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$249,000
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Property Description
Solid Brick Building on busy Commercial Ave. Second Floor is Unit has 3 bedrooms, 1 Bath. The First Floor building previously as Commercial store front. Separate Utilities. It has two oversize garages that can fit up to 4 vehicles. Rents are currently well below market. Buyer to Check Zoning Usage.
Full Property Details
Full Property Details for 8462 S Commercial Ave
General
- Price: $249,000
- Taxes: $1,688 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12756532
- Updated: 9/17/2026
- Added to Site: 26 day(s) ago
Additional Information
- Security/Safety: Other
Location
- Area: CHI - South Chicago
- County: Cook
- Driving Directions: 83rd St. to Commercial Ave
- Location Details: Chicago South
Heating & Cooling
- Cooling Type: None
- Heating Type: Electric, Gas
Structural Information
- Stories/Levels: 2
- Square Feet: 2,412
- # of Stores: 1
- Year Built: 1917
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 3,125
- Lot Dimensions: 25 x 125
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Other
- Assessment Year: 1917
- Tax Amount: $1,688
- Tax Year: 2023
Disclosures and Reports
- Property ID: 21314120250000
Listed by Grinker & Garcia Real Estate
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Schools
Schools serving 8462 S Commercial Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Ninos Heroes Elementary Academic Center 8344 South Commercial Avenue, Chicago, IL 60617 | PK-8 | 0.2 mi |
Bowen High School 2710 East 89th Street, Chicago, IL 60617 | 9-11 | 0.6 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 8462 S Commercial Ave
Date
Details
Price
Change
Source
9/11/2026
Listed
$249,000
—
MLS
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 8462 S Commercial Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,688
—
$10,400
30%
2023
$1,688
3%
$8,000
—
2022
$1,645
2%
$8,000
—
2021
$1,609
-26%
$8,000
-18%
2020
$2,180
-4%
$9,787
-13%
2019
$2,260
2%
$11,250
—
2018
$2,222
-18%
$11,250
-11%
2017
$2,723
8%
$12,648
—
2016
$2,533
9%
$12,648
—
2015
$2,318
26%
$12,648
1%
2014
$1,846
3%
$12,516
—
2013
$1,798
22%
$12,516
—
2012
$1,478
—
$12,516
—
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 8462 S Commercial Ave
8462 S Commercial Avenue, Chicago, IL 60617 (MLS# 12756532) is a Commercial property. 8462 S Commercial Avenue is currently listed for $249,000 and was received on September 11, 2026. Want to learn more about 8462 S Commercial Avenue? Do you have questions about finding other Commercial real estate for sale in South Chicago? You can browse all South Chicago real estate or contact a Coldwell Banker agent to request more information.

