Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Reload
 
Listing provided courtesy of Jean Pierre Realty Int'lMREDas Distributed by MLSGrid- MLS# 12671080MLS Provider

8729 S Commercial AvenueChicago, IL 60617

Commercial · 2,640 Sq. ft.
$300,000 Active

8729 S Commercial Avenue Overview

Time on Site:
20 days
Visits:
0

Come and be the new owners of a massive mixed use property containing an established storefront and 2 renovated apartments. This property is already income-producing so you can walk right into the perfect investment opportunity, or you can move into one of the units and let your tenant and business contribute to your financial freedom. The storefront is 800 sq ft and has a bathroom; the first floor apartment has two cozy bedrooms and an open concept; and the 2nd floor apartment is massive boasting 3 bedrooms (with potential for a 4th) and 2 bathrooms with huge living spaces. Come and join a thriving community where all of your daily needs will be at your fingertips. Shopping, eating, entertainment! Whatever you're looking for, you will find it.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

8729 S Commercial Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 2,640
  • Price/Sq.ft. $114

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Income: 21600
  • Gross Scheduled Income: 21600
  • Insurance Expense: 2200
  • Trash Expense: 0
  • Water Sewer Expense: 420

Building Information

  • Year Built: 1893

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - South Chicago
  • Township: Hyde Park

Rent/Lease Information

  • Tenant Pays: Electricity, Heat

Tax Information

  • Tax Annual Amount: $2,009.00
  • Tax Year: 2023

General Information

  • Parcel Number: 26062030120000
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale

Interior

Building Information

  • Office SqFt.: 75
  • Retail SqFt.: 700

Building Interior

  • Building Area Total: 2640

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Flooring: Tile, Vinyl
  • Foundation Details: Concrete Perimeter
  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street
  • Lot Size Dimensions: 25X140
  • Lot Size Square Feet: 3500

Building Exterior/Construction

  • Construction Materials: Other, Brick

General Information

  • Number Of Units Total: 3

8729 S Commercial Avenue Neighborhood

Community

60617 (Chicago) Demographics

37
Median Age
5,348
Population Density (per sq. mile)
28%
College Educated
$43,642
Estimated Median Income
16,451
Estimated Total Home Owners
12,722
Estimated Total Renters
56% / 44%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

8729 S Commercial Avenue Monthly Cost

$
$ %
%
$
$
Eric Nowik
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

8729 S Commercial Avenue Market Data

Based on the last 30 days in this zip code

$215,942
Average List Price
$154
Average Price per Square Foot
36
Properties Sold
86
Average Days on Market
161
Properties for Sale
Calculations provided by Reliance Network

8729 S Commercial Avenue History

Date Event Value Agent
6/14/2026Source: MRED Status Change
Active
6/9/2026Source: MRED Added to Database
June 09, 2026