8847 Ogden Avenue
$514,900
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Description
Prime Commercial/Residential Property on Historic Route 66 Built in 1920, this meticulously maintained corner Brick building on historic Route 66 offers a total of 4,664 sq. ft. of Commercial and Residential space. The property includes four Bedrooms, 2 1/2 Baths, and a range of updated features. The ground floor houses a 1,250 sq. ft. hair salon, fully remodeled in 2015, with New Flooring, Lighting, HVAC, and Electrical. The salon is currently leased, with the tenant interested in renewing their...Prime Commercial/Residential Property on Historic Route 66 Built in 1920, this meticulously maintained corner Brick building on historic Route 66 offers a total of 4,664 sq. ft. of Commercial and Residential space. The property includes four Bedrooms, 2 1/2 Baths, and a range of updated features. The ground floor houses a 1,250 sq. ft. hair salon, fully remodeled in 2015, with New Flooring, Lighting, HVAC, and Electrical. The salon is currently leased, with the tenant interested in renewing their lease upon its expiration in April 2025. The residential space includes a two-Bedroom apartment is currently occupied by owner and featuring a Living Room, Dining Doom, Kitchen with oak Cabinets, laminate Countertops, and an island for eating space, along with a full Bath and Laundry Room. There is also a vacant Studio apartment that can be rented out for additional rental income, with a Kitchenette and a three-quarter Bath. The property's back portion includes an unfinished 630 sq. ft.(45'x14') above the garage accessible from enclosed rear porch, providing potential for additional living space. An attached heated six-car garage with 220 electrical service was previously rented for by an antique car collector, offering further income potential. The building has been well-maintained, with New Windows replaced two years ago, storefront windows upgraded in 2023, and tuckpointing completed two years ago. There is also a large full unfinished Basement that is currently being used for storage. This property is ideal for both investors and business owners. The combination of a prime location, stable rental income, and opportunities for expansion makes it a rare find. With the owners retiring and considering relocation out of state, this is the perfect time to take advantage of this unique offering.
- Listed by Giovanni Arenella • Century 21 Circle
Property Details for 8847 Ogden Avenue
Area
Brookfield
TownshipLyons
Num of Interior Fireplaces0
ZoningMULTI
LISTING UPDATED: 11/05/2024 01:52 PM
Property Details for 8847 Ogden Avenue
Status | Active |
---|---|
MLS # | 12185618 |
Days on Market | 19 |
Taxes | $10,626 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Commercial Sale |
Year Built | 1920 |
Lot Size | 0.11 AC / 4,664 SF |
County | Cook County |
Building Information for 8847 Ogden Avenue
Stories2Residences3Year Built1920Lot Size0.11 AC / 4,664 SF
Property Information for 8847 Ogden Avenue
Property History for 8847 Ogden 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 8847 Ogden Avenue
Taxable ValueLand$2,915Additions$25,960Total$28,875
Tax Record2022$9,163 ($764 / month)
Home Facts
Baths1.5Total Finished SqFt4,482 SqFtAbove Grade Finished SqFt4,482 SqFtStories2Lot Size4,664 SqFtStyleMulti-Family Res (5+ Units)Year Built1920CountyCOOKAPN18-03-221-010
Schools near 8847 Ogden Avenue
This home is within Lyons School District 103.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Private - | PK to 8 |
Rating | School | Distance |
---|---|---|
Lincoln Elementary School PublicPK to 5 | ||
George Washington Middle School Public6 to 8 | ||
Lyons Twp High School Public9 to 12 | ||
St Barbara School PrivatePK to 8 |
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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