About 7450 S Luella Avenue
Real Realty is pleased to present the exclusive offering of Leulla Heights, a mixed-use investment opportunity located along the busy 75th Street retail corridor and surrounded by a strong residential neighborhood near Luella Avenue. The property consists of 13 studio apartments and four commercial storefronts. Apartments are achieving premium rents of $1,000-$1,500 per month, while commercial spaces range from $700-$1,500 per month, depending on size. The property is supported by solid mechanicals, including a Smith cast-iron boiler installed in 2014 and two 73-gallon hot water tanks installed in 2023. This is a rare opportunity to acquire a true cash-flowing asset with value-add potential.
Features of 7450 S Luella Avenue
| MLS® # | 12741265 |
|---|---|
| Price | $1,045,000 |
| Bathrooms | 0.00 |
| Acres | 0.16 |
| Year Built | 1930 |
| Type | Commercial Sale |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 7450 S Luella Avenue |
|---|---|
| Area | CHI - South Shore |
| City | Chicago |
| County | Cook |
| State | IL |
| Zip Code | 60649 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Cooling | Wall Sleeve |
|---|---|
| Fireplace | No |
| Has Basement | No |
Exterior
| Exterior | Brick |
|---|---|
| Roof | Membrane |
| Foundation | Concrete Perimeter |
Additional Information
| Days on Market | 33 |
|---|---|
| Zoning | COMMR |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Real Realty Inc |
|---|