Date
Details
Price
Change
Source
4/30/2026
Listed
$279,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/30
$279,900
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Property Description
Solid mixed-use opportunity in the heart of Chicago Lawn featuring a 2-story brick building with strong income potential and excellent exposure along busy South Western Avenue with high traffic counts. The main level offers a cash-flowing commercial space currently operating as a barber/salon, featuring an open layout, 1 bath, and access to the backyard-ideal for a growing business or continued tenant use. A full unfinished basement provides additional storage and operational flexibility. Upstairs, you'll find a spacious 3-bedroom, 2-bath residential unit, perfect for owner-occupancy or additional rental income. The residential unit benefits from CHA-backed income, offering consistent and reliable cash flow. The property also includes a large backyard and 2-car brick garage, adding convenience, tenant appeal, and overall value. Perfect for investors seeking stable returns or entrepreneurs looking to operate their business while building equity, this property offers flexible use-live upstairs and run your business below, or lease both units for maximum income. Located in a high-visibility corridor with strong neighborhood demand, this is a hybrid investment opportunity combining commercial income with residential stability.
Full Property Details
Full Property Details for 7359 S Western Ave
General
- Price: $279,900
- Taxes: $2,743 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12616286
- Updated: 5/6/2026
- Added to Site: 20 day(s) ago
Interior
- Flooring: Carpet, Tile
Additional Information
- Security/Safety: Smoke or Fire Protectors, Carbon Monoxide Detector(s)
Location
- Area: CHI - Chicago Lawn
- County: Cook
- Township: Lake
- Driving Directions: Western Ave south to property at 7359 S Western.
- Location Details: Chicago South
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Radiators
Utilities
- Trash: 55
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Sub-Flooring: Carpet, Tile
- Stories/Levels: 2
- Square Feet: 3,490
- # of Stores: 1
- Year Built: 1921
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 3,141
- Lot Dimensions: 25 x 126 x 25 x 126
Financial Considerations
- Insurance Fee: $314
- Other Fee: $50
- Security Deposit: Smoke or Fire Protectors, Carbon Monoxide Detector(s)
- Assessment Year: 1921
- Tax Amount: $2,743
- Tax Year: 2023
- Tenant Pays: Electricity, Heat, Scavenger, Sewer
- Pays Electric: 215
- Pays Trash: 55
Disclosures and Reports
- Property ID: 20301160240000
Listed by Keller Williams ONEChicago
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— 7359 S Western Ave —
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NMLS#: 1598647
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Schools
Schools serving 7359 S Western Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Mckay Elementary School 6901 South Fairfield Avenue, Chicago, IL 60629 | PK-8 | 0.7 mi |
Gage Park High School 5630 South Rockwell Street, Chicago, IL 60629 | 9-12 | 2.2 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 7359 S Western Ave
Tax History
Tax History for 7359 S Western Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,743
—
$15,000
15%
2023
$2,743
3%
$12,999
—
2022
$2,674
2%
$12,999
—
2021
$2,614
50%
$12,999
67%
2020
$1,738
-2%
$7,800
-12%
2019
$1,781
2%
$8,864
—
2018
$1,751
-36%
$8,864
-27%
2017
$2,751
8%
$12,100
—
2016
$2,555
9%
$12,100
—
2015
$2,343
8%
$12,100
10%
2014
$2,165
2%
$11,021
—
2013
$2,125
1%
$11,021
—
2012
$2,104
—
$11,021
—
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 7359 S Western Ave
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- Commercial
- Active
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- Single Family
- Active
- Updated 4 days ago
- 4Beds
- 3Total Baths
- 1,685Sq. Ft.
- Single Family
- Active
- Updated 20 hours ago
- 2Beds
- 2Total Baths
- 2,212Sq. Ft.
- Single Family
- Active
- Updated 4 days ago
- 2Beds
- 2Total Baths
- 1,269Sq. Ft.
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- Single Family
- Active
- Updated 21 hours ago
- 5Beds
- 2Total Baths
- 1,930Sq. Ft.
Listed by Sam Ochoa (708) 890-5065
- Single Family
- Active
- Updated 1 hour ago
- 4Beds
- 3Total Baths
- 1,896Sq. Ft.
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7359 S Western Avenue, Chicago, IL 60636 (MLS# 12616286) is a Commercial property. 7359 S Western Avenue is currently listed for $279,900 and was received on April 30, 2026. Want to learn more about 7359 S Western Avenue? Do you have questions about finding other Commercial real estate for sale in Chicago Lawn? You can browse all Chicago Lawn real estate or contact a Coldwell Banker agent to request more information.