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$79,000
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Property Description
SOLID LARGE commercial property. Property is zoned M3-3. C The 2nd level has been gutted, but some framing is left for the next owner to utilize. Turn it into a Multi-family dwelling and cashflow instantly. It's prior use was a business on the ground level with 3 apartments on the 2nd level. It's spacious inside with HIGH CEILINGS and it sits on two lots. The second lot and the space in front of the building can be used for parking. It's close enough to walk to Calumet Park and minutes from the Indiana border , and Lake Shore Drive. The possibilities are ENDLESS. Being sold AS-IS. SCHEDULE A SHOWING TODAY!!.
Full Property Details
Full Property Details for 9398 S Kreiter Ave
General
- Price: $79,000
- Taxes: $1,691 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12491485
- Updated: 3/5/2026
- Added to Site: 150 day(s) ago
Location
- Area: CHI - East Side
- County: Cook
- Driving Directions: Head South on South Chicago to Harbor Ave and turn East, go to Ewing Ave and turn South, then go to 94th St. and turn East.
- Location Details: Chicago South, Mixed-Use Area, Public Transport Avail
Heating & Cooling
- Cooling Type: None
- Heating Type: None
Utilities
- Trash: 50
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Stories/Levels: 2
- Square Feet: 2,670
- # of Stores: 1
- Year Built: 1910
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 4,799
- Lot Dimensions: 4799
- Potential Use: Commercial, Industrial, Multi-Family
- Zoning: COMMR
Financial Considerations
- Assessment Year: 1910
- Tax Amount: $1,691
- Tax Year: 2023
- Pays Trash: 50
Disclosures and Reports
- Property ID: 26053020260000
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 9398 S Kreiter Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Taylor Elementary School 9912 South Avenue H, Chicago, IL 60617 | PK-8 | 0.7 mi |
Washington G High School 3535 East 114th Street, Chicago, IL 60617 | 9-12 | 2.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 9398 S Kreiter Ave
Date
Details
Price
Change
Source
2/27/2026
Price Reduced
$79,000
-19.39%
MLS
1/13/2026
Price Reduced
$98,000
-1.01%
MLS
10/08/2025
Listed
$99,000
—
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 9398 S Kreiter Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,692
3%
$8,000
—
2022
$1,650
2%
$8,000
—
2021
$1,613
181%
$8,000
211%
2020
$574
—
$2,570
-10%
2019
$575
2%
$2,856
—
2018
$566
-12%
$2,856
-4%
2017
$641
8%
$2,970
—
2016
$596
9%
$2,970
—
2015
$546
14%
$2,970
16%
2014
$477
2%
$2,565
—
2013
$468
2%
$2,565
—
2012
$461
—
$2,565
—
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 9398 S Kreiter Ave
9398 S Kreiter Avenue, Chicago, IL 60617 (MLS# 12491485) is a Commercial property. 9398 S Kreiter Avenue is currently listed for $79,000 and was received on October 08, 2025. This property is listed by Janina Farr from our Oak Lawn Office.Want to learn more about 9398 S Kreiter Avenue? Do you have questions about finding other Commercial real estate for sale in East Side? You can browse all East Side real estate or contact a Coldwell Banker agent to request more information.


