Price Reduced Listing
$260,000
( $83.87Per Sq Foot )
 $1,396 est/mo Sourced by Back At You

8509 S Ashland Avenue , Chicago, IL 60620

Chicago, IL 60620

Share with a friend

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

Details

MLS#12146913
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year1924
Days On Site175
Listing Provided By@properties Christie's International Real Estate | Destiny Murray

Features

SQ Feet3,100
Story(s)2
Units2
ZoningCOMMR

Market Activity 60620

The information is being provided by MRED. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 MRED. All Rights Reserved.

Request a showing

Request a showing

Loading Form
Listings Checked: 35 seconds ago

Contact

Learn More About This Property

StateIL
CountyCook
CityChicago
Zip Code60620
AreaCHI Auburn Gresham
Listing VS Median (in 60620)
Price:
$260,000
low | high
Med:
$215,000
67.307692307692% of Average
SqFt:
3,100
low | high
Med:
1,267
100% of Average
$ / SqFt:
$84
low | high
Med:
$170
52.325299010382% of Average
On Site:
175
low | high
Med:
37.000000
100% of Average
Sourced by Back At You
Listing Updated: February 14, 2025 at 7:54:45 PM PST