$200,000
( $50.00Per Sq Foot )
 $1,074 est/mo Sourced by Back At You

8812 S Commercial Avenue , Chicago, IL 60617

Chicago, IL 60617

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Description

This building consists of 5 office suites, a reception/waiting area, a kitchenette/pantry, 2 bathrooms, and janitor closet with sink, and a 2nd floor two bed apartment. The first floor commercial area consist of separate offices ready to lease out. The exterior of the building and commercial area is well qualified for the city's Neighborhood Opportunity Fund. This allows for substantial grant to improve the commercial/exterior of the property. The commercial space was most recently used as a NFP community center and second hand store. The full basement is well lit with about 6 foot ceilings. The second floor has a two bedroom split floor plan with eat in kitchen and spacious living room. Recent building updates include back (Western elevation) tuckpointing 2023, northern elevation tuckpointing 2021, 2022 HVAC on second level, 2021 HVAC on 1st level, updated electrical in last 3 years. Commercial Avenue Business Cooridor recent updates include outdoor vendor stalls, art stacks, raised bike lane, and permanent ground art. Proposed Commercial Avenue neighborhood reinvestments include a continuation of raised bike lanes, art stacks up to 8500 S. Commercial and a neighborhood revitalization at 8600 S. Commercial and 8900 S Commercial.

Details

MLS#12160268
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive Under Contract
Year1893
Days On Site119
Listing Provided By@properties Christie's International Real Estate | Brian Guzman

Features

SQ Feet4,000
Story(s)2
Units2

Market Activity 60617

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Listings Checked: 4 minutes ago
StateIL
CountyCook
CityChicago
Zip Code60617
AreaCHI South Chicago
Listing VS Median (in 60617)
Price:
$200,000
low | high
Med:
$199,900
50.05% of Average
SqFt:
4,000
low | high
Med:
1,559
100% of Average
$ / SqFt:
$50
low | high
Med:
$130
100% of Average
On Site:
119
low | high
Med:
63.000000
100% of Average
Sourced by Back At You
Listing Updated: January 4, 2025 at 7:09:22 PM PST