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8551 S Ashland Ave

Chicago IL 60620

4
3
4
Multi-Family
Currently for sale - view listing

Overview

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!

Features

4 bedrooms
3 bathrooms
4 carspaces
Multi-Family

Property history for 8551 S Ashland Ave

2021
Sold
$85,000
18 Nov 2021 by Kimberly Brown, of Baird & Warner
2019
Sold
$45,000
06 Jun 2019 by Cheryl Chalmers, of Charles Rutenberg Realty

Happy sellers in Chicago

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We have insufficient information to provide an overview of customer satisfaction for Chicago. Viewing the agent profiles, reviews and sales for Chicago can provide insights for this location.

Local market activity for 4 bedroom multi families in Chicago

In the last 12 months, 12 four-bedroom multi families similar to 8551 S Ashland Ave, have been sold.

This represents a 54% increase in four-bedroom multi families sales when compared to the previous 12 months.

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