8551 S Ashland AVE new Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60620
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12412546
Bedrooms 4
Year Built 1931
Annual Tax Amount $3,194
Tax Year 2022
Lot Dimensions 2,700
Property Sub-Type Two to Four Units
Property Description
Located on the historic Ashland Ave in sought after Auburn Gresham this mixed use building offers over 2500 sq feet and provides tremendous oppertunity for a buyer who is looking for office space while creating cash flow with the large apartment on the second floor. The building has had some major ticket items completed such as electric, roof, the main level has been framed out and can be the perfect office, shop with offsetting the income by the apartment on the second floor. The current layout has this as one large apartment but previous use has showed this as a having three apartments in the space. Reconfigure this to bring out the best space possible and create a passive investment while building equity!
Location
State IL
County Cook
Area Chi - Auburn Gresham
Rooms
Basement Unfinished,Full
Interior
Heating Natural Gas
Fireplace N
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick
New Construction false
Schools
School District 299 ,299, 299
Others
Ownership Fee Simple
Special Listing Condition REO/Lender Owned