342 E 71st Street
Chicago, IL, 60619
$1,200,000
Beds
0 Baths
0 SqFt
0 Acres
Add
Add
$1,200,000
342 E 71st Street
Chicago, IL, 60619
MLS #MRD12696374 image #0MLS #MRD12696374 image #1MLS #MRD12696374 image #2MLS #MRD12696374 image #3MLS #MRD12696374 image #4MLS #MRD12696374 image #5MLS #MRD12696374 image #6MLS #MRD12696374 image #7MLS #MRD12696374 image #8MLS #MRD12696374 image #9MLS #MRD12696374 image #10MLS #MRD12696374 image #11MLS #MRD12696374 image #12MLS #MRD12696374 image #13MLS #MRD12696374 image #14MLS #MRD12696374 image #15MLS #MRD12696374 image #16MLS #MRD12696374 image #17MLS #MRD12696374 image #18MLS #MRD12696374 image #19MLS #MRD12696374 image #20MLS #MRD12696374 image #21MLS #MRD12696374 image #22MLS #MRD12696374 image #23MLS #MRD12696374 image #24MLS #MRD12696374 image #25MLS #MRD12696374 image #26MLS #MRD12696374 image #27MLS #MRD12696374 image #28
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.

Property Details

Price:
$1,200,000
MLS #:
MRD12696374
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
chigreatergrandcrossing
Listed Date:
Jul 8, 2026
Year Built:
1915
Chi – Greater Grand CrossingChigreatergrandcrossing

Schools

Interior

Cooling
Central Air, Central Individual, Office Only

Exterior

Construction Materials
Brick, Concrete
Roof
Membrane
Stories
3

Financial

Net Operating Income
$103,598
Tax Year
2024
Taxes
$31,282
Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing

Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

More About Debra

Mortgage Calculator

 

Map

Current real estate data for Commercial in Chicago as of Jul 10, 2026
919
Commercial Listed
181
Avg DOM
$1,004,969
Avg List Price

Community

Subdivisions in Chicago

Similar Listings Nearby

broker reciprocity
MLS# MRD12108991broker reciprocity
4636 S KING Drive
Chicago, IL

$1,500,000

3.1 miles away

broker reciprocity
MLS# MRD12427153broker reciprocity
3464 N KNOX Avenue
Chicago, IL

$1,400,000

3.6 miles away

broker reciprocity
MLS# MRD12497916broker reciprocity
6820 S Perry Avenue
Chicago, IL

$1,349,000

0.7 miles away

broker reciprocity
MLS# MRD12654723broker reciprocity
822 W Exchange Avenue
Chicago, IL

$1,300,000

4.0 miles away

broker reciprocity
MLS# MRD12689733broker reciprocity
1948 E 71st Place
Chicago, IL

$1,300,000

2.0 miles away

broker reciprocity
MLS# MRD12458534broker reciprocity
6155 W FULLERTON Avenue
Chicago, IL

$1,249,500

3.2 miles away

broker reciprocity
MLS# MRD12442792broker reciprocity
5159 W Diversey Avenue
Chicago, IL

$1,239,000

3.6 miles away

broker reciprocity
MLS# MRD12573303broker reciprocity
619 E Groveland Park
Chicago, IL

$1,200,000

4.7 miles away

broker reciprocity
MLS# MRD12667434broker reciprocity
7716-18 S East End Avenue
Chicago, IL

$1,175,000

1.8 miles away

Property Summary

    342 E 71st Street Chicago IL is a Commercial for sale in Chicago, IL, 60619. It is listed for $1,200,000 To schedule a showing of MLS#mrd12696374 at 342 E 71st Street in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
342 E 71st Street
Chicago, IL