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8507 S Ashland Avenue

Chicago, IL 60620
  • $200,000
  • STATUS: Active
  • ON SITE: 143 Days
  • MLS #: 12169753
UPDATED: 33 min ago
$200,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1959
County:
Area:

School Ratings & Info

Description

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!

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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 2025-02-11T15:08:31.517 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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8507 S Ashland Avenue Chicago, IL 60620

  • Price: $200,000
  • Status: Active
  • On Site: 143 Days
  • Updated: 33 min ago
  • MLS #: 12169753
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1959
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
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!
Exterior Features

Exterior Building Type Brick Outdoor Parking 1-5 Spaces Roof Rubber Roof Structure Flat

Interior Features

Cooling None Heat Ventilation Radiators Miscellaneous Inside Private Restroom/sPublic Restroom/s Number Of Ranges 2

Property Features

Additional Parcels YN No Approximate Age Older Building Area Total 2700 Built Before1978 YN Yes Current Use Commercial Electric Circuit Breakers Fire Protection Fire Extinguisher/s Geographic Locale Chicago SouthChicago Southwest Gross Income 37680 Gross Scheduled Income 37680 Insurance Expense 792 Location In City Limits Mls Actual Status Active Number Of Tenants 1 Possible Use CommercialRetail Property Sub Type Apts/Ofc/StoreApts/OfcApts/Stores Rental Price 15 Tax Annual Amount 2719.35 Tax Year 2023 Tenant Pays Electricity Total Monthly Income 640 Township Lake Type Mixed Use Zoning COMMR

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of Serene Realty, Inc.: 312-650-7940.


© 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 2025-02-11T15:08:31.517 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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