New Listing
$299,900
( )
 $1,610 est/mo Sourced by Back At You

7850-7851 S Constance Avenue,Chicago, IL 60617

Chicago, IL 60617

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Description

UNLIMITED POTENTIAL & MASSIVE VALUE-ADD OPPORTUNITY IN PRIME SOUTH SHORE! Heavy-hitting investment package featuring a 31-unit mixed-use building in a rapidly developing neighborhood. Fantastic scale with 28 residential units (24 studios and 4 one-bedroom apartments) plus 3 street-level commercial retail spaces offering high visibility and foot traffic. Perfect for an experienced investor or developer looking to execute a full renovation, add value, and stabilize for maximum cash flow or long-term portfolio growth. Conveniently situated near public transportation, major thoroughfares, shopping, and lakefront amenities. Property needs work and is being sold in AS-IS / WHERE-IS condition. Seller will not provide surveys or disclosures; real estate taxes will be prorated. Bring your vision to unlock this property's true potential!

Details

MLS #12759415
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year1930
Days On Site5
Listing Provided ByArea Wide Realty | Michael Olszewski

Features

Story(s)3
Units28
ZoningOTHER
Acreage0.13

Interior

CoolingNone

Exterior

Construction MaterialsBrick

Utilities

ElectricNone

Taxes

Tax Year2024
Tax Annual Amount14829.81

Area Information

StateIL
CountyCook
CityChicago
Zip Code60617
AreaCHI South Shore
Listing VS Median (in 60617)
Price:
$299,900
low | high
Med:
$210,000
79.976825608536% of Average
On site:
5
low | high
Med:
169.5
2.949852507375% of Average
Sourced by Back At You

Market Activity 60617

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Learn More About This Property

StateIL
CountyCook
CityChicago
Zip Code60617
AreaCHI South Shore
Listing VS Median (in 60617)
Price:
$299,900
low | high
Med:
$210,000
79.976825608536% of Average
On site:
5
low | high
Med:
169.5
2.949852507375% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $224K - $374K
sqft: 0 - 0
Listing Updated: September 16, 2026 at 2:11:29 AM PDT