Chicago, IL 60617 8804 S Commercial Avenue

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Presented By: Coldwell Banker Realty
  • MLS# 12122378
  • 09/27/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • SQFT • 15,500

Home Details

Beautiful Two-story rock solid brick mixed use building with newer thermal pane windows, roof/skylight, rolling retail shutters in front and electric gate in back. Both main ground floor and 1st floor are set up are open space. Each floor is approx. 6,250 sq/ft. There is also a full basement for additional usage or storage. The space is currently a blank canvas. Includes unused freight elevator at rear. Located in South Chicago's Commercial Ave., which from 83rd to 87th boasts flourishing mom and pop stores, and various ethnic cuisines. 87th to 95th are home to a growing number of corporations, businesses, non-profits and banks. Located in Special Business Area 5 and eligible for interior buildout grants, front facade and security grants. This building has many potentials uses from a thriving retail business or restaurant business on the main ground floor to an Art gallery on the 1st floor. Under additional Information you will find blueprints to build out the space for 25 incubator work booths, a dining area and two prep kitchens. (one of many potential uses for this building) The new Quantum computing and Microelectronics Park project has just been announced and stands to transform the U.S. Steel South Works property and the overall area into a hive of activity - see Crain's news articles in additional information. The Quantum site is 5 mins from this building. The 87th street South Chicago Metra line is only a 5 mins walk away from the building and runs to downtown Chicago. This huge building offers a great opportunity at a really really affordable price.
Presented By: Coldwell Banker Realty

Interior Features for 8804 S Commercial Avenue

Other Interior Features

FlooringWood

General for 8804 S Commercial Avenue

Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick, Concrete
CoolingNone
CountyCook
Current UseCommercial, Other
Days on Market1
Directions2nd building to the south of, Southeast corner of E 88th St & S Commercial Ave.
ElectricNone
Electric Expense
Fuel Expense
Gross Income
Insurance Expense
Leasable Area15500
Lease TypeModified Gross
Lot Size Square Feet6950
MLS AreaCHI - South Chicago
Net Operating Income
NumberOfUnitsTotal2
Operating Expense0
PossessionClosing, Negotiable
Property SubTypeAutomotive, Free Standing Store, Neighborhood Storefront, Other, Restaurant
Property TypeCommercial Sale
Property TypeRetail/Stores
RoofMembrane
Standard StatusActive
StatusNew
Stories2
Tax Annual Amount5561
Tax Year2023
Tenant PaysAir Conditioning, Common Area Maintenance, Electricity, Heat, Sewer
Total Actual Rent2500
TownshipHyde Park
Trash Expense0
UtilitiesElectric to Site
Water Sewer Expense0
Year Built1907
ZoningOTHER

Exterior for 8804 S Commercial Avenue

Building Area Total15500
ExteriorBrick
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street, Public Road
Lot Dimensions50 X 139

Additional Details

Price History

Worth Clark

Price $225,000
MLS#12122378
List Date 09/27/2024
Property Type Commercial
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