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$265,000
Brochure
3,100
square ft

8509 S Ashland Avenue
Chicago, Illinois 60620

Closed / MLS #12146913 / Commercial / Mixed Use / Auburn Gresham
Listing information updated 6/1/2025 at 3:43pm
Discover the potential of this exceptional mixed-use building, perfect for launching your business! The first floor offers ample space ideal for various uses and was previously utilized as a chiropractic practice. Upstairs, a spacious 3-bedroom apartment provides an excellent opportunity for additional rental income. The property also features a convenient two-car brick garage and new concrete in the rear. Recent updates include new plumbing, electrical systems, and a hot water tank. With a total of 3,100 sq. ft., this versatile property is ready for your next great venture. Don't miss out on the chance to make it your own! Rental income estimate: * Commercial: $3,375/month * Residential: $1,500/month * Total Monthly Rent: $3,375 + $1,500 = $4,875 * Total Annual Rent: $4,875 * 12 = $58,500
Built:
1924
Cooling System:
None
Stories:
2
Zoning:
COMMR
# of Offices:
1
Building Square Feet:
3,100
Tax Amount:
$2,963
Tax Year:
2023
Zip Code:
60620
City:
Chicago
County:
Cook

Listing Office: @PROPERTIES

Listing Office Phone: 312.682.8500

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 6/1/2025 at 3:43pm. 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
Rock Island District line at Brainerd Metra
$227,825
Average Sale Price
80
Average Days On The Market
97%
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 8509 S Ashland Avenue, Chicago, IL 60620
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8509 S Ashland Avenue, Chicago, IL 60620 is a commercial / mixed use which sold for $265,000. This commercial / mixed use has been listed on @properties Christie's International Real Estate since August 24th, 2024 and was built in 1924. The nearest transit stops include Brainerd Metra Metra Rock Island District line.

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