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  4. > 8547 - 8551 S Stony Island Avenue, Chicago, IL 60617
$350,000
7,650
square ft

8547 - 8551 S Stony Island Avenue
Chicago, Illinois 60617

Closed / MLS #11746771 / Commercial / Mixed Use / Avalon Park
Listing information updated 2/28/2024 at 1:23pm
16.7% CAP RATE!!!! FOR SALE - S. CHICAGO - EXCELLENT INCOME PRODUCING INVESTMENT PROPERTY - FULLY LEASED MIXED USE BUILDING - 5,555 SF office on the first floor and two - 2 bedroom/1 bath apartments upstairs! Convenient location with over 32,000 vehicles per day at your doorstep! A new 5 year lease on the office space, and quality tenants upstairs in the two apartments. Clean and well maintained building! Listed at a 16.7 cap rate. Call today to schedule a viewing! Financials available for qualified buyers upon request.
Built:
1952
Cooling System:
Central Air
Stories:
2
Roof:
Membrane
Current Use:
Commercial, Office
Potential Use:
Commercial, Office and Research
Zoning:
COMMR
# of Offices:
1
Building Square Feet:
7,650
Current Net Income:
$66,588
Tax Amount:
$4,392
Tax Year:
2021
Zip Code:
60617
City:
Chicago
County:
Cook

Listing Office: McColly Bennett Real Estate

Listing Office Phone: 815.929.9381

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 2/28/2024 at 1:23pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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 listings have been excluded from this website.

Metra

Metra
Metra Electric Main Branch line at Avalon Park Metra
$222,718
Average Sale Price
113
Average Days On The Market
96%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 8547 - 8551 S Stony Island Avenue, Chicago, IL 60617
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8547 - 8551 S Stony Island Avenue, Chicago, IL 60617 is a commercial / mixed use which sold for $350,000. This commercial / mixed use has been listed on @properties Christie's International Real Estate since March 28th, 2023 and was built in 1952. The nearest transit stops include Avalon Park Metra Metra Metra Electric Main Branch line.

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