UNLIMITED POTENTIAL & MASSIVE VALUE-ADD OPPORTUNITY IN PRIME SOUTH SHORE! Heavy-hitting investment package featuring a 31-unit mixed-use building in a rapidly developing neighborhood. Fantastic scale with 28 residential units (24 studios and 4 one-bedroom apartments) plus 3 street-level commercial retail spaces offering high visibility and foot traffic. Perfect for an experienced investor or developer looking to execute a full renovation, add value, and stabilize for maximum cash flow or long-term portfolio growth. Conveniently situated near public transportation, major thoroughfares, shopping, and lakefront amenities. Property needs work and is being sold in AS-IS / WHERE-IS condition. Seller will not provide surveys or disclosures; real estate taxes will be prorated. Bring your vision to unlock this property's true potential!
Details
MLS #
12759415
Listing Type
For Sale
Style
Mixed Use
Sub-Type
Resale
Status
Active
Year
1930
Days On Site
8
Listing Provided By
Area Wide Realty | Michael Olszewski
Features
Story(s)
3
Units
28
Zoning
OTHER
Acreage
0.13
Interior
Cooling
None
Exterior
Construction Materials
Brick
Utilities
Electric
None
Taxes
Tax Year
2024
Tax Annual Amount
14829.81
Area Information
State
IL
County
Cook
City
Chicago
Zip Code
60617
Area
CHI South Shore
Listing VS Median (in 60617)
Price: $299,900
low | high
Med: $212,450
79.159719906636% of Average
On site: 8
low | high
Med: 96
8.333333333333% of Average
Sourced by Back At You
Market Activity 60617
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Aug 2026
Sales: 7
Avg $ Per SqFt: $168.74
Min Sale Price: $45,000
Max Sale Price: $430,000
Med Sale Price: $250,000
Date: Jul 2026
Sales: 19
Avg $ Per SqFt: $164.29
Min Sale Price: $63,555
Max Sale Price: $419,900
Med Sale Price: $225,000
Date: Jun 2026
Sales: 30
Avg $ Per SqFt: $160.34
Min Sale Price: $58,000
Max Sale Price: $430,000
Med Sale Price: $262,450
Date: May 2026
Sales: 30
Avg $ Per SqFt: $138.89
Min Sale Price: $17,500
Max Sale Price: $400,000
Med Sale Price: $220,000
Date: Apr 2026
Sales: 54
Avg $ Per SqFt: $151.55
Min Sale Price: $20,000
Max Sale Price: $545,000
Med Sale Price: $212,500
Date: Mar 2026
Sales: 46
Avg $ Per SqFt: $149.85
Min Sale Price: $90,000
Max Sale Price: $1,800,000
Med Sale Price: $215,000
Date: Feb 2026
Sales: 45
Avg $ Per SqFt: $132.12
Min Sale Price: $25,000
Max Sale Price: $585,000
Med Sale Price: $185,000
Date: Jan 2026
Sales: 44
Avg $ Per SqFt: $143.17
Min Sale Price: $11,500
Max Sale Price: $405,000
Med Sale Price: $179,500
Date: Dec 2025
Sales: 39
Avg $ Per SqFt: $137.89
Min Sale Price: $27,000
Max Sale Price: $485,000
Med Sale Price: $193,000
Date: Nov 2025
Sales: 51
Avg $ Per SqFt: $133.86
Min Sale Price: $25,000
Max Sale Price: $485,000
Med Sale Price: $166,000
Date: Oct 2025
Sales: 57
Avg $ Per SqFt: $142.68
Min Sale Price: $33,500
Max Sale Price: $400,000
Med Sale Price: $202,000
Date: Sep 2025
Sales: 50
Avg $ Per SqFt: $136.13
Min Sale Price: $9,500
Max Sale Price: $539,900
Med Sale Price: $213,500
Sourced by Back At You
Aug 2026
Sales:
7
Avg $ Per SqFt:
$168.74
Min Sale Price:
$45,000
Max Sale Price:
$430,000
Med Sale Price:
$250,000
Jul 2026
Sales:
19
Avg $ Per SqFt:
$164.29
Min Sale Price:
$63,555
Max Sale Price:
$419,900
Med Sale Price:
$225,000
Jun 2026
Sales:
30
Avg $ Per SqFt:
$160.34
Min Sale Price:
$58,000
Max Sale Price:
$430,000
Med Sale Price:
$262,450
May 2026
Sales:
30
Avg $ Per SqFt:
$138.89
Min Sale Price:
$17,500
Max Sale Price:
$400,000
Med Sale Price:
$220,000
Apr 2026
Sales:
54
Avg $ Per SqFt:
$151.55
Min Sale Price:
$20,000
Max Sale Price:
$545,000
Med Sale Price:
$212,500
Mar 2026
Sales:
46
Avg $ Per SqFt:
$149.85
Min Sale Price:
$90,000
Max Sale Price:
$1,800,000
Med Sale Price:
$215,000
Feb 2026
Sales:
45
Avg $ Per SqFt:
$132.12
Min Sale Price:
$25,000
Max Sale Price:
$585,000
Med Sale Price:
$185,000
Jan 2026
Sales:
44
Avg $ Per SqFt:
$143.17
Min Sale Price:
$11,500
Max Sale Price:
$405,000
Med Sale Price:
$179,500
Dec 2025
Sales:
39
Avg $ Per SqFt:
$137.89
Min Sale Price:
$27,000
Max Sale Price:
$485,000
Med Sale Price:
$193,000
Nov 2025
Sales:
51
Avg $ Per SqFt:
$133.86
Min Sale Price:
$25,000
Max Sale Price:
$485,000
Med Sale Price:
$166,000
Oct 2025
Sales:
57
Avg $ Per SqFt:
$142.68
Min Sale Price:
$33,500
Max Sale Price:
$400,000
Med Sale Price:
$202,000
Sep 2025
Sales:
50
Avg $ Per SqFt:
$136.13
Min Sale Price:
$9,500
Max Sale Price:
$539,900
Med Sale Price:
$213,500
MLS Number: 12759415
Michael Olszewski – (708) 656-3333 – msolszewsk@aol.com
Area Wide Realty – (708) 656-3333
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The information is being provided by MRED. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 MRED. All Rights Reserved.
MLS Number: 12759415
Michael Olszewski – (708) 656-3333 – msolszewsk@aol.com
