8244-8248 S Ashland Avenue , Chicago, IL 60620
Chicago, IL 60620
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
Details
| MLS# | 12273369 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1963 |
| Days On Site | 61 |
| Listing Provided By | Coldwell Banker Realty | DeMarcus Hunter |
Features
| SQ Feet | 17,890 |
|---|---|
| Story(s) | 3 |
| Units | 15 |
| Zoning | COMMR |
Market Activity 60620
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60620 |
| Area | CHI Auburn Gresham |
| Listing VS Median (In 60620) | |
Price: $1,250,000 low | high Med: $209,000 SqFt: 17,890 low | high Med: 1,914 $ / SqFt: $70 low | high Med: $109 On site: 61 low | high Med: 37.000000 | |