8462 S Commercial Avenue Chicago, IL ^$ 249,000

8462 S Commercial Avenue

^$ 249,000

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Recently Listed

8462 S Commercial Avenue

Chicago, IL, 60617

^$ 249,000

Bedrooms-- Baths-- Sq 2,412

Monthly Estimate*

^$ 1,572

8462 S Commercial Avenue, Chicago, IL 60617 - Image 1

Commercial Property for sale in Chicago, IL

for $249,000. This 2,412 square foot building was built in 1917 on a lot size of 0.07174.

Solid Brick Building on busy Commercial Ave. Second Floor is Unit has 3 bedrooms, 1 Bath. The First Floor building previously as Commercial store front. Separate Utilities. It has two oversize garages that can fit up to 4 vehicles. Rents are currently well below market. Buyer to Check Zoning Usage.

Commercial Active

Price

^$ 249,000

Property Type

Commercial

Taxes

^$ 1,688

Style

Lot Size

0.07174

Year Built

1917

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12756532

Features

General

Cooling None

Year Built 1917

Electric Other

Stories Count 2

Property Subtype Mixed Use

Tax Year 2023

Gross Income 1100

County Cook

Insurance Expense 0

Property Type Commercial Sale Mixed Use

Status New

Directions 83rd St. to Commercial Ave

City Chicago

Number Of Units Total 2

MLS Area CHI - South Chicago

Lot Size Square Feet 3125

Tax Annual Amount 1688

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Standard Status Active

Exterior

Building Area Total 2412

Lot Dimensions 25 x 125

* Excluded Features

List By

Grinker & Garcia Real Estate

Broker

rigosellshouses@yahoo.com

Affordability Calculator

$1,713

Per Month

Monthly Principal & Interest: $1,572
Monthly Property Taxes: $141
Monthly Home Insurance: --

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Loan Term

Interest Rate

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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 ^$972,283

Percent of Sale Price 290%

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
9/11/2026	$249,000		Listed Price

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8462 S Commercial Avenue, Chicago, IL, 60617 is a Commercial Property for sale at $249,000 with 2,412 sqft and a lot size of 0.07174. 8462 S Commercial Avenue was built in 1917. 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 9/12/2026.

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8462 S Commercial Avenue

Commercial Property for sale in Chicago, IL

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