Active
8509 S Ashland Avenue, Chicago, IL 60620
8509 S Ashland Avenue, Chicago, IL 60620
  • $275,000

Overview

Property ID: 12146913
  • Commercial Sale
  • Property Type
  • 3100
  • 1924
  • Year Built

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

  • Address 8509 S Ashland Avenue
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60620
  • Area CHI - Auburn Gresham

Details

Updated on September 30, 2024 at 6:49 pm
  • Property ID: 12146913
  • Price: $275,000
  • Property Size: 3100
  • Garage Size: x x
  • Year Built: 1924
  • Property Type: Commercial Sale
  • Property Status: Active

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