$175,000
8507 S Ashland Avenue
Chicago, IL, 60620
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!
Property Details
Price:
$175,000
MLS #:
MRD12452584
Status:
Active Under Contract
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
chiauburngresham
Listed Date:
Aug 21, 2025
Total Sq Ft:
2,700
Year Built:
1959
Schools
Interior
Cooling
None
Exterior
Construction Materials
Brick
Roof
Rubber
Financial
Tax Year
2023
Taxes
$2,719
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
Map
Current real estate data for Commercial in Chicago as of Sep 06, 2025
1,056
Commercial Listed
166
Avg DOM
155
Avg $ / SqFt
$1,043,158
Avg List Price
Community
- Address8507 S Ashland Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60620
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Property Summary
- 8507 S Ashland Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60620. It is listed for $175,000 To schedule a showing of MLS#mrd12452584 at 8507 S Ashland Avenue in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
8507 S Ashland Avenue
Chicago, IL
