8551 S Ashland Avenue, Chicago, IL
  • $99,900

Description

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!

  • Listing Courtesy of: RE/MAX Premier

Details

Updated on June 17, 2026 at 6:29 am
  • Property ID MRD12679791
  • Price $99,900
  • Bedrooms 4
  • Year Built 1931
  • Property Type Multi Family
  • Property Status Active
  • Parking Total 4
  • Parcel Number 20323150180000
  • Water Source Lake Michigan
  • Sewer Public Sewer
  • MLS Status New
  • Cumulative Days On Market 1
  • Tax Annual Amount 3194.21
  • Heating Natural Gas
  • Parking Features Yes
  • Directions Take Ashland Avenue North/South to the property address.
  • Address 8551 S Ashland Avenue
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60620
  • Country United States

Overview

Property ID: MRD12679791
  • Multi Family
  • Property Type
  • 4
  • Bedrooms
  • 1931
  • Year Built

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