O'Neil Property Group

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$1,135,000
97 Days On Site

342 E 71st Street
Chicago, IL 60619

For Sale|Mixed Use|Active
0
Beds
0
Total Baths
1915
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of POWER Realty Chicagoland,PLLC
342 E 71st Street342 E 71st Street342 E 71st Street342 E 71st Street
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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.

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Listing Snapshot
Price 
$1,135,000
Days On Site 
97 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1915
MLS® Number 
12696374
Status 
Active
Property Tax 
$31,281.5
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
2 weeks agoStatus changed to Active
3 weeks agoPrice changed to $1,135,000
3 months agoListing first seen on site
General Features
Additional Property Use 
Commercial
Foundation 
Concrete Perimeter
Property Sub Type 
Mixed Use
Zoning 
OTHER
Interior Features
Cooling 
Central Air
Electric 
Circuit Breakers
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Exterior Features
Construction Details 
BrickConcrete
Roof 
Membrane
Community Features
MLS Area 
CHI - Greater Grand Crossing
Township 
Hyde Park
Listing Courtesy of MRED as distributed by MLS Grid of POWER Realty Chicagoland,PLLC



Based on information submitted to the MLS GRID as of 2026-10-14 06:20 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-10-14 06:20 AM UTC
MRED DMCA Copyright Information Copyright © 2026 Midwest Real Estate Data LLC. All rights reserved.

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