Chicago, IL 60620,8551 S Ashland AVE
Chicago, IL 60620,8551 S Ashland AVE
Chicago, IL 60620,8551 S Ashland AVE
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$89,900
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4 Beds
3 Baths
New

8551 S Ashland AVE Chicago, IL 60620

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Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12412546

Bedrooms 4

Year Built 1931

Annual Tax Amount $3,194

Tax Year 2022

Lot Dimensions 2,700

Property Sub-Type Two to Four Units

Property Description

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!

Location

State IL

County Cook

Area Chi - Auburn Gresham

Rooms

Basement Unfinished, Full

Interior

Heating Natural Gas

Fireplace N

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition REO/Lender Owned


Midwest Real Estate Data (MRED) IDX
Listed by Ryan Smith • RE/MAX Premier

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agent

Ryan Ivemeyer

Broker | License ID: 471.021972

+1(815) 342-6942

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8551 S Ashland AVE