IL > Chicago
Chicago, IL 60620,8244-8248 S Ashland AVE
Chicago, IL 60620,8244-8248 S Ashland AVE
Chicago, IL 60620,8244-8248 S Ashland AVE
Chicago, IL 60620,8244-8248 S Ashland AVE
Chicago, IL 60620,8244-8248 S Ashland AVE
Chicago, IL 60620,8244-8248 S Ashland AVE
Legacy Properties
Legacy Properties

+1(224) 999-9100

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$ 1,110,000

$ 1,250,000 11.2%

Est. payment | /mo

17,890 SqFt

$ 1,110,000

$ 1,250,000 11.2%

Est. payment | /mo

17,890 SqFt

Key Details

Sold Price $1,110,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 17,890 sqft

Price per Sqft $62

MLS Listing ID 12273369

Sold Date 07/22/25

Year Built 1963

Annual Tax Amount $22,718

Tax Year 2023

Lot Dimensions 117X60

Property Sub-Type Mixed Use

Property Description

Turnkey Investment Opportunity - Fully Rented Mixed-Use Building at 8244-8248 S Ashland Ave! Step into the world of effortless income generation with this meticulously maintained mixed-use property in the heart of Chicago's bustling Auburn Gresham neighborhood. Perfectly situated with excellent visibility and foot traffic, this cash-generating gem is fully rented and ready for its next visionary owner. Features: 8 spacious 1-bedroom apartments and 4 comfortable 2-bedroom apartments, all fully occupied by long-term tenants. 3 commercial spaces, including a thriving dental practice, anchoring the building with steady, reliable income. Strategically located on high-traffic Ashland Ave, ensuring visibility and accessibility for businesses and residents alike. Owners are ready to pass the torch, presenting a rare opportunity for investors seeking a stable, income-producing asset. This property has it all: location, stability, and cash flow! Whether you're an experienced investor or just breaking into the market, this is a portfolio-worthy addition that delivers immediate returns. Don't miss out-schedule your showing today and secure your place in Chicago's growing real estate market

Location

State IL

County Cook

Area Chi - Auburn Gresham

Zoning COMMR

Interior

Cooling Window Unit(s)

Fireplace N

Exterior

Utilities Available Natural Gas Available, Sewer Connected

Building

Water Municipal Water

Level or Stories 3

Structure Type Brick

Midwest Real Estate Data (MRED) IDX
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by DeMarcus Hunter • Coldwell Banker Realty
Bought with Sergio Monjane • Coldwell Banker Realty
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+1(224) 999-9100

managingbroker@legacypropertiesil.com

2325 Dean St, Suite 900, St Charles, Illinois, 60175, USA

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8244-8248 S Ashland AVE