2921 N Southport Avenue Chicago, IL $ 3,658,000
2921 N Southport Avenue
$ 3,658,000
Recently Listed New Construction
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2921 N Southport Avenue

Chicago, IL, 60657
$ 3,658,000
Bedrooms-- Baths--

Monthly Estimate*

$ 25,265

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Commercial Property for sale in Chicago, IL

for $3,658,000. This building was built in 2026.

An exceptional opportunity to own a newly constructed mixed-use building in the heart of Lakeview. This thoughtfully designed property offers the rare combination of luxury residential living and commercial space, making it an attractive opportunity for an investor, owner-occupant, or business owner. The building features three beautifully appointed 3-bedroom, 2.5-bathroom residential units with private elevator access, high-end finishes, impressive private outdoor spaces, and an attached heated parking garage. Complementing the residential component is approximately 850 square feet of ground-level commercial space, offering excellent flexibility for a variety of business uses, with projected rental potential of $30 per square foot. The property also presents strong income potential, with projected monthly rental income of $6,500 for Unit 2, $5,500 for Unit 3, and $8,000 for Unit 4. With contemporary construction, quality craftsmanship, and a desirable neighborhood location surrounded by established businesses, restaurants, coffee shops, and everyday conveniences, this property presents a unique opportunity to own a turnkey mixed-use asset in one of Chicago's most sought-after neighborhoods. Whether adding to an investment portfolio or combining residential ownership with a commercial presence, this is a rare opportunity to acquire an entire new-construction building in Lakeview.

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Commercial Active

Price

$ 3,658,000

Property Type

Commercial

Taxes

$ 18,899

Style

Year Built

2026

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12802559

Features
General
Cooling Central Air
Construction Materials Brick Block
Year Built 2026
Electric Separate Meters Other
Stories Count 4
Township Lake View
Property Subtype Mixed Use
Tax Year 2025
Gross Income 20000
County Cook
Insurance Expense 2500
Property Type Commercial Sale Mixed Use
Status New
Directions W Diversey Pkwy West to N Southport North to property
City Chicago
Number Of Units Total 4
MLS Area CHI - Lake View
Lot Size Square Feet 0
Tax Annual Amount 18899.28
Electric Expense 2400
Fuel Expense 0
Trash Expense 500
Water Sewer Expense 2000
Additional Parcels Y/N N
Standard Status Active
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Exterior
Lot Dimensions 25 X 125
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* Excluded Features
List By
Compass

Broker

jeff@lowegroupchicago.com

Email

Affordability Calculator

$26,840
Per Month
94%
6%
0%
Monthly Principal & Interest
$25,265
Monthly Property Taxes
$1,575
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/6/2026$3,658,000 Listed Price

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2921 N Southport Avenue, Chicago, IL, 60657 is a Commercial Property for sale at $3,658,000. 2921 N Southport Avenue was built in 2026. The property's zip code is 60657 which is in Chicago, IL