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!
Property Details
Price:
$299,900
MLS #:
MRD12768724
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
chisouthshore
Listed Date:
Sep 24, 2026
Lot Size:
5,855 sqft / 0.13 acres (approx)
Year Built:
1930
See this Listing
Schools
Interior
Cooling
None
Exterior
Construction Materials
Brick
Stories
3
Financial
Tax Year
2024
Taxes
$14,830
Map
Community
- Address7850-7851 S CONSTANCE Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60617
Market Summary
Current real estate data for Commercial in Chicago as of Oct 09, 2026
892
Commercial Listed
184
Avg DOM
$1,024,281
Avg List Price
Property Summary
- 7850-7851 S CONSTANCE Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60617. It is listed for $299,900
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Copyright 2026. All rights reserved.
7850-7851 S CONSTANCE Avenue
Chicago, IL


