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8547 - 8551 S Stony Island Avenue

Chicago, IL 60617
  • $499,900
  • STATUS: Active
  • ON SITE: 71 Days
  • MLS #: 11746771
$499,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Chi - Avalon Park
Type:
Commercial
Built:
1952
County:
Cook
Area:
Chi - Avalon Park

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Description

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 13.3 cap rate. Call today to schedule a viewing! Financials available for qualified buyers upon request.

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© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Jasinski Home Team | Berkshire Hathaway HomeServices Chicago. Based on information submitted to the MRED as of 2023-06-07T23:58:44 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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 properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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8547 - 8551 S Stony Island Avenue Chicago, IL 60617

  • Price: $499,900
  • Status: Active
  • On Site: 71 Days
  • MLS #: 11746771
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1952
Built
Neighborhood:
Chi - Avalon Park
County:
Cook
Area:
Chi - Avalon Park
Property Description
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 13.3 cap rate. Call today to schedule a viewing! Financials available for qualified buyers upon request.
Exterior Features

Exterior Building Type Brick Foundation Details Concrete Perimeter Frontage Type City Street Outdoor Parking 6-12 Spaces Parking Total 11 Roof Membrane Roof Structure Flat

Interior Features

Cooling Central Air Heat Ventilation Central Heat/Indiv ControlsForced Air Miscellaneous Inside Private Restroom/SStorage Inside

Property Features

Additional Parcels YN Yes Approximate Age Older Building Area Total 7650 Built Before1978 YN Yes Current Use CommercialOffice Electric Circuit Breakers Fire Protection Alarm Monitored Geographic Locale Chicago South Gross Income 93060 Gross Scheduled Income 93060 Insurance Expense 6336 Location Public Transport Avail Mls Actual Status Active Net Operating Income 66588 Number Of Tenants 3 Operating Expense 26472 Ownership Types Limited Liability Corp Possible Use CommercialOffice And Research Property Sub Type Mixed Use Rental Price 0 Tax Annual Amount 4392 Tax Year 2021 Tenant Pays Air ConditioningElectricityHeatJanitorial ServiceSewerVaries By Tenant Total Monthly Income 7755 Township Hyde Park Type Mixed Use Zoning Commr

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of Mccolly Bennett Real Estate: 815-929-9381.


© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Jasinski Home Team | Berkshire Hathaway HomeServices Chicago. Based on information submitted to the MRED as of 2023-06-07T23:58:44 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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 properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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