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About the Listing 87738 - 894635
Solid mixed-use opportunity in the heart of Chicago Lawn featuring a 2-story brick building with strong income potential and excellent exposure along busy South Western Avenue with high traffic counts. The main level offers a cash-flowing commercial space currently operating as a barber/salon, featuring an open layout, 1 bath, and access to the backyard-ideal for a growing business or continued tenant use. A full unfinished basement provides additional storage and operational flexibility. Upstairs, you'll find a spacious 3-bedroom, 2-bath residential unit, perfect for owner-occupancy or additional rental income. The residential unit benefits from CHA-backed income, offering consistent and reliable cash flow. The property also includes a large backyard and 2-car brick garage, adding convenience, tenant appeal, and overall value. Perfect for investors seeking stable returns or entrepreneurs looking to operate their business while building equity, this property offers flexible use-live upstairs and run your business below, or lease both units for maximum income. Located in a high-visibility corridor with strong neighborhood demand, this is a hybrid investment opportunity combining commercial income with residential stability. Showings during open houses on Saturday (5/23, 5/30, 6/6) from 12:00 PM - 1:30 PM.
Listing Highlights
Status
Active
Days on Site
31
Property Type
Commercial Sale
MLS ®
12616286
Year Built
1921
Total Square Footage
3,490
Lot/Acreage
0.07
County
Cook
Area
CHI - Chicago Lawn
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Radiators
- Fireplaces:
- Floor: Carpet,Tile
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 25x126x25x126
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $2,743
- Taxes w/Assessments: N/A
- Tax/Property ID: 20301160240000
- Tax Year: 2023
Payment Calculator
Monthly Payment
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Questions About..
7359 S Western Ave Chicago, IL 60636
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