Chicago, IL 60629 3121 W 71st Street
$395,000
Presented By: Millennium Properties RE, Inc.
Home Details
Prime mixed-use opportunity directly across from Marquette Park! This well-maintained building offers approximately 4,500 SF of ground-floor retail/office space, easily divisible into two separate units. The upper level features three residential apartments currently generating $4,000/month in rental income, providing immediate cash flow. Additional highlights include two, 2-car garages on site and B1-1 zoning, offering flexibility for a variety of business and investment uses. Perfect for an owner-user looking to operate their business on the ground floor while offsetting expenses with rental income, or for an investor seeking a stable, income-producing asset in a strong neighborhood location. With high visibility, strong foot and vehicle traffic, and a prime location across from the 318-acre Marquette Park, this property offers a unique blend of business potential and long-term investment upside.
Presented By: Millennium Properties RE, Inc.
General for 3121 W 71st Street
Additional Parcels Y/NYes
CityChicago
CoolingCentral Air
CountyCook
Directions71st St East to Troy St
ElectricCircuit Breakers
Electric Expense1800
Fuel Expense3500
Gross Income48000
Insurance Expense4500
Lot Size Square Feet7910
MLS AreaCHI - Chicago Lawn
ModificationTimestamp2025-09-22T05:07:16.959Z
Number Of Units Total5
Property SubtypeMixed Use
Property TypeCommercial Sale
Property TypeMixed Use
Standard StatusActive
StatusActive
Stories Count2
Tax Annual Amount4008.62
Tax Year2023
Trash Expense2400
Water Sewer Expense4800
Year Built1959
Exterior for 3121 W 71st Street
Building Area Total8864
Lot Dimensions60x264
Additional Details
Price History

SQFT • 8,864