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$300,000
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Property Description
Come and be the new owners of a massive mixed use property containing an established storefront and 2 renovated apartments. This property is already income-producing so you can walk right into the perfect investment opportunity, or you can move into one of the units and let your tenant and business contribute to your financial freedom. The storefront is 800 sq ft and has a bathroom; the first floor apartment has two cozy bedrooms and an open concept; and the 2nd floor apartment is massive boasting 3 bedrooms (with potential for a 4th) and 2 bathrooms with huge living spaces. Come and join a thriving community where all of your daily needs will be at your fingertips. Shopping, eating, entertainment! Whatever you're looking for, you will find it.
Full Property Details
Full Property Details for 8729 S Commercial Ave
General
- Price: $300,000
- Taxes: $2,009 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12671080
Interior
- Flooring: Tile, Vinyl
Additional Information
- Security/Safety: Alarm Monitored, Carbon Monoxide Detector(s)
Location
- Area: CHI - South Chicago
- County: Cook
- Township: Hyde Park
- Driving Directions: 87TH E TO COMMERCIAL TO PROPERTY
- Location Details: Chicago South
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Gas
Structural Information
- Construction: Other, Brick
- Exterior Const.: Other, Brick
- Foundation: Concrete Perimeter
- Sub-Flooring: Tile, Vinyl
- Stories/Levels: 2
- Square Feet: 2,640
- # of Stores: 1
- Year Built: 1893
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 2
- Units w/Range/Oven: 2
- # Dryers: 2
Lot Features
- Lot Size (Sq. Ft.): 3,500
- Lot Dimensions: 25 x 140
- Frontage: City Street
Financial Considerations
- Insurance Fee: $2,200
- Security Deposit: Alarm Monitored, Carbon Monoxide Detector(s)
- Assessment Year: 1893
- Tax Amount: $2,009
- Tax Year: 2023
- Tenant Pays: Electricity, Heat
Disclosures and Reports
- Property ID: 26062030120000
Listed by Jean Pierre Realty Int'l
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Schools
Schools serving 8729 S Commercial Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Mireles Elementary Academy 9000 South Exchange Avenue, Chicago, IL 60617 | K-8 | 0.4 mi |
Bowen High School 2710 East 89th Street, Chicago, IL 60617 | 9-11 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 8729 S Commercial Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,009
—
$14,200
103%
2023
$2,009
3%
$7,000
—
2022
$1,947
2%
$7,000
—
2021
$1,908
-35%
$7,000
-28%
2020
$2,916
-4%
$9,737
-13%
2019
$3,025
1%
$11,192
—
2018
$2,986
-23%
$11,192
-18%
2017
$3,884
7%
$13,593
—
2016
$3,629
3%
$13,593
—
2015
$3,521
10%
$13,593
11%
2014
$3,208
4%
$12,211
—
2013
$3,070
-1%
$12,211
—
2012
$3,094
—
$12,211
—
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 8729 S Commercial Ave
8729 S Commercial Avenue, Chicago, IL 60617 (MLS# 12671080) is a Commercial property. 8729 S Commercial Avenue is currently listed for $300,000 and was received on June 07, 2026. Want to learn more about 8729 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.

