8729 S Commercial Avenue Chicago, IL ^$ 300,000

8729 S Commercial Avenue

^$ 300,000

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8729 S Commercial Avenue

Chicago, IL, 60617

^$ 300,000

Bedrooms-- Baths-- Sq 2,640

Monthly Estimate*

^$ 1,894

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Commercial Property for sale in Chicago, IL

for $300,000. This 2,640 square foot building was built in 1893 on a lot size of 0.080349.

Come and be the new owners of a massive mixed use property containing an established storefront and 2 renovated apartments. This property is already income-producing so you can walk right into the perfect investment opportunity, or you can move into one of the units and let your tenant and business contribute to your financial freedom. The storefront is 800 sq ft and has a bathroom; the first floor apartment has two cozy bedrooms and an open concept; and the 2nd floor apartment is massive boasting 3 bedrooms (with potential for a 4th) and 2 bathrooms with huge living spaces. Come and join a thriving community where all of your daily needs will be at your fingertips. Shopping, eating, entertainment! Whatever you're looking for, you will find it.

Commercial Active

Price

^$ 300,000

Property Type

Commercial

Taxes

^$ 2,009

Style

Lot Size

0.080349

Year Built

1893

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12671080

Features

General

Cooling Central Air

Possession Closing

Construction Materials Other Brick

Year Built 1893

Electric Circuit Breakers

Tenant Pays Electricity Heat

Stories Count 2

Township Hyde Park

Property Subtype Mixed Use

Tax Year 2023

Gross Income 21600

County Cook

Insurance Expense 2200

Property Type Commercial Sale Mixed Use

Status Active

Directions 87TH E TO COMMERCIAL TO PROPERTY

City Chicago

Number Of Units Total 3

MLS Area CHI - South Chicago

Lot Size Square Feet 3500

Tax Annual Amount 2009

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 420

Additional Parcels Y/N N

Standard Status Active

Total Actual Rent 800

Interior

Flooring Tile Vinyl

Exterior

Foundation Details Concrete Perimeter

Building Area Total 2640

Lot Dimensions 25X140

Frontage Type City Street

* Excluded Features

List By

Jean Pierre Realty Int'l

Broker

kkgtherealtor@gmail.com

Affordability Calculator

$2,062

Per Month

Monthly Principal & Interest: $1,894
Monthly Property Taxes: $167
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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.

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Nearby

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$960,988

Percent of Sale Price 220%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/10/2026	$300,000		Listed Price

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8729 S Commercial Avenue, Chicago, IL, 60617 is a Commercial Property for sale at $300,000 with 2,640 sqft and a lot size of 0.080349. 8729 S Commercial Avenue was built in 1893. The property's zip code is 60617 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 7/2/2026.

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8729 S Commercial Avenue

Commercial Property for sale in Chicago, IL

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