Chicago, IL 60620 8551 S Ashland Avenue

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Presented By: RE/MAX Premier
  • MLS# 12412546
  • 07/07/2025
  • Request Tour
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  • Beds • 4
  • Baths • 3

Home Details

Located on the historic Ashland Ave in sought after Auburn Gresham this mixed use building offers over 2500 sq feet and provides tremendous oppertunity for a buyer who is looking for office space while creating cash flow with the large apartment on the second floor. The building has had some major ticket items completed such as electric, roof, the main level has been framed out and can be the perfect office, shop with offsetting the income by the apartment on the second floor. The current layout has this as one large apartment but previous use has showed this as a having three apartments in the space. Reconfigure this to bring out the best space possible and create a passive investment while building equity!
Presented By: RE/MAX Premier

Interior Features for 8551 S Ashland Avenue

Bedrooms

Bedrooms Possible4
Total Bedrooms4

Bathrooms

Full Baths Building3
Half Baths Building
Total Baths3

Other Interior Features

BasementUnfinished, Full
Total Number of Units2

General for 8551 S Ashland Avenue

CityChicago
Construction MaterialsBrick
CountyCook
DirectionsTake Ashland Avenue North/South to the property address.
Elementary School District299
Gross Income
HeatingNatural Gas
High School District299
MLS AreaCHI - Auburn Gresham
Middle/Junior School District299
ModificationTimestamp2025-07-15T05:06:42.052Z
Net Operating Income
New ConstructionNo
OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount3194.21
Tax Year2022
Total Rooms8
TownshipLake View
Year Built1931

Exterior for 8551 S Ashland Avenue

Lot Dimensions2, 700
Parking FeaturesOn Site
Total Parking4
Water SourceLake Michigan
Waterfront Y/NNo

Additional Details

Price History

Client Care

Price $89,900
MLS#12412546
List Date 07/07/2025
Property Type Multi-Family
Phone 847.485.2500
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