8244-8248 S Ashland AVE Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60620
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 17,890 sqft
Price per Sqft $69
MLS Listing ID 12273369
Year Built 1963
Annual Tax Amount $22,718
Tax Year 2023
Property Sub-Type Mixed Use
Property Description
Turnkey Investment Opportunity - Fully Rented Mixed-Use Building at 8244-8248 S Ashland Ave! Step into the world of effortless income generation with this meticulously maintained mixed-use property in the heart of Chicago's bustling Auburn Gresham neighborhood. Perfectly situated with excellent visibility and foot traffic, this cash-generating gem is fully rented and ready for its next visionary owner. Features: 8 spacious 1-bedroom apartments and 4 comfortable 2-bedroom apartments, all fully occupied by long-term tenants. 3 commercial spaces, including a thriving dental practice, anchoring the building with steady, reliable income. Strategically located on high-traffic Ashland Ave, ensuring visibility and accessibility for businesses and residents alike. Owners are ready to pass the torch, presenting a rare opportunity for investors seeking a stable, income-producing asset. This property has it all: location, stability, and cash flow! Whether you're an experienced investor or just breaking into the market, this is a portfolio-worthy addition that delivers immediate returns. Don't miss out-schedule your showing today and secure your place in Chicago's growing real estate market
Location
State IL
County Cook
Area Chi - Auburn Gresham
Zoning COMMR
Interior
Cooling Window Unit(s)
Exterior
Utilities Available Electricity Available,Natural Gas Available,Sewer Connected
Building
Dwelling Type Mixed Use
Water Municipal Water
Structure Type Brick