$ 275,000
8509 S Ashland Avenue Chicago, IL 60620
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$ 275,000
Est. payment | /mo
3,100 SqFt
$ 275,000
Est. payment | /mo
3,100 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,100 sqft
Price per Sqft $88
MLS Listing ID 12146913
Year Built 1924
Annual Tax Amount $2,963
Tax Year 2023
Lot Dimensions 25X125
Property Description
Discover the potential of this exceptional mixed-use building, perfect for launching your business! The first floor offers ample space ideal for various uses and was previously utilized as a chiropractic practice. Upstairs, a spacious 3-bedroom apartment provides an excellent opportunity for additional rental income. The property also features a convenient two-car brick garage and new concrete in the rear. Recent updates include new plumbing, electrical systems, and a hot water tank. With a total of 3,100 sq. ft., this versatile property is ready for your next great venture. Don't miss out on the chance to make it your own! Rental income estimate: * Commercial: $3,375/month * Residential: $1,500/month * Total Monthly Rent: $3,375 + $1,500 = $4,875 * Total Annual Rent: $4,875 * 12 = $58,500
Location
State IL
County Cook
Zoning COMMR
Interior
Cooling None
Flooring Wood
Fireplace N
Exterior
View Y/N true
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Destiny Murray • @properties Christie's International Real Estate
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "