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$350,000
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Property Description
Pleased to present a 24-unit multifamily building in Chicago's south side neighborhood of Greater Grand Crossing. The unit mix includes (12) 1 bedroom, 1 bath and (12) studio units. The building is currently vacant and in need of a complete gut rehab. The property is located in a qualified opportunity zone.
Full Property Details
Full Property Details for 7156 S Vincennes Ave
General
- Price: $350,000
- Taxes: $20,553 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12530968
- Updated: 12/16/2025
- Added to Site: 38 day(s) ago
Location
- Area: CHI - Greater Grand Crossing
- County: Cook
- Driving Directions: South of 71st St and Vincennes Ave
Heating & Cooling
- Heating Type: Central Building Heat
Structural Information
- Stories/Levels: 3
- Year Built: 1896
- Built Before 1978: Yes
Lot Features
- Lot Dimensions: 56' x 105'
Financial Considerations
- Operating Expenses: $20,553
- Assessment Year: 1896
- Tax Amount: $20,553
- Tax Year: 2024
Disclosures and Reports
- Property ID: 20282040270000
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Schools
Schools serving 7156 S Vincennes Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Harvard Elementary School 7525 South Harvard Avenue, Chicago, IL 60620 | K-8 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7156 S Vincennes Ave
Date
Details
Price
Change
Source
12/10/2025
Listed
$350,000
-12.5%
MLS
1/17/2020
Sold
$400,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7156 S Vincennes Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$16,151
3%
$76,550
—
2022
$15,745
2%
$76,550
—
2021
$15,394
6%
$76,550
17%
2020
$14,551
11%
$65,318
—
2019
$13,123
2%
$65,318
—
2018
$12,902
-8%
$65,318
—
2017
$14,045
7%
$65,243
—
2016
$13,067
9%
$65,243
—
2015
$11,956
25%
$65,243
27%
2014
$9,538
2%
$51,405
—
2013
$9,349
1%
$51,405
—
2012
$9,224
—
$51,405
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7156 S Vincennes Ave
7156 S Vincennes Avenue, Chicago, IL 60621 (MLS# 12530968) is a Commercial property. 7156 S Vincennes Avenue is currently listed for $350,000 and was received on December 10, 2025. Want to learn more about 7156 S Vincennes Avenue? Do you have questions about finding other Commercial real estate for sale in Greater Grand Crossing? You can browse all Greater Grand Crossing real estate or contact a Coldwell Banker agent to request more information.

