1471 E 67th Street Chicago, IL 60637
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.
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Listing Office: Keller Williams ONEChicago
Listing Office Phone: 312-216-2422
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Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. 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.
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