O'Neil Property Group

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$400,000
28 Days On Site

7831-33 S Racine Avenue
Chicago, IL 60621

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
1950
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Village Realty, Inc.
7831-33 S Racine Avenue7831-33 S Racine Avenue7831-33 S Racine Avenue
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A Unique Mixed-Use Investment & Business Opportunity with this Versatile Property with Multiple Business & Income Possibilities! Discover an exceptional opportunity to own a versatile commercial property currently operating as a church, complete with two residential apartments above. Whether you're an established business owner, entrepreneur, investor, community organization, or religious institution, this property offers a unique combination of functional space, existing amenities, and future income potential. This property features a full sanctuary with new lighting fixtures, a dedicated choir area, a baptismal pool, a private pastor's office or study, and a spacious kitchen with an enormous dining and gathering area. The layout is ideal for worship services, fellowship gatherings, anniversary celebrations, banquets, private parties, meetings, and community events. Adding to its appeal are two upstairs apartments, one with three bedrooms and another with two bedrooms-offering the potential for rental income, owner occupancy, or on-site living for a business operator, subject to applicable requirements. Explore the Possibilities these buildings offer with potential for a variety of business and community uses, including Religious institutions: A new or growing church, ministry, religious education center, or community fellowship organization. Childcare and early learning: A daycare, preschool, or after-school program, subject to licensing and facility requirements. Event and banquet space: A venue for birthday parties, anniversaries, family celebrations, reception ns, banquets, workshops, and community events. Restaurant or catering business: A potential food-service operation, catering kitchen, or private dining venue, subject to required approvals. Professional offices: A community-service office, nonprofit headquarters, consulting business, training center, or administrative workspace. Entrepreneurial hub: A potential shared workspace, business incubator, creative studio, or small-business training center. Educational and enrichment programs: Tutoring, music lessons, choir rehearsals, arts programs, vocational training, and adult education. Community and wellness services: A potential meeting center, support-service location, or wellness and enrichment facility, subject to applicable approvals. This Potential Mixed-Use Investment has the combination of commercial space, and two residential apartments create opportunities for an owner-occupant or investor to explore multiple revenue streams. A future owner might operate a business on the main level while renting one or both apartments or lease the commercial space to a suitable operator while retaining the apartments as rental units. Another possibility is to create a community-focused business that uses the gathering areas for scheduled events, classes, and meetings. Conveniently located near public transportation, shopping, schools, and major highways, the property offers accessibility for customers, employees, residents, congregations, and community members. Whether you envision a new church, a neighborhood business, an event-based enterprise, or a mixed-use investment, this property provides a flexible foundation for bringing your vision to life. Easy to Show! Schedule your showing and explore the possibilities. Being sold As-Is!

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Listing Snapshot
PriceΒ 
$400,000
Days On SiteΒ 
28 Days
BedroomsΒ 
N/A
Inside Area (SqFt)Β 
N/A
Total BathsΒ 
N/A
Full BathsΒ 
N/A
Partial BathsΒ 
N/A
Lot SizeΒ 
N/A
Year BuiltΒ 
1950
MLS NumberΒ 
12779507
StatusΒ 
Active
Property TaxΒ 
N/A
HOA/Condo/Coop FeesΒ 
N/A
Sq Ft SourceΒ 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS
3 weeks agoStatus changed to Active
4 weeks agoListing first seen on site
General Features
FoundationΒ 
Brick/Mortar
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Exterior Features
Construction DetailsΒ 
Brick
Community Features
MLS AreaΒ 
CHI - Auburn Gresham
TownshipΒ 
Lake
Listing Courtesy of MRED as distributed by MLS Grid of Village Realty, Inc.



Based on information submitted to the MLS GRID as of 2026-11-06 08:28 PM 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: 2026-11-06 08:28 PM UTC
MRED DMCA Copyright Information Copyright Β© 2026 Midwest Real Estate Data LLC. All rights reserved.

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