8244-8248 S Ashland Avenue, Chicago, IL, 60620

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$1,250,000
101 Days On Site

8244-8248 S Ashland Avenue
Chicago, IL 60620

For Sale|Mixed Use|Active Under Contract
0
Beds
0
Full Baths
0
Partial Baths
17,890
SqFt
$70
/SqFt
1963
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Coldwell Banker Realty
Call Now: 877 582 4399
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877 582 4399
8244-8248 S Ashland Avenue8244-8248 S Ashland Avenue8244-8248 S Ashland Avenue8244-8248 S Ashland Avenue
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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

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Listing Snapshot
Price 
$1,250,000
Days On Site 
101 Days
Bedrooms 
N/A
Inside Area (SqFt) 
17,890 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1963
MLS® Number 
12273369
Status 
Active Under Contract
Property Tax 
$22,718
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 days agoListing updated with changes from the MLS®
2 weeks agoStatus changed to Active Under Contract
3 months agoListing first seen on site
General Features
Number Of Stories 
3
Property Sub Type 
Mixed Use
SqFt Total 
17890
Utilities 
Electricity AvailableNatural Gas AvailableSewer Connected
Zoning 
COMMR
Interior Features
Cooling 
Window Unit(s)
Electric 
Circuit Breakers
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Exterior Features
Construction Details 
Brick
Community Features
MLS Area 
CHI - Auburn Gresham
Listing Courtesy of MRED as distributed by MLS Grid of Coldwell Banker Realty



Based on information submitted to the MLS GRID as of 2025-04-29 11:20 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2025-04-29 11:20 AM UTC
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