1471 E 67th Street
Chicago, IL, 60637
$500,000
Beds
0 Baths
0 SqFt
0 Acres
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MLS #MRD12570303 image #0
Pleased to present 1471 E 67th St, Chicago, IL 60637-a vacant mixed-use retail and residential asset being offered for redevelopment/land value. The property is fully vacant and currently configured with 7 commercial units, 12 studio apartments, and 4 one-bedroom apartments. The retail and residential portions require a full renovation, creating a clear value-add path to reposition the building and restore the apartments as income-producing units. Neighborhood Overview: South Shore & East Woodlawn South Shore-bordering the fast-evolving East Woodlawn corridor-has become a key target for South Side reinvestment due to its lakefront proximity, strong neighborhood identity, and accelerating development pipeline. Proximity to Major Developments: Located near Jackson Park and the Obama Presidential Center, positioning the site to benefit from increased foot traffic, visibility, and long-term economic lift. Mixed-Use Upside: B3-3 zoning supports community shopping districts and encourages a blend of commercial and residential uses, ideal for developers pursuing modern mixed-use concepts. Rising Investment Momentum: The submarket is seeing increased public and private investment, strengthening the long-term fundamentals for redevelopment plays. Positive Economic Indicators for South Shore Development Activity: Continued neighborhood investment and nearby catalytic projects are expected to support value growth and future demand for both housing and neighborhood-serving retail. Transit Connectivity: Excellent access via the South Shore Metra line and multiple CTA bus routes, providing efficient connections to downtown and major employment nodes. Residential Demand Tailwinds: Growing interest from professionals and families is increasing demand for quality housing-supporting mixed-use projects that integrate retail, services, and residential living.

Property Details

Price:
$500,000
MLS #:
MRD12570303
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
chisouthshore
Listed Date:
Feb 16, 2026
Total Sq Ft:
13,283
Year Built:
1913
Chi – South ShoreChisouthshore

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Schools

Interior

Cooling
None

Exterior

Construction Materials
Brick, Block
Stories
3

Financial

Tax Year
2024
Taxes
$42,556

Map

Community

Market Summary

Current real estate data for Commercial in Chicago as of May 15, 2026
895
Commercial Listed
191
Avg DOM
$1,024,666
Avg List Price

Property Summary

    1471 E 67th Street Chicago IL is a Commercial for sale in Chicago, IL, 60637. It is listed for $500,000

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1471 E 67th Street
Chicago, IL