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$539,999

  • For Sale
  • Active
  • Commercial
  • 6,266 Sq. Ft.
  • Updated 2 days ago
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Full Property Details for 7358 S Michigan Ave

General

  • Price: $539,999
  • HOA FEE: $7,500
  • Taxes: $4,853 (2023)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12760810
  • Updated: 10/10/2026
  • Added to Site: 22 day(s) ago

Interior

  • Basement: Unfinished

Location

  • Area: CHI - Greater Grand Crossing
  • County: Cook
  • Township: Hyde Park
  • Driving Directions: Property is located on S. Michigan Ave.
  • Location Details: Corner, Public Transport Avail, In City Limits

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Hot Water, Steam

Utilities

  • Trash: 2400

Structural Information

  • Construction: Other
  • Exterior Const.: Other
  • Basement: Yes
  • Basement Desc.: Unfinished
  • Stories/Levels: 3
  • Square Feet: 6,266
  • Current Bldg. Use: Multi-Family
  • Year Built: 1916
  • Built Before 1978: Yes

Unit Information

  • Units w/Refrigerators: 1
  • Units w/Range/Oven: 1

Lot Features

  • Lot Size (Acres): 0.11
  • Lot Size (Sq. Ft.): 4,830
  • Lot Dimensions: 30 x 158 x 31 x 158
  • Frontage: City Street, Public Road
  • Potential Use: Multi-Family
  • Zoning: MULTI

Water Features

  • Water Front Name: LAKE MICHIGAN

Financial Considerations

  • For Sale/Rent/Lease: For Sale Only
  • Maint. Fee: $7,500
  • Insurance Fee: $4,600
  • Operating Expenses: $32,500
  • Assessment Year: 1916
  • Tax Amount: $4,853
  • Tax Year: 2023
  • Tenant Pays: Electricity
  • Pays Trash: 2400

Disclosures and Reports

  • Property ID: 20271130370000

Listed by Real People Realty

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Listing agent

— 7358 S Michigan Ave —

  • Real People Realty

(708) 966-9876

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 7358 S Michigan Ave

School District:Chicago Public School District 299
NameGradesDistance
Deneen Elementary School
7240 South Wabash Avenue, Chicago, IL 60619
7-80.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7358 S Michigan Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/04/2026
Price Reduced
$539,999
-1.82%
MLS
9/20/2026
Listed
$550,000
—
MLS
Get Price Alerts and Save Property
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 for 7358 S Michigan Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,853
—
$42,300
84%
2023
$4,853
3%
$22,999
—
2022
$4,730
2%
$22,999
—
2021
$4,625
23%
$22,999
37%
2020
$3,753
-2%
$16,848
-12%
2019
$3,847
2%
$19,146
—
2018
$3,782
-36%
$19,146
-30%
2017
$5,913
7%
$27,466
—
2016
$5,501
9%
$27,466
—
2015
$5,033
32%
$27,466
19%
2014
$3,806
2%
$23,082
—
2013
$3,720
-22%
$23,082
-21%
2012
$4,791
—
$29,194
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Real People Realty

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7358 S Michigan Avenue, Chicago, IL 60619 (MLS# 12760810) is a Commercial property. 7358 S Michigan Avenue is currently listed for $539,999 and was received on September 20, 2026. Want to learn more about 7358 S Michigan 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.

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