Check Availability
Chicago 60620 Gresham
8551 S Ashland Avenue
$207,000 - $251,000
Multifamily - In Contract

8551 S Ashland Avenue

Chicago, IL 60620
bedrooms
3 Beds
bathrooms
0 Bath

About This Property

This property is Priced To Sell! Turn your ideas into income with this 3 Unit Brick Building on BUSY BUSY BUSY Ashland Avenue! The building is about 80% rehabbed and awaits your creative vision. The hard work is already done!! Framework and most electrical, plumbing and HVAC work has been completed. All new windows, doors and drywall are already available and just need to be installed. The first floor could be used as a commercial storefront, an apartment, or divided for mixed use.  Covert the 1st floor to a live/work space by operating your business in front and creating a living space in the back. There are endless possibilities with 1500 square feet of open space on the 1st level.  The second floor is framed out as a 4 Bedroom/2 Bath apartment with an open concept living room & dining room. Building has new back porch and has room for a parking pad, or a garage to be built.  All offers will be considered! Sold in AS-IS CONDITION! CASH OR HARD MONEY ONLY
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Multifamily
Property Taxes
$181
HOA Dues
-
Year Built
1931
Listed By
Veronica Hinton
Real People Realty Inc

Price History

Date / Event Date Event Price
Jan 19, 2024 In contract -
In contract
Dec 10, 2023 Listed $229,900
Listed
Nov 22, 2021 Sold $85,000
Sold

Property Highlights

Exterior Details

Exterior Information

Brick

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
4 Beds
-
-
$240,000 Jan 8, 2024
-
$26/mo
House
3 Beds
2.5 Baths
1,974 ft²
$127/ft²
$249,900 Sep 13, 2023
-
$263/mo
House
3 Beds
2 Baths
1,312 ft²
$198/ft²
$259,900 Jan 10, 2024
-
$120/mo
House
4 Beds
2 Baths
1,552 ft²
$145/ft²
$225,000 Jan 10, 2024
-
$181/mo
Multifamily
5 Beds
-
-
$214,900 Jan 14, 2024
-
$233/mo
House
4 Beds
1.5 Baths
1,471 ft²
$170/ft²
$249,900 Dec 28, 2023
-
$302/mo
House
4 Beds
2 Baths
1,904 ft²
$134/ft²
$255,000 Nov 17, 2023
-
$101/mo
House
4 Beds
2.5 Baths
1,800 ft²
$111/ft²
$199,500 Jul 16, 2023
-
$117/mo
House
4 Beds
2 Baths
903 ft²
$288/ft²
$259,900 Jan 2, 2024
-
$201/mo
House
2 Beds
1 Bath
1,200 ft²
$157/ft²
$187,999 Oct 9, 2023
-
$101/mo
House
4 Beds
2 Baths
2,406 ft²
$79/ft²
$189,000 Oct 18, 2023
-
$196/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210902
09/02/2021
4 Bed
-
-
$115,000
bedrooms
4 Bed
bathrooms
-
$85,000 -26.09%
11/22/2021
-
Kimberly Brown
Baird & Warner
20190219
02/19/2019
4 Bed
-
-
$55,000
bedrooms
4 Bed
bathrooms
-
-
-
-
-

Building Info

8551 South Ashland Avenue 8551 South Ashland Avenue, Chicago, IL 60620
  • 1 Unit for Sale
More about this Building
8551 South Ashland Avenue
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About South Side


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