8509 South Ashland Avenue
$275,000
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Description
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...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
- Listed by Destiny Murray • @properties Christie's International Real Estate
Property Details for 8509 South Ashland Avenue
Area
CHI - Auburn Gresham
ZoningCOMMR
LISTING UPDATED: 09/30/2024 01:49 PM
Property Details for 8509 South Ashland Avenue
Status | Active |
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MLS # | 12146913 |
Days on Market | 182 |
Taxes | $2,963 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Commercial Sale |
Year Built | 1924 |
Lot Size | 0.06 AC / 2,700 SF |
County | Cook County |
Building Information for 8509 South Ashland Avenue
Stories2Residences2Year Built1924Lot Size0.06 AC / 2,700 SF
Property Information for 8509 South Ashland Avenue
Property History for 8509 South Ashland Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 8509 South Ashland Avenue
Taxable ValueLand$1,755Additions$10,245Total$12,000
Tax Record2022$2,901 ($242 / month)
Home Facts
Baths4.5Total Finished SqFt3,100 SqFtAbove Grade Finished SqFt3,100 SqFtStories2Lot Size2,700 SqFtStyleMulti-Family Res (5+ Units)Year Built1927CountyCOOKAPN20-32-315-004
Schools near 8509 South Ashland Avenue
This home is within Chicago Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Cuffe Math-Sci Tech Elementary Academy PublicPK to 8 | ||
Hirsch Metropolitan High School Public9 to 12 | ||
LEARN Chtr - Hunter Perkins Camp CharterK to 8 | ||
Bridgescape Academy Brainerd Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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