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About This Home

This 0-bedroom, 0-bathroom commercial at 1471 E 67th Street in Chicago, IL is listed for $500,000. Built in 1913, on a 0.16 acres lot.

Agent Description

Pleased to present 1471 E 67th St, Chicago, IL 60637-a vacant mixed-use retail and residential asset being offered for redevelopment/land value. The property is fully vacant and currently configured with 7 commercial units, 12 studio apartments, and 4 one-bedroom apartments.

The retail and residential portions require a full renovation, creating a clear value-add path to reposition the building and restore the apartments as income-producing units. Neighborhood Overview: South Shore & East Woodlawn South Shore-bordering the fast-evolving East Woodlawn corridor-has become a key target for South Side reinvestment due to its lakefront proximity, strong neighborhood identity, and accelerating development pipeline.

Proximity to Major Developments: Located near Jackson Park and the Obama Presidential Center, positioning the site to benefit from increased foot traffic, visibility, and long-term economic lift. Mixed-Use Upside: B3-3 zoning supports community shopping districts and encourages a blend of commercial and residential uses, ideal for developers pursuing modern mixed-use concepts.

Rising Investment Momentum: The submarket is seeing increased public and private investment, strengthening the long-term fundamentals for redevelopment plays. Positive Economic Indicators for South Shore Development Activity: Continued neighborhood investment and nearby catalytic projects are expected to support value growth and future demand for both housing and neighborhood-serving retail.

Transit Connectivity: Excellent access via the South Shore Metra line and multiple CTA bus routes, providing efficient connections to downtown and major employment nodes. Residential Demand Tailwinds: Growing interest from professionals and families is increasing demand for quality housing-supporting mixed-use projects that integrate retail, services, and residential living.

Key Features

  • Built in 1913
  • 0.16 acre lot
  • 3 stories

Property Details

3 stories
1913

Monthly Cost Estimate

$2,674/mo

20% down · 6.5% · 30 years

Principal$362
Interest$2,167
Insurance$146

Estimates only. Actual payments may vary.

Location

1471 E 67th Street

Chicago, IL 60637

Property Details

Construction

Brick Block

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 1471 E 67th Street is listed at $500,000. The estimated monthly payment is $2,167 based on 20% down at 6.5% interest.

Key features include: Built in 1913, 0.16 acre lot, 3 stories.

This property is listed by Anthony Hardy and can be reached at (312) 216-2422 or tonyhardy@kw.com.

AH

Anthony Hardy

Agent at Keller Williams ONEChicago

(312) 216-2422

Listed by Keller Williams ONEChicago

MLS# 12570303· Source: listhub· Updated 105 days ago

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1471 E 67th Street, Chicago, IL 60637

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