Chicago, IL 60620 8509 S Ashland Avenue
$260,000



5 more






Presented By: @properties Christie's International Real Estate
Home Details
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
Presented By: @properties Christie's International Real Estate
Interior Features for 8509 S Ashland Avenue
Other Interior Features
FlooringWood
General for 8509 S Ashland Avenue
Additional Parcels Y/NNo
CityChicago
ContingencyAttorney/Inspection
CoolingNone
CountyCook
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 Expense150
Fuel Expense300
Gross Income
Insurance Expense900
Lot Size Square Feet2700
MLS AreaCHI - Auburn Gresham
Number Of Units Total2
PossessionClosing
Property TypeCommercial Sale
Property TypeMixed Use
Standard StatusActive Under Contract
StatusContingent
Stories2
Tax Annual Amount2963
Tax Year2023
Tenant PaysOther
Trash Expense150
Water Sewer Expense200
Year Built1924
ZoningCOMMR
Exterior for 8509 S Ashland Avenue
Building Area Total3100
Lot Dimensions25X125
Additional Details
Price History
