x
Showing 1 of 0
X
Save

514 W 71st Street
Chicago IL 60621 US

$399,000

Active Listing ID 12582502
lot icon
Lot: 0.14 Acres
home icon
Retail

$399,000

Active Listing ID 12582502
Save

514 W 71st Street Prime Investment Opportunity with Expansion Potential. Don't miss this unique commercial property offering exceptional upside. Situated adjacent to a city-owned vacant lot, this building presents a rare opportunity for future growth and potential expansion (buyer to verify possibilities with the city). The property features three storefronts, including two established long-term tenants, providing immediate income stability. The existing tenants hold valid licenses and may continue operating under current approvals, offering added security for investors. Currently zoned RT-4, the property would require rezoning for certain commercial redevelopment opportunities, making it an ideal candidate for investors or developers seeking to reposition and maximize value. Being sold as-is, this property is perfect for those looking to capitalize on its strong location, reliable tenant base, and long-term growth potential.

Collapse all

Property Features

  • Facts
  • Lot Size: 0.14 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Retail
  • Features
  • Cooling System: Central Air

Property

  • propertytype: Commercial Sale
  • propertysubtype: Retail
  • listprice: 399000
  • unparsedaddress: 514 W 71st Street
  • postalcity: Chicago
  • stateorprovince: IL
  • country: US
  • postalcode: 60621
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.1435
  • lotsizeunits: Acres
  • lotsizearea: 0.1435
  • livingarea: 0
  • livingareaunits: Square Feet
  • listagentfullname: Aladdin Shelo
  • listagentemail: tawhidinc@gmail.com
  • listagentkey: 3yd-MREDIL-269873
  • listagentmlsid: 269873
  • listagentpreferredphone: (708) 710-3828
  • listagentofficephone: 7083200002
  • listofficekey: 3yd-MREDIL-25688
  • listofficemlsid: 25688
  • 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: 1914
  • listingcontractdate: 2026-03-07
  • listagenturl: http://hsrealtygroupil.com
  • countyorparish: Cook
  • parcelnumber: 20213260160000
  • cooling: Central Air
  • constructionmaterials: Brick
  • numberofunitstotal: 3
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: HomeSmart International
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"HomeSmart Realty Group", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"dbowden@hsrealtygroupil.com", "ListBrokerageCity":"Orland Park", "ListBrokerageCountry":"US", "ListBrokerageEmail":"dancbowden@gmail.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"HomeSmart Realty Group", "ListBrokeragePhone":"(708) 710-3828", "ListBrokeragePostalCode":"60462", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"9755 W 143rd St", "ListBrokerageWebsiteUrl":"http://hsrealtygroupil.com", "ListOfficeAddress1":"9755 W. 143rd St. ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"25688", "ListOfficeCity":"Orland Park", "ListOfficeCountry":"USA", "ListOfficeEmail":"dancbowden@gmail.com", "ListOfficePostalCode":"60462", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"COMMERCIAL - Chicago, IL", "ListingURL":null, "MLSModificationTimestamp":"2026-03-09 08:02:04", "Neighborhoods":[{"Description":null, "Name":"CHI - Englewood"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":26922, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 3/9/2026 9:41:58 AM GMT
Source Updated Date: 3/11/2026 7:22:10 AM GMT

Courtesy of: Aladdin Shelo, HomeSmart Realty Group, tawhidinc@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.