9655 S Commercial Avenue, Chicago IL 60617
$479,000

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Property Description

Exceptional investment opportunity! Legal 4-unit building with an additional non-conforming owner suite unit, offering 5 total income streams. Ideal for investors or owner-occupants seeking strong cash flow with value-add potential. This property has so much potential for overall income and cap rate. Property features a full unfinished basement, brick 4-car garage, and a concrete car pad secured by a wrought iron gate for additional parking or storage. Two adjacent lots included in the sale. The two adjacent fenced lots featuring open green space-perfect for outdoor enjoyment today with long-term potential for development, expansion, or additional income opportunities. Ideally located just minutes from the Illinois Quantum and Microelectronics Park, positioning the property for long-term growth and increased demand. Sold as-is.

Features & Information

Key Details

  • List Price $479,000
  • Property Taxes $1,692
  • Status Active
  • List Market Time 46

Units

  • Unit 1

  • Floor 1
  • Rooms 5
  • Beds 1
  • Baths 1
  • Appliances Stove, Refrigerator, Range Hood
  • Rent $0/mo
  • Tenant Pays None
  • Lease Expires 06/26
  • Unit 2

  • Floor 1
  • Rooms 4
  • Beds 1
  • Baths 1
  • Appliances Stove, Refrigerator
  • Rent $625/mo
  • Tenant Pays None
  • Lease Expires 06/26
  • Unit 3

  • Floor 2
  • Rooms 7
  • Beds 2
  • Baths 1
  • Appliances Stove, Refrigerator
  • Rent $825/mo
  • Tenant Pays None
  • Lease Expires 06/25
  • Unit 4

  • Floor 2
  • Rooms 7
  • Beds 2
  • Baths 1
  • Appliances Stove, Refrigerator
  • Rent $800/mo
  • Tenant Pays None
  • Lease Expires 06/26

Exterior Features

  • Parking

  • # of Cars:  8

Building Information

  • Number of Units 4
  • Age of Building 100+ Years

Location

  • County Cook
  • Township Hyde Park
  • Corporate Limits Chicago
  • Directions to Property I-90/94 (dan Ryan Expressway) South To 95th St Exit (exit 66b). Head East On 95th St To S Commercial Ave, Then Turn South To 9655 S Commercial Ave.
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • Property Taxes

  • Tax 1692
  • Tax Year 2023
  • Parcel Identification Number 26061320220000

Listed by Daniel Sanchez for Bloom/Sanchez Realty, Inc. | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 8/13/2026 3:02 AM. 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.

Explore South Deering

Pleasantly wedged between the Calumet River and Lake Calumet, South Deering is a culturally diverse Chicago neighborhood that features cozy residential homes as well as an important center for industrial development. Single-family houses dominate the South Deering blocks with characteristic brick bungalows, spacious two-story abodes, mid-century ranches, and standard split-levels. Real estate prices in this part of Chicago are very affordable. However, as redevelopment takes hold here, some property values are expected to increase in the area. A smattering of quick bite eateries and a few local grocers are the bulk of South Deering commercial establishments and a handful of preschool and elementary schools cover the neighborhood's educational needs.

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