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0 Beds
10,775 sqft

$1,045,000

7450 S Luella Avenue, Chicago IL, 60649

Price per sqft$96.98
Built in1930
Property size10,775 sqft
Property typeOther
Listed by Alen Redzic with Real Realty Inc 773-869-0500

Overview

Active

Re-activated

Listed Aug 24, 2026

Updated 39h ago

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.

$6,952/mo

Est. mortgage payment based on a $1,045,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
12741265

Interior Features

Bedrooms
0
Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.16 Acres

Other Property Details

Taxes
$18,665
Tax Frequency
Annually
MLS provider logo

Listed by Alen Redzic with Real Realty Inc 773-869-0500

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Premier Chicago Real Estate are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

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Data is refreshed every 3 hours. Listing last updated 4:02 AM UTC on 10/2/2026. 

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