Keller Williams ONEChicago
Listed by Keller Williams ONEChicago
$269,900
7359 S Western Avenue
Details
APN 20301160240000
Property Type Mixed Use
Sub Type Mixed Use
Units 2
Cap Rate 8.20%
Year Built 1921
Stories 2
Lot Size (SqFt) 3,141
Mixed Use | 8.20% CAP
Marketing 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.
Listing Contacts
Keller Williams ONEChicago
Listed by Keller Williams ONEChicago
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