1948 E 71st Place
Chicago, IL, 60649
$900,000
Beds
0 Baths
0 SqFt
0 Acres
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MLS #MRD12689733 image #0
Rare South Shore Commercial/ Industrial / Flex Fleet Facility 1948 E. 71st Place presents a unique opportunity to acquire a large-scale urban industrial/flex asset in the rapidly evolving South Shore neighborhood of Chicago. Originally designed as a parking garage and currently operating as an automotive and towing facility, the property offers approximately 17,846 SF of industrial/commercial space with the ability to accommodate approximately 48 vehicles including rooftop parking capacity. The property benefits from commercial/industrial zoning, two drive-in doors, 15′ clear heights, and a full-building footprint configuration rarely available within dense urban neighborhoods on Chicago’s South Side. The building’s flexible configuration makes it suitable for a variety of owner-user and investment strategies including: Fleet operations Contractor headquarters Towing and impound Vehicle storage Logistics support Municipal contractor operations Automotive repair/service Redevelopment hold Located near major transportation corridors and positioned within the broader South Shore/Jackson Park investment corridor influenced by the Obama Presidential Center and ongoing commercial revitalization efforts, the property offers both immediate utility and long-term strategic upside.

Property Details

Price:
$900,000
MLS #:
MRD12689733
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
chisouthshore
Listed Date:
Jun 26, 2026
Total Sq Ft:
18,000
Year Built:
1926
Chi – South ShoreChisouthshore

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Cooling
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Exterior

Stories
2

Financial

Tax Year
2025
Taxes
$17,588

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Community

Market Summary

Current real estate data for Commercial in Chicago as of Oct 06, 2026
885
Commercial Listed
185
Avg DOM
$1,021,113
Avg List Price

Property Summary

    1948 E 71st Place Chicago IL is a Commercial for sale in Chicago, IL, 60649. It is listed for $900,000

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Chicago, IL