Property photo 1
Property photo 2
0 Beds
3,600 sqft

$750,000

350 E 71st Street, Chicago IL, 60619

Price per sqft$208.33
Built in1916
Property size3,600 sqft
Property typeOther
Listed by Shawna Jeninga with Listing Leaders Northwest, Inc 630-210-1201

Overview

Active

Listed Sep 28, 2026

Updated 5 days ago

Exceptional mixed-use investment opportunity in Greater Grand Crossing! This 12-unit property features 8 residential apartments and 4 commercial spaces, providing multiple income streams in one asset. Currently, 7 of the 8 apartments are occupied at $1,000/month each, while 3 of the 4 commercial spaces are occupied and generating a combined $5,000/month. Current occupied rental income totals approximately $12,000 per month / $144,000 annually, with additional upside from the vacant apartment and commercial/restaurant space. The property offers separately metered utilities rear parking and established commercial tenants. The available restaurant space creates an opportunity for an investor to increase income through lease-up or potentially reposition the space for another permitted use. At the current $750,000 asking price, the property offers an attractive income-producing opportunity with significant value-add potential through stabilization of the remaining vacancies. Convenient South Side location with access to transportation, neighborhood businesses and major Chicago thoroughfares. Property sold as-is. Buyer to verify all information, income, expenses, zoning, permitted uses, unit count and measurements.

$4,990/mo

Est. mortgage payment based on a $750,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
12769910

Interior Features

Bedrooms
0
Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.18 Acres

Other Property Details

Taxes
$25,301
Tax Frequency
Annually
MLS provider logo

Listed by Shawna Jeninga with Listing Leaders Northwest, Inc 630-210-1201

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Allie Payne Group are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 10/5/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. Properties displayed may be listed or sold by various participants in the MLS. Properties displayed may be listed or sold by various participants in the MLS.

©2026 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data is refreshed every 3 hours. Listing last updated 4:02 AM UTC on 10/5/2026. 

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