1471 E 67th Street
Chicago, IL 60637

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Description

Pleased to present 1471 E 67th St, Chicago, IL 60637-a vacant mixed-use retail and residential asset being offered for redevelopment/land value. The property is fully vacant and currently configured with 7 commercial units, 12 studio apartments, and 4 one-bedroom apartments. The retail and residential portions require a full renovation, creating a clear value-add path to reposition the building and restore the apartments as income-producing units. Neighborhood Overview: South Shore & East Woodlawn South Shore-bordering the fast-evolving East Woodlawn corridor-has become a key target for South Side reinvestment due to its lakefront proximity, strong neighborhood identity, and accelerating development pipeline. Proximity to Major Developments: Located near Jackson Park and the Obama Presidential Center, positioning the site to benefit from increased foot traffic, visibility, and long-term economic lift. Mixed-Use Upside: B3-3 zoning supports community shopping districts and encourages a blend of commercial and residential uses, ideal for developers pursuing modern mixed-use concepts. Rising Investment Momentum: The submarket is seeing increased public and private investment, strengthening the long-term fundamentals for redevelopment plays. Positive Economic Indicators for South Shore Development Activity: Continued neighborhood investment and nearby catalytic projects are expected to support value growth and future demand for both housing and neighborhood-serving retail. Transit Connectivity: Excellent access via the South Shore Metra line and multiple CTA bus routes, providing efficient connections to downtown and major employment nodes. Residential Demand Tailwinds: Growing interest from professionals and families is increasing demand for quality housing-supporting mixed-use projects that integrate retail, services, and residential living.

Features

• Property Type: Commercial
• Sub Type: Mixed Use
• Listing Status: Active
• County/Area: Cook County
• Zip Code: 60637
• Year Built: 1913
• Sq.Ft.: 13,283 sq ft
• Stories: 3
• Units: 23 units
• Zoning: COMMR
• # Of Apts: 16
• # Of Stores: 7
• Approximate Age: Older
• Building Area Total: 13283
• Built Before 1978 (Y/N): Yes
• Construction Materials: Brick, Block
• Directions: Go West 1 block on 67th Street from Stoney Island to Black Stone. Property sits directly on the corner.
• Geographic Locale: Chicago South
• Information: 48-Hr Notice Required
• Location: Corner
• Lot Size Square Feet: 6900
• Main Type: Commercial Sale
• Tax Annual Amount: 42555.7
• Tax Year: 2024
• Township: Hyde Park