$265,000
$260,000
1.9%For more information regarding the value of a property, please contact us for a free consultation.
8509 S Ashland AVE Chicago, IL 60620
3,100 SqFt
Key Details
Sold Price $265,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 3,100 sqft
Price per Sqft $85
MLS Listing ID 12146913
Sold Date 05/30/25
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
Level or Stories 2
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Alisha Harris • Alisha Harris