7450 S Luella Avenue
Chicago, IL, 60649
$1,045,000
Beds
0 Baths
0 SqFt
0.16 Acres
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MLS #MRD12741265 image #0
Real Realty is pleased to present the exclusive offering of Leulla Heights, a mixed-use investment opportunity located along the busy 75th Street retail corridor and surrounded by a strong residential neighborhood near Luella Avenue. The property consists of 13 studio apartments and four commercial storefronts. Apartments are achieving premium rents of $1,000-$1,500 per month, while commercial spaces range from $700-$1,500 per month, depending on size. The property is supported by solid mechanicals, including a Smith cast-iron boiler installed in 2014 and two 73-gallon hot water tanks installed in 2023. This is a rare opportunity to acquire a true cash-flowing asset with value-add potential.

Property Details

Price:
$1,045,000
MLS #:
MRD12741265
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
chisouthshore
Listed Date:
Aug 24, 2026
Total Sq Ft:
10,775
Lot Size:
6,969 sqft / 0.16 acres (approx)
Year Built:
1930
Chi – South ShoreChisouthshore

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Schools

Interior

Cooling
Wall Sleeve

Exterior

Construction Materials
Brick
Roof
Membrane
Stories
2

Financial

Net Operating Income
$114,449
Tax Year
2025
Taxes
$18,665

Map

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

    7450 S Luella Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60649. It is listed for $1,045,000

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