8509 S Ashland Avenue
Chicago, IL, 60620
$260,000
Beds
0 Baths
3,100 SqFt
0 Acres
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$260,000
8509 S Ashland Avenue
Chicago, IL, 60620
MLS #MRD12146913 img 0
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

Property Details

Price:
$260,000
MLS #:
MRD12146913
Status:
Active
Beds:
0
Baths:
0
Address:
8509 S Ashland Avenue
Type:
Commercial
Subtype:
Apts/Ofc/Store,Apts/Ofc,Apts/Stores
Neighborhood:
CHI – Auburn Gresham
City:
Chicago
Listed Date:
Aug 24, 2024
State:
IL
Finished Sq Ft:
3,100
Total Sq Ft:
3,100
ZIP:
60620
Year Built:
1924

Schools

Interior

Cooling
None
Flooring
Wood

Exterior

Financial

Tax Year
2023
Taxes
$2,963
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Debra Dobbs

Debra Dobbs

Realtor®

Phone 312 307-4909

Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.

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Courtesy of @properties Christie’s International Real Estate. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Chicago, IL. Detailed information about real estate listings held by brokerage firms other than Compass / The Debra Dobbs Group include the name of the listing broker. Neither the listing company nor Compass / The Debra Dobbs Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. Chicago, IL. All rights reserved.
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8509 S Ashland Avenue
Chicago, IL