About 8509 South Ashland Avenue
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
Features of 8509 South Ashland Avenue
| MLS® # | 12146913 |
|---|---|
| Price | $260,000 |
| Bathrooms | 0.00 |
| Acres | 0.00 |
| Year Built | 1924 |
| Type | Commercial Sale |
| Sub-Type | Mixed Use |
| Status | Contingent |
Community Information
| Address | 8509 South Ashland Avenue |
|---|---|
| Area | CHI - Auburn Gresham |
| City | Chicago |
| County | Cook |
| State | IL |
| Zip Code | 60620 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Cooling | None |
|---|---|
| Fireplace | No |
| Has Basement | No |
Additional Information
| Days on Market | 247 |
|---|---|
| Zoning | COMMR |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | @properties Christie's International Real Estate |
|---|