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8714 S Commercial Ave
Chicago, IL 60617 South Chicago

$1,008 USD/MO

Apartments For Lease • 1,100 SF

Property Details

Property Type Apartments
Year Built 2008
Total Building Size 5,349 SF
Building Class C
Zoning B1-2

70 Transit Score

70 Walk Score

1 Space Available

Name

Space Use

Size

Rent

Details

1st Floor Ste

Retail

1,100 SF

$11.00 USD/SF/YR

For Lease | 8714 S. Commercial Ave, Chicago, IL 60617

A 1,100 SF street-level retail storefront is now available for lease at 8714 S. Commercial Ave in Chicago’s South Chicago / 60617 trade area. Offered at $11.00 PSF Net with $1.55 PSF CAM & Expenses, this move-in-ready space presents an excellent opportunity for neighborhood retail, service-oriented users, office, or other community-serving businesses seeking an affordable presence with strong local accessibility.

Positioned within a mixed-use building featuring residential units above, the storefront benefits from built-in proximity to local residents and surrounding neighborhood activity. The space is well suited for a variety of uses looking to establish immediate occupancy in a practical, visible location. Its ready-to-occupy condition allows a tenant to begin planning operations and buildout with minimal delay.

With a total occupancy cost of $12.55 PSF, the estimated annual rent is $13,805, plus approximately $1,705 in CAM & Expenses, for a total annual occupancy cost of approximately $15,510, before utilities and any tenant-specific improvements. On a monthly basis, this equates to approximately $1,292.50 per month.

Date available: Now
Lease term: Negotiable
Service type: Modified Gross
Space Type: Relet

Description

8714 S. Commercial Avenue is a mixed-use retail and residential property located in Chicago’s South Chicago submarket (60617). The asset consists of a street-level retail storefront and multiple residential units above, offering a combination of neighborhood-serving commercial space and workforce housing. The property presents a value-add opportunity with immediate income potential through leasing of existing ready units, while additional upside can be realized through completion of unfinished residential spaces. Positioned along a local commercial corridor, the property benefits from visibility and accessibility within an established neighborhood setting.

                
                    Highlights
                
                                Located within Chicago’s South Chicago neighborhood, the property is positioned along an established commercial corridor with residential density.
                            
                                The property is a mixed-use asset featuring one street-level retail storefront and five residential units.
                            
                                Approximately 1,100 SF of street-level retail space is available and positioned for neighborhood retail or service-oriented users.
                            
                                The retail storefront is move-in ready, supporting near-term occupancy and income generation.

Public Transportation

Commuter Rail	Drive	Walk	Distance
87th Street Station (Metra Electric Line - Northeast Illinois Regional Commuter Railroad (Metra))	1 min	5 min	0.2 mi
83rd Street Station (Metra Electric Line - Northeast Illinois Regional Commuter Railroad (Metra))	1 min	11 min	0.6 mi
Transit/Subway	Drive	Walk	Distance
87th Street Station (Metra Electric Line - Northeast Illinois Regional Commuter Railroad (Metra))	1 min	5 min	0.2 mi
83rd Street Station (Metra Electric Line - Northeast Illinois Regional Commuter Railroad (Metra))	1 min	12 min	0.6 mi
South Chicago (93rd Street) Station (Metra Electric Line - Northeast Illinois Regional Commuter Railroad (Metra))	2 min	16 min	0.8 mi
Airport	Drive	Walk	Distance
Chicago Midway International	31 min	-	13.1 mi
Chicago O'Hare International	70 min	-	33.7 mi

Tony Hardy Midwest Investment Advisors

8714 S Commercial Ave Chicago, IL 60617 South Chicago