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342 E 71st Street
Chicago IL 60619 US

$1,200,000

Active Listing ID 12696374
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Lot: 0.17 Acres
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Other

$1,200,000

Active Listing ID 12696374
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342 E 71st Street 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.

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Property Features

  • Facts
  • Lot Size: 0.17 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Cooling System: Central Air
  • Roof Type: Membrane

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 1200000
  • unparsedaddress: 342 E 71st Street
  • postalcity: Chicago
  • stateorprovince: IL
  • country: US
  • postalcode: 60619
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.1722
  • lotsizeunits: Acres
  • lotsizearea: 0.1722
  • livingarea: 0
  • livingareaunits: Square Feet
  • listagentfullname: Karmen Spears
  • listagentemail: karmensellshomes@gmail.com
  • listagentkey: 3yd-MREDIL-237599
  • listagentmlsid: 237599
  • listagentpreferredphone: (708) 466-9128
  • listagentofficephone: 7084669128
  • listofficekey: 3yd-MREDIL-28389
  • listofficemlsid: 28389
  • disclaimer: Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1915
  • listingcontractdate: 2026-07-08
  • listagenturl: http://www.pr-chicagoland.com
  • countyorparish: Cook
  • parcelnumber: 20223260160000
  • cooling: Central Air
  • constructionmaterials: Brick, Concrete
  • numberofunitstotal: 14
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 3
  • parkingtotal: 0
  • roof: Membrane
  • waterfrontyn: False
  • franchiseaffiliation: None
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"POWER REALTY CHICAGOLAND PLLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"karmensellshomes@gmail.com", "ListBrokerageCity":"CHICAGO", "ListBrokerageCountry":"US", "ListBrokerageEmail":"powerrealtyteam2@gmail.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"POWER REALTY CHICAGOLAND PLLC", "ListBrokeragePhone":"(708) 466-9128", "ListBrokeragePostalCode":"60609", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":"230", "ListBrokerageUnparsedAddress":"3520 S MORGAN", "ListBrokerageWebsiteUrl":"http://www.pr-chicagoland.com", "ListOfficeAddress1":"3520 S. Morgan Street ", "ListOfficeAddress2":"230", "ListOfficeBrokerMlsId":"28389", "ListOfficeCity":"Chicago", "ListOfficeCountry":"US", "ListOfficeEmail":"karmensellshomes@gmail.com", "ListOfficePostalCode":"60609", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"COMMERCIAL - Chicago, IL", "ListingURL":null, "MLSModificationTimestamp":"2026-07-14 05:06:10", "Neighborhoods":[{"Description":null, "Name":"CHI - Greater Grand Crossing"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":31282, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 7/14/2026 5:16:55 AM GMT
Source Updated Date: 7/16/2026 12:44:24 PM GMT

Courtesy of: Karmen Spears, POWER Realty Chicagoland,PLLC, karmensellshomes@gmail.com

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.