8244-8248 S Ashland AVE Active Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60620
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
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
Lot Dimensions 117X60
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)
Fireplace N
Exterior
Utilities Available Electric to Site,Gas to Site,Sanitary Sewer,Water-Municipal
Building
Dwelling Type Mixed Use
Level or Stories 3
Structure Type Brick