- For Sale $600,000
- Property Type Multi-Family
- Property Size 16,000 SF
- Units 22
- Lot Size 0.2 Acre
- Year Built 1926
- Date Updated Oct 31, 2026
Description
Greater Grand Crossing....AW Properties Global is pleased to present the opportunity to acquire a lender-owned, 22-unit mixed-use property located in Chicago’s Greater Grand Crossing neighborhood.
The four-story building, features a unit mix consisting of four (4) ground-floor retail spaces, fifteen (15) one-bedroom apartments, and three (3) two-bedroom apartments. The property is situated on an approximately 8,712-square-foot site and is equipped with a central boiler heating system.
The property is currently 100% vacant, presenting a compelling value-add and repositioning opportunity for investors seeking to renovate, stabilize, and maximize the asset’s income-producing potential. The property is situated within a federally designated Qualified Opportunity Zone, offering potential tax advantages to eligible investors.
This lender-owned property is being offered for sale in As-Is condition.
Highlights
- Desirable Greater Grand Crossing Market
- Unit Mix (4) Retail, (15) 1 Bedroom and (3) 2 Bedroom Units
- Value Add Opportunity
False
Contacts
Jeffrey Baasch
AW Properties Global
Location
Located at 7201 S Vincennes Ave, Chicago, IL 60621, this property is part of the Park Manor neighborhood and Chicago market.
Contact Listing Broker
Jeffrey Baasch
AW Properties Global