IL
Cook
Chicago
60619
342 E 71st Street
342 E 71st Street, Chicago, IL 60619
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Listing Type
Commercial/Industrial
Listing Status
Active
29
$1,200,000

Home Details for 342 E 71st Street

Price
$1,200,000
Type
Commercial Sale
Year built
1915
County
Cook
MLS Listing#
12696374
Property Description

Exceptional Mixed-Use Investment Opportunity! This rare package includes two modern buildings being sold together, offering a total of 10 residential units and 4 commercial storefronts in a prime, income-producing location. 342-348 E. 71st, features four retail storefronts and four spacious 2-bedroom apartments, while 7051 S. Calumet Avenue is a three-story, six-unit apartment building, with all six units offering 2-bedroom layouts. Additional improvements include a partial roof replacement in 2024 on 342-348 E 71st, along with updated electrical and copper plumbing in 2020. The residential units are highly desirable 2-bedroom layouts, and the commercial component provides diversified income with additional upside potential. Whether you're expanding your portfolio or completing a 1031 exchange, this turnkey mixed-use investment offers strong cash flow, multiple revenue streams, and long-term appreciation potential.

Property Features
  • Cooling Information
    • Central Air
Listing Courtesy: POWER Realty Chicagoland,PLLC - 773-446-7708
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2026-07-09 02:20:16. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2026-07-09 02:20:16
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EXIT TRUE DESIGN REALTY
11070 S. Western Ave. Unit 6 and 11, Chicago, IL 60643
Office
708 573 8801
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