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    1 home
      1 result available
      6485 S Stony Island Avenue, Chicago, IL 60637
      NEW 4 days ago
      6485 S Stony Island Avenue, Chicago, IL 60637
      $2,500,000
      12,500sqft
      acres
      Commercial Mixed-use for Sale

      6485 S Stony Island Avenue, Chicago, IL 60637

      Listing by: Infiniti Properties, Inc.
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      © 2025 Mainstreet REALTORS® All Rights Reserved.
      Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
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      6485 S Stony Island Avenue, Chicago, IL 60637
      6485 S Stony Island Avenue, Chicago, IL 60637
      6485 S Stony Island Avenue, Chicago, IL 60637
      6485 S Stony Island Avenue, Chicago, IL 60637
      6485 S Stony Island Avenue, Chicago, IL 60637
      6485 S Stony Island Avenue, Chicago, IL 60637
      6485 S Stony Island Avenue, Chicago, IL 60637
      6485 S Stony Island Avenue, Chicago, IL 60637
      6485 S Stony Island Avenue, Chicago, IL 60637
      6485 S Stony Island Avenue, Chicago, IL 60637
      6485 S Stony Island Avenue, Chicago, IL 60637
      6485 S Stony Island Avenue, Chicago, IL 60637
      6485 S Stony Island Avenue, Chicago, IL 60637
      6485 S Stony Island Avenue, Chicago, IL 60637
      6485 S Stony Island Avenue, Chicago, IL 60637
      6485 S Stony Island Avenue, Chicago, IL 60637
      6485 S Stony Island Avenue, Chicago, IL 60637
      6485 S Stony Island Avenue, Chicago, IL 60637
      6485 S Stony Island Avenue, Chicago, IL 60637
      6485 S Stony Island Avenue, Chicago, IL 60637
      6485 S Stony Island Avenue, Chicago, IL 60637
      6485 S Stony Island Avenue, Chicago, IL 60637
      6485 S Stony Island Avenue, Chicago, IL 60637
      6485 S Stony Island Avenue, Chicago, IL 60637
      6485 S Stony Island Avenue, Chicago, IL 60637
      6485 S Stony Island Avenue, Chicago, IL 60637
      6485 S Stony Island Avenue, Chicago, IL 60637
      6485 S Stony Island Avenue, Chicago, IL 60637
      6485 S Stony Island Avenue, Chicago, IL 60637
      6485 S Stony Island Avenue, Chicago, IL 60637
      NEW 4 days ago
      $2,500,000
      12,500sqft
      acres

      6485 S Stony Island Avenue, Chicago, IL 60637

      Commercial Mixed-use for Sale by DeShaun MatthewsInfiniti Properties, Inc..

      Data checked -. Listing last updated 4 days ago.
      1. Overview
      2. Details
      3. More 

      Rarely available 25-unit apartment building with 5 ground-floor retail storefronts located in the heart of Chicago's Woodlawn neighborhood-directly across from Jackson Park and just steps from the Obama Presidential Library. This mixed-use property is currently underperforming due to prolonged poor management and vacant commercial spaces, but it offers a clear path to stabilization and strong long-term cash flow. Currently, 60percent of the residential units are occupied, and many of the tenants have expressed willingness to remain, providing an immediate base of income for the next owner. Pro Forma NOI: $324,000 Asking Price: $2,500,000 Projected Cap Rate: ~12.96 Location Highlights: Directly across from Jackson Park, Around the corner from the Obama Presidential Center, Adjacent to Mount Carmel High School, Short walk to Lake Michigan and the lakefront trail. This is a rare investment opportunity in one of Chicago's most dynamic and rapidly appreciating neighborhoods. Ideal for value-add investors seeking to reposition a well-located asset and capitalize on significant upside potential in a high-growth corridor.

      Internet Serviceability
      Details
        Property type
      Commercial Sale
        Year built
      1925
        Heating
      -
        Cooling
      Central Air
        Garage
      No
        Parking spots
      -
      MRD12358845
      MLS ID
      Active
      Status
      05-07-2025
      On market date
        Pets allowed
      Lot features
      Monthly taxes
      -
      Yearly taxes
      -
      Schools
      -
      Maintenance
      -
      Additional Fees
      -
      Open Houses
      In-Person
      No upcoming in-person open houses
      Virtual
      No upcoming virtual open houses
      Contact Agent
      DeShaun Matthews
      DeShaun Matthews
      Direct 
       
      Location
      Head N on Stony Island Ave to 65th and Stony Island. The building is on W on Street.
      For Sale Nearby
      No nearby homes are For Sale Nearby.
      Recently Sold
      No nearby homes have been Recently Sold.
      6485 S Stony Island Avenue, Chicago, IL 60637, is a 12500 sqft. Mixed Use built in 1925. This property is currently available for sale and was listed on Mainstreet REALTORS® on 5-7-2025. The MLS# for this Mixed Use is MLS# MRD12358845.
      Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
      Copyright ©2025 Mainstreet REALTORS®