Chicago, IL 60620 8507 S Ashland Avenue

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Presented By: Serene Realty, Inc.
  • MLS# 12169753
  • 09/20/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • SQFT • 2,700

Home Details

Discover the potential of this exceptional mixed-use building, perfect for launching your business! The first floor commercial space offers ample space ideal for various uses and was previously utilized as barbershop and hair salon. On the second floor residential level you have two units, each offering 2 spacious bedrooms and one full bath that provides an excellent opportunity for additional rental income. The property also features a convenient 1-5 car concrete pad in the rear for ample parking. Property has a new roof that is less than 5 years old. With a total of ~3,000 sq. ft., this versatile property is ready for your next great venture with a some TLC. Don't miss out on the chance to make it your own! Schedule your private showing today to view the potential this property has for your investment purposes!
Presented By: Serene Realty, Inc.

General for 8507 S Ashland Avenue

Additional Parcels Y/NNo
CityChicago
CoolingNone
CountyCook
Current UseCommercial
Days on Market6
DirectionsFrom downtown Chicago: Head southwest on I-90/I-94 W (Dan Ryan Expressway). Take exit 58B for 87th Street. Turn left (east) onto W 87th Street. Turn right (south) onto S Ashland Ave. Continue south o
ElectricCircuit Breakers
Electric Expense700
Fuel Expense1720
Gross Income37680
Insurance Expense792
Lot Size Square Feet3000
MLS AreaCHI - Auburn Gresham
NumberOfUnitsTotal4
PossessionNegotiable
Possible UseCommercial, Retail
Property SubTypeApts/Ofc/Store, Apts/Ofc, Apts/Stores
Property TypeCommercial Sale
Property TypeMixed Use
RoofRubber
Standard StatusActive
StatusActive
Stories2
Tax Annual Amount2719.35
Tax Year2023
Tenant PaysElectricity
TownshipLake
Trash Expense110
Water Sewer Expense335
Year Built1959
ZoningCOMMR

Exterior for 8507 S Ashland Avenue

Building Area Total2700
ExteriorBrick
Lot Dimensions.062

Additional Details

Price History

Worth Clark

Price $200,000
MLS#12169753
List Date 09/20/2024
Property Type Commercial
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