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Garrett Johnson

homesbygarrett@gmail.com +1(847) 337-1157

$265,000

Est. payment - /mo

3,490 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,490 sqft

Price per Sqft $75

MLS Listing ID 12616286

Year Built 1921

Annual Tax Amount $2,743

Tax Year 2023

Lot Dimensions 25x126x25x126

Property Sub-Type Mixed Use

Property Description

Solid mixed-use opportunity in the heart of Chicago Lawn featuring a 2-story brick building with strong income potential and excellent exposure along busy South Western Avenue with high traffic counts. The main level offers a cash-flowing commercial space currently operating as a barber/salon, featuring an open layout, 1 bath, and access to the backyard-ideal for a growing business or continued tenant use. A full unfinished basement provides additional storage and operational flexibility. Upstairs, you'll find a spacious 3-bedroom, 2-bath residential unit, perfect for owner-occupancy or additional rental income. The residential unit benefits from CHA-backed income, offering consistent and reliable cash flow. The property also includes a large backyard and 2-car brick garage, adding convenience, tenant appeal, and overall value. Perfect for investors seeking stable returns or entrepreneurs looking to operate their business while building equity, this property offers flexible use-live upstairs and run your business below, or lease both units for maximum income. Located in a high-visibility corridor with strong neighborhood demand, this is a hybrid investment opportunity combining commercial income with residential stability.

Location

State IL

County Cook

Area Chi - Chicago Lawn

Interior

Cooling Window Unit(s)

Flooring Carpet, Tile

Fireplace N

Building

Dwelling Type Mixed Use

Structure Type Brick

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Listed by Cierra Thurman of Keller Williams ONEChicago

Nearby School & Business

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Garrett Johnson

+1(847) 337-1157

Agent License ID: 475.188206

7359 S Western AVE Chicago, IL 60636

Garrett Johnson

Key Details

Location

Interior

Building

Nearby School & Business

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