REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 495,900
Est. payment | /mo
$ 495,900
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12788001
Year Built 1915
Annual Tax Amount $1,500
Tax Year 2025
Lot Dimensions 50 x 125
Property Sub-Type Mixed Use
Property Description
La Villita/Little Village South Lawndale Neighborhood, Rare opportunity Mix-Use Store front with 3 additional units and a Vacant Side Lot (2804 S Drake) with separate PIN. Property has been in the family for over 40 years. Be your own Boss and operate your own business. Building Offers street level storefront currently mom & pop grocery store. The residential portion consists of 1st Floor 4 Room 2 Bedroom, 1 Bath; 2nd Floor Front unit 6 Rooms 3 Bedrooms & 1 Bath; 2nd Floor Rear Unit 4 Rooms 2 Bedrooms & 1 Bath. Full Unfinished Basement for additional Storage plus 2 Car Detached Garage. All utilities are separate, radiators & wall space heaters in units. The current rental income is below market value due to long term tenants. Property has tons of Vintage Charm with original mill work, built ins but being sold "AS IS" with tons of potential just need your renovation ideas for today's needs for market rental income. Roof approx. 2017 Located near El Arco de La Villita/26th Street Commercial Corridor-one of the highest-grossing shopping neighborhoods in the city, filled with Restaurants, Shopping, Banks, Street Vendors, Murals-Minutes from I-55 & I-290 Expressways, Public Transportation, Midway Airport, 26th Street/Blue Island Avenue for a quick drive to Downtown Chicago and all that the City has to offer.
Location
State IL
County Cook
Area Chi - South Lawndale
Zoning MULTI
Interior
Cooling Window Unit(s)
Fireplace N
Building
Dwelling Type Mixed Use
Structure Type Brick
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Jovita Acevedo of Acevedo Realty Group