See Home Value
Chicago 60620 Gresham
8501 South Racine Avenue
$240,695*
Commercial - Off Market

8501 South Racine Avenue

Chicago, IL 60620
bedrooms
Studio
bathrooms
0 Bath
$162,000 - $198,000
Reference Base Price*
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

Five parcels with free-standing commercial building and ample parking.  Currently used as a tire repair shop.  Good location for car wash, auto supply, construction sales/services, laundromat/dry cleaners, and other retail businesses.  Close to McDonalds, Walgreens, Wendy's, and Dollar General.  Drive by -- DO NOT DISTURB TENANT.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Commercial
Property Taxes
$12,025
HOA Dues
-
Year Built
1953

Price History

Date / Event Date Event Price
Oct 2, 2020 No longer available -
No longer available
Jun 15, 2020 Price Decreased $180,000
↓ $10K (5.3%)
Price Decreased
May 13, 2020 Price Decreased $190,000
↓ $50K (20.8%)
Price Decreased
Mar 8, 2020 Relisted $240,000
Relisted
Mar 7, 2020 No longer available -
No longer available
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Property Highlights

Air Conditioning


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
2 Baths
1,127 ft²
$155/ft²
$174,900 Dec 30, 2022
-
$134/mo
House
3 Beds
1.5 Baths
1,114 ft²
$163/ft²
$182,000 Dec 10, 2022
-
-
House
4 Beds
2 Baths
2,200 ft²
$91/ft²
$200,000 Oct 3, 2022
-
$180/mo
House
4 Beds
2.5 Baths
2,100 ft²
$95/ft²
$200,000 Dec 14, 2022
-
$251/mo
Multifamily
6 Beds
-
-
$167,900 Dec 15, 2022
-
$195/mo
House
5 Beds
2 Baths
2,449 ft²
$67/ft²
$164,900 Dec 2, 2022
-
$115/mo
House
3 Beds
2 Baths
1,866 ft²
$106/ft²
$197,000 Sep 20, 2022
-
$243/mo
Multifamily
5 Beds
-
-
$199,500 Jan 16, 2022
-
$267/mo
House
4 Beds
1 Bath
3,146 ft²
$51/ft²
$160,000 Jan 8, 2023
-
$46/mo
Multifamily
6 Beds
-
-
$210,000 Aug 10, 2022
-
$285/mo
House
3 Beds
1 Bath
1,000 ft²
$145/ft²
$145,000 Sep 21, 2022
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190922
09/22/2019
Loft
-
-
$240,000
bedrooms
Loft
bathrooms
-
-
-
-
-

Building Info

8501 South Racine Avenue 8501 South Racine Avenue, Chicago, IL 60620
More about this Building
8501 South Racine Avenue
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About South Side


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