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7359 South Western AvenueChicago, IL 60636Price: $279,900

  • Price: $279,900
  • 60 Days on Market
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Federal 30-year interest rate: 6.49% last updated on Jun 25, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $279,900List Price
  • 1921Year Built
  • 3,490Square Feet

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Solid mixed-use opportunity in the heart of Chicago Lawn featuring a 2-story brick building with strong income potential and excellent exposure along busy South Western Avenue with high traffic counts. The main level offers a cash-flowing commercial space currently operating as a barber/salon, featuring an open layout, 1 bath, and access to the backyard-ideal for a growing business or continued tenant use. A full unfinished basement provides additional storage and operational flexibility. Upstairs, you'll find a spacious 3-bedroom, 2-bath residential unit, perfect for owner-occupancy or additional rental income. The residential unit benefits from CHA-backed income, offering consistent and reliable cash flow. The property also includes a large backyard and 2-car brick garage, adding convenience, tenant appeal, and overall value. Perfect for investors seeking stable returns or entrepreneurs looking to operate their business while building equity, this property offers flexible use-live upstairs and run your business below, or lease both units for maximum income. Located in a high-visibility corridor with strong neighborhood demand, this is a hybrid investment opportunity combining commercial income with residential stability.

Property Details of 7359 South Western Avenue

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Listed by Cierra Thurman of Keller Williams ONEChicago

Based on information submitted to MRED  as of June 28, 2026 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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