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

8462 S Commercial Avenue

^$ 249,000

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8462 S Commercial Avenue

Chicago, IL, 60617

^$ 249,000

Bedrooms5 Baths2.0

Monthly Estimate*

^$ 1,572

Multi-Family Home for sale in Chicago, IL

for $249,000 with 5 bedrooms and 2 full baths. This home was built in 1917.

Solid brick 2 unit on busy Commercial Ave. This building previously had a store front. There are 3 bedrooms on the second floor and 2 bedrooms on the main floor. It has two oversize garages that can fit up to 4 vehicles. Separate utilities. Rents are currently well below market.

Multi-Family Active

Price

^$ 249,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 1,688

Style

Year Built

1917

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12680866

Features

Exterior

Model Two Story

Parking Features Yes Attached Garage

Water Source Public

Total Parking 5

Lot Dimensions 25x125

Waterfront Y/N N

General

Sewer Public Sewer

Heating Natural Gas

Possession Tenant's Rights

Garage Spaces 5

Construction Materials Aluminum Siding

Year Built 1917

Township Hyde Park

Tax Year 2023

Ownership Fee Simple

County Cook

New Construction N

Property Type Residential Income Two to Four Units

Total Rooms 10

Status New

Directions 83rd St to Commercial Ave.

City Chicago

High School District 299

MLS Area CHI - South Chicago

Tax Annual Amount 1688

Standard Status Active

Middle/Junior School District 299

Elementary School District 299

Interior

Basement Finished Full

Total Bedrooms 5

Total Baths 2

Bedrooms Possible 5

Full Baths Building 2

Half Baths Building 0

Total Number of Units 2

* 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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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

Multi-family listings in Chicago, IL

Average List Price ^$631,272

Percent of Sale Price 154%

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.

566059 Elementary School

566846 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/3/2026	$249,000		Listed Price

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8462 S Commercial Avenue, Chicago, IL, 60617 is a Multi-Family Home for sale at $249,000. 8462 S Commercial Avenue has 5 bedrooms, 2.0 baths, and 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 8/4/2026.

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8462 S Commercial Avenue

Multi-Family Home for sale in Chicago, IL

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