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8551 S Ashland Avenue
8551 S Ashland Avenue
8551 S Ashland Avenue
8551 S Ashland Avenue
8551 S Ashland Avenue
8551 S Ashland Avenue
8551 S Ashland Avenue
8551 S Ashland Avenue
8551 S Ashland Avenue
8551 S Ashland Avenue
8551 S Ashland Avenue
8551 S Ashland Avenue
8551 S Ashland Avenue
8551 S Ashland Avenue
8551 S Ashland Avenue
8551 S Ashland Avenue
8551 S Ashland Avenue
8551 S Ashland Avenue
8551 S Ashland Avenue
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Bought with Jessica Goree with Coldwell Banker Realty and Listed by Ryan Smith with RE/MAX Premier 708-246-6300
$89,901

8551 S Ashland Avenue

4 Beds 3 Baths

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!

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Location

8551 S Ashland Avenue, Chicago, IL 60620

Status

Sold

Date Sold

October 1, 2026
Ryan Smith

Ryan Smith

TITLE

Director of REO | Investments

Property Amenities

Interior
Total Bedrooms: 4
Area & Lot
MLS® ID 12679791
Year Built 1931
School District 299
Type Multi-Family
Status Sold
Exterior
Heat type Natural Gas
Water Source Lake Michigan
Sewer Public Sewer
Parking Yes
Finance
Sales Price $89,901
Real Estate Tax $3,194 yearly

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