7450 S Luella Ave

Chicago, IL 60649
  • $1,045,000

    Price
  • 10,775

    SqFt
  • 0.16

    Acre

About the Listing 87880 - 182289

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.

Listing Highlights for 7450 S Luella Ave

Status Active
Days on Site 20
Property Type Commercial Sale
MLS ® 12741265
Year Built 1930
Total Square Footage 10,775
Lot/Acreage 0.16

Interior Details

  • Appliances:
  • Air Cond: Wall Sleeve
  • Heating: Radiators,Steam
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 96 X 67
  • Zoning: COMMR
  • Roof: Membrane
  • Others:
  • Sewer:

Financial Details

  • Tax Amount: $18,665
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 20252250270000
  • Tax Year: 2025

Payment Calculator

Monthly Payment

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  • in Taxes
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Listing Location

Questions About..

7450 S Luella Ave Chicago, IL 60649

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Originating MLS: mred

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Puneet "Pete" Kapoor - CPA, ABR, PSA, SRS, CIPS, ACP

CPA, SRS, PSA, CIPS, ACP, GROUP LEAD, REALTOR | PRINCIPAL CO-OWNER | The Sterling Group Global | Keller Williams Infinity

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