Chicago, IL 60620 8941 S Western Avenue

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Presented By: Z.A.S. Consulting, Inc.
  • MLS# 12023077
  • 04/07/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.

Home Details

"As-Is Sale" This is a opportunity to own a unique commercial property. This versatile office style building, situated in a prime location, which offers a remarkable opportunity for savvy investors or business owners. Positioned on Western Avenue, this property benefits from high visibility and accessibility, thanks to its proximity to major retail outlets like Menards and Walmart. This strategic location not only guarantees a steady flow of potential clients but also provides excellent convenience and exposure. With the property dual-side layout, the property caters to a diverse range of business needs-from office spaces to specialized services like barber shops or dental practices. The 8941 side boasts a waiting and reception area, four offices, and two bathrooms while the 8943 side features a spacious main area, four individual offices, and a bathroom. Both sections share a convenient kitchen and a compact file room, making it ideal for various ventures. Due to recent water damage caused by burst pipes, the property requires a comprehensive gutting and rehabilitation. This presents a unique chance for investors to remodel and customize the space. Prior to the water damage, the roof was completely redone in 2021, AC (2021), and the furnace has been enhanced with a new control board. This property represents a blend of opportunities-ideal for those looking to invest in a space with potential for high returns through refurbishment and strategic location. Whether you're aiming to establish your own business or lease spaces to others, this commercial building offers the flexibility and potential to realize your vision. It is incumbent upon the buyer to conduct their own comprehensive due diligence regarding the property.
Presented By: Z.A.S. Consulting, Inc.

Interior Features for 8941 S Western Avenue

Other Interior Features

Street SuffixAvenue

General for 8941 S Western Avenue

Additional Parcels Y/NYes
CityChicago
Construction MaterialsBrick
ContingencyAttorney/Inspection
CoolingCentral Air
CountyCook
Current UseOffice, Other
Days on Market179
Directions95th Street to Western, north to property. Parking in rear.
ElectricCircuit Breakers
Gross Income
Leasable Area
Lease TypeN/A
Lot Size Square Feet3570
MLS AreaCHI - Beverly
Net Operating Income
NumberOfUnitsTotal8
Operating Expense0
PossessionClosing
Possible UseOffice and Research
Property SubTypeMedical, Office, Other
Property TypeCommercial Sale
Property TypeOffice/Tech
Standard StatusActive Under Contract
StatusContingent
Stories1
Tax Annual Amount12952.1
Tax Year2022
Tenant PaysInsurance
TownshipLake
Year Built1956
ZoningCOMMR

Exterior for 8941 S Western Avenue

Building Area Total
ExteriorBrick
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street
Lot Dimensions61 X 121

Additional Details

Price History

Worth Clark

Price $269,999
MLS#12023077
List Date 04/07/2024
Property Type Contingent
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