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7820 - 7832 S Ashland Avenue

Chicago, IL 60620
  • $579,900
  • STATUS: Active
  • ON SITE: 269 Days
  • MLS #: 12060586
UPDATED: 72 min ago
$579,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1992
County:
Area:

School Ratings & Info

Description

IDEAL BUSINESS OPPORTUNITY FOR INVESTORS OR BUSINESS OWNER IN AUBURN GRESHAM. THE PROPERTY IS LOCATED ON BUSY ASHLAND AVE WITH PLENTY OF DAILY TRAFFIC. THIS COMMERCIAL PROPERTY ON A 29,000 SQUARE FOOT LOT HAS THREE BUSINESSES THAT ARE FULLY LEASED. SET UP AS A TURNKEY INVESTMENT BUT CAN BE PERFECT FOR AN OWNER OPERATOR. THE BUSINESSES ARE THE ESTABLISHED MECHANIC SHOP/AUTOMOTIVE CENTER, HAIR SALON, FAST FOOD RESTAURANT. THE MECHANIC SHOP FEATURES 5 MECHANIC BAYS, AN OFFICE, EMPLOYEE ROOM,STORAGE BACKROOM, AND A BATHROOM. THE SALON HAS A CUSTOMER WAITING AREA, A LOUNGE AREA WITH WASH STATION AND (4) PRIVATE ROOMS THAT HOLD (2) STATIONS EACH AND A BATHROOM. THE RESTAURANT IS SET UP AS TAKE OUT , TO GO FOOD RESTAURANT WITH COUNTER TOP SPACE FOR MINIMAL DINING. BIG KITCHEN HAS REAR STORAGE, WALK IN FREEZER, MANAGER OFFICE AND COOKING STATION FOR 3 PEOPLE, ALONG WITH SPACIOUS CUSTOMER SERVICE COUNTER. THIS COMMERCIAL PROPERTY OFFERS AN EXCEPTIONAL OPPORTUNITY FOR BUSINESS OWNERS AND INVESTORS. THIS MIXED USE COMMERCIAL SPACE IS IDEAL FOR A VARIETY OF BUSINESS VENTURES. EXTERIOR OF THE BUILDING HAS PLENTY OF PARKING FOR OVER 20 CARS. ENOUGH SPACE FOR CLIENTS. THE PROPERTY ALSO HAS A SECURITY GATE. PROPERTY PREVIOUSLY HAD A CARWASH AND CAN ALWAYS BE REPURPOSED. NEW 25K MARQUEE SIGN WITH LIGHTS. ALSO NEW BLACK TOP.

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© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Suburban Life Realty. Based on information submitted to the MRED as of 2025-02-16T20:59:14.607 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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7820 - 7832 S Ashland Avenue Chicago, IL 60620

  • Price: $579,900
  • Status: Active
  • On Site: 269 Days
  • Updated: 72 min ago
  • MLS #: 12060586
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1992
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
IDEAL BUSINESS OPPORTUNITY FOR INVESTORS OR BUSINESS OWNER IN AUBURN GRESHAM. THE PROPERTY IS LOCATED ON BUSY ASHLAND AVE WITH PLENTY OF DAILY TRAFFIC. THIS COMMERCIAL PROPERTY ON A 29,000 SQUARE FOOT LOT HAS THREE BUSINESSES THAT ARE FULLY LEASED. SET UP AS A TURNKEY INVESTMENT BUT CAN BE PERFECT FOR AN OWNER OPERATOR. THE BUSINESSES ARE THE ESTABLISHED MECHANIC SHOP/AUTOMOTIVE CENTER, HAIR SALON, FAST FOOD RESTAURANT. THE MECHANIC SHOP FEATURES 5 MECHANIC BAYS, AN OFFICE, EMPLOYEE ROOM,STORAGE BACKROOM, AND A BATHROOM. THE SALON HAS A CUSTOMER WAITING AREA, A LOUNGE AREA WITH WASH STATION AND (4) PRIVATE ROOMS THAT HOLD (2) STATIONS EACH AND A BATHROOM. THE RESTAURANT IS SET UP AS TAKE OUT , TO GO FOOD RESTAURANT WITH COUNTER TOP SPACE FOR MINIMAL DINING. BIG KITCHEN HAS REAR STORAGE, WALK IN FREEZER, MANAGER OFFICE AND COOKING STATION FOR 3 PEOPLE, ALONG WITH SPACIOUS CUSTOMER SERVICE COUNTER. THIS COMMERCIAL PROPERTY OFFERS AN EXCEPTIONAL OPPORTUNITY FOR BUSINESS OWNERS AND INVESTORS. THIS MIXED USE COMMERCIAL SPACE IS IDEAL FOR A VARIETY OF BUSINESS VENTURES. EXTERIOR OF THE BUILDING HAS PLENTY OF PARKING FOR OVER 20 CARS. ENOUGH SPACE FOR CLIENTS. THE PROPERTY ALSO HAS A SECURITY GATE. PROPERTY PREVIOUSLY HAD A CARWASH AND CAN ALWAYS BE REPURPOSED. NEW 25K MARQUEE SIGN WITH LIGHTS. ALSO NEW BLACK TOP.
Exterior Features

Exterior Building Type BrickBlock Foundation Details Concrete Perimeter

Interior Features

Cooling Partial Flooring ConcreteTile Heat Ventilation Ceiling Units Miscellaneous Inside Multi-Tenant Number Of TLDocks 5

Property Features

Additional Parcels YN Yes Building Area Total 2000 Electric Three Phase Fire Protection Other Gross Scheduled Income 55500 Insurance Expense 2700 Leasable Area 2000 Mls Actual Status Active Net Operating Income 52800 Number Of Tenants 3 Property Offered For Sale Only Property Sub Type AutomotiveOtherRestaurantShopping CenterStrip Center Tax Annual Amount 19741 Tax Year 2022 Tenant Pays Air ConditioningElectricityHeatSewer Total Monthly Income 4625 Type Retail/Stores Utilities Electric to SiteGas to SiteWater-Municipal Zoning MANUF

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of RE/MAX MI CASA: 773-767-1616.


© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Suburban Life Realty. Based on information submitted to the MRED as of 2025-02-16T20:59:14.607 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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