Date
Details
Price
Change
Source
9/09/2026
Listed
$100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
Rare commercial opportunity in the heart of south Chicago's commercial avenue corridor. This circa 1890 store building sits on a 3394 SF lot in one of the south sides most stoned retail district ideal for retail gallery or office. Currently used as a hair salon. Property being sold as is. Currently leased at $750/mo, below area market rents. Strong value, add upside for investors to reposition rent value.
Full Property Details
Full Property Details for 8821 S Commercial Ave
General
- Price: $100,000
- Taxes: $5,458 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12754148
- Updated: 9/9/2026
- Added to Site: 3 day(s) ago
Interior
- Interior Features: Basement
- Flooring: Vinyl
Location
- Area: CHI - South Chicago
- County: Cook
- Township: Hyde Park
- Driving Directions: From 87th St east to Commercial Ave, south to property near 88th St
- Location Details: Central Business District
Heating & Cooling
- Cooling Type: Wall Sleeve
- Heating Type: Central Building Heat
Utilities
- Onsite: Electricity to Site, Natural Gas Available
Structural Information
- Construction: Brick, Wood, Aluminum Siding
- Exterior Const.: Brick, Wood, Aluminum Siding
- Foundation: Block, Concrete Perimeter
- Sub-Flooring: Vinyl
- Stories/Levels: 1
- Square Feet: 800
- Current Bldg. Use: Commercial
- Year Built: 1890
Unit Information
- Extra Storage Avail: Yes
Lot Features
- Lot Size (Sq. Ft.): 3,500
- Lot Dimensions: 25 x 125
- Frontage: City Street
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Assessment Year: 1890
- Tax Amount: $5,458
- Tax Year: 2024
Disclosures and Reports
- Property ID: 26062100080000
Listed by McColly Real Estate
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— 8821 S Commercial Ave —
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NMLS#: 1598647
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Schools
Schools serving 8821 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 | 0.3 mi |
Bowen High School 2710 East 89th Street, Chicago, IL 60617 | 9-11 | 0.3 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 8821 S Commercial Ave
Tax History
Tax History for 8821 S Commercial Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,338
37%
$18,250
34%
2023
$3,900
3%
$13,591
—
2022
$3,779
2%
$13,591
—
2021
$3,705
-2%
$13,591
7%
2020
$3,788
11%
$12,649
—
2019
$3,419
1%
$12,649
—
2018
$3,375
1%
$12,649
8%
2017
$3,340
7%
$11,688
—
2016
$3,120
3%
$11,688
—
2015
$3,028
-1%
$11,688
—
2014
$3,071
4%
$11,688
—
2013
$2,939
-1%
$11,688
—
2012
$2,962
—
$11,688
—
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 8821 S Commercial Ave
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- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 2Total Baths
- 1,052Sq. Ft.
- Single Family
- Active
- Updated 17 hours ago
- 4Beds
- 2Total Baths
- 1,320Sq. Ft.
- Single Family
- Active
- Updated 13 hours ago
- 6Beds
- 3Total Baths
- 1,896Sq. Ft.
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- Single Family
- Closed
- 4Beds
- 1Total Bath
- 1,024Sq. Ft.
Listed by Vitali Kniazkov
8821 S Commercial Avenue, Chicago, IL 60617 (MLS# 12754148) is a Commercial property. 8821 S Commercial Avenue is currently listed for $100,000 and was received on September 09, 2026. Want to learn more about 8821 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.