$1,045,000
7450 S Luella Avenue
Chicago, IL, 60649
Real Realty is pleased to present the exclusive offering of Leulla Heights, a mixed-use investment opportunity located along the busy 75th Street retail corridor and surrounded by a strong residential neighborhood near Luella Avenue. The property consists of 13 studio apartments and four commercial storefronts. Apartments are achieving premium rents of $1,000-$1,500 per month, while commercial spaces range from $700-$1,500 per month, depending on size. The property is supported by solid mechanicals, including a Smith cast-iron boiler installed in 2014 and two 73-gallon hot water tanks installed in 2023. This is a rare opportunity to acquire a true cash-flowing asset with value-add potential.
Property Details
Price:
$1,045,000
MLS #:
MRD12741265
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
chisouthshore
Listed Date:
Aug 24, 2026
Total Sq Ft:
10,775
Lot Size:
6,969 sqft / 0.16 acres (approx)
Year Built:
1930
Schools
Interior
Cooling
Wall Sleeve
Exterior
Construction Materials
Brick
Roof
Membrane
Stories
2
Financial
Tax Year
2025
Taxes
$18,665
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
Map
Current real estate data for Commercial in Chicago as of Sep 27, 2026
905
Commercial Listed
188
Avg DOM
$1,029,170
Avg List Price
Community
- Address7450 S Luella Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60649
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Property Summary
- 7450 S Luella Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60649. It is listed for $1,045,000 To schedule a showing of MLS#mrd12741265 at 7450 S Luella Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
Copyright 2026. All rights reserved.
7450 S Luella Avenue
Chicago, IL
