8821 S Commercial Avenue Chicago, IL ^$ 100,000

8821 S Commercial Avenue

^$ 100,000

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Recently Listed

8821 S Commercial Avenue

Chicago, IL, 60617

^$ 100,000

Bedrooms-- Baths-- Sq 800

8821 S Commercial Avenue, Chicago, IL 60617 - Image 1

8821 S Commercial Avenue, Chicago, IL 60617 - Image 2

8821 S Commercial Avenue, Chicago, IL 60617 - Image 3

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8821 S Commercial Avenue, Chicago, IL 60617 - Image 8

8821 S Commercial Avenue, Chicago, IL 60617 - Image 9

Property for Rent in Chicago, IL

for $100,000. This 800 square foot property was built in 1890 on a lot size of 0.080349.

Rare commercial opportunity in the heart of south Chicago's commercial avenue corridor. This circa 1890 store building sits on a 3394 SF lot in one of the south sides most stoned retail district ideal for retail gallery or office. Currently used as a hair salon. Property being sold as is. Currently leased at $750/mo, below area market rents. Strong value, add upside for investors to reposition rent value.

Rental Active

Price

^$ 100,000

Taxes

^$ 5,458

Style

Commercial

Lot Size

0.080349

Year Built

1890

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12754148

Features

General

Cooling Wall Sleeve

Utilities Electric to Site Natural Gas Available

Possession Negotiable Tenant's Rights

Zoning COMMR

Construction Materials Brick Wood Aluminum Siding

Year Built 1890

Electric Circuit Breakers

Stories Count 1

Township Hyde Park

Tax Year 2024

Current Use Commercial

Assoc Fee Paid Per Not Applicable

County Cook

Net Operating Income 1574

Property Type Commercial Sale Retail/Stores

Status Active

Directions From 87th St east to Commercial Ave south to property near 88th St

City Chicago

Number Of Units Total 1

MLS Area CHI - South Chicago

Lot Size Square Feet 3500

Tax Annual Amount 5458

Additional Parcels Y/N N

Leasable Area 0

Lease Type N/A

Standard Status Active

Interior

Flooring Vinyl

Exterior

Foundation Details Block Concrete Perimeter

Building Area Total 800

Lot Dimensions 25x125

Frontage Type City Street

* Excluded Features

List By

Mccolly Real Estate

Broker

sal.realtor.27@gmail.com

Nearby

Trends
Schools

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
9/9/2026	$100,000		Listed Price

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8821 S Commercial Avenue, Chicago, IL, 60617 is a Property for Rent at $100,000 with 800 sqft and a lot size of 0.080349. 8821 S Commercial Avenue was built in 1890. 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.

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Data is updated as of 9/15/2026.

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8821 S Commercial Avenue

Property for Rent in Chicago, IL

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