Broker

patrick@patricksantry.com

Email

Affordability Calculator

$2,002
Per Month
77%
23%
0%
Monthly Principal & Interest
$1,539
Monthly Property Taxes
$463
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/13/2026$249,900 Listed Price

Map


See all

8802 S Commercial Avenue, Chicago, IL, 60617 is a Commercial Property for sale at $249,900 with 15,500 sqft and a lot size of 0.15955. 8802 S Commercial Avenue was built in 1907. The property's zip code is 60617 which is in Chicago, IL