8509 S Ashland AVE Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60620
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 3,100 sqft
Price per Sqft $83
MLS Listing ID 12146913
Year Built 1924
Annual Tax Amount $2,963
Tax Year 2023
Lot Dimensions 25X125
Property Sub-Type Mixed Use
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
Area Chi - Auburn Gresham
Zoning COMMR
Interior
Cooling None
Flooring Wood
Fireplace N
Building
Dwelling Type Mixed Use
Level or Stories 2