8551 South Ashland, Chicago IL 60620
- Units 2
- Total Beds 4
- Total Baths 3
- Taxes $3,194.21
- Payment Estimate View Mortgage Calculator
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Property 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!
Features & Information
Key Details
- List Price $89,900
- Property Taxes $3,194.21
- Price/ Sq. Ft. Unavailable
- Year Built 1931
- Parking Type Space/s
- Status New
Rooms
- Total Rooms 8
- Basement F
Exterior Features
-
Parking
- Parking Details Space/s
- # of Cars: 4
Building Information
- Number of Units 2
- Age of Building 91-100 Years
- Exterior Construction Brick
- Heating & Cooling Gas
-
Units
- Unit 1 None
- Unit 2 None
Location
- County Cook
- Township Lake View
- Corporate Limits Chicago
- Directions to Property Take Ashland Avenue North/south To The Property Address.
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 3194.21
- Tax Year 2022
- Tax Exemptions None
- Parcel Identification Number 20323150180000
Utilities
- Sewer Sewer-Publ
Listed by Ryan Smith for RE/MAX Premier | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 7/11/2025 7:32 PM. 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.
Explore Gresham
The heart of the south side of Chicago, Gresham is a neighborhood in transition with a bright future ahead and a rich history behind it. Community groups and public parks are on the front lines of revitalization. Providing a place for Gresham residents of all ages to participate in sports and be active, the neighborhood parks offer numerous programs and even a 12-lane bowling alley – to cover every recreational interest. Adult social clubs, teen groups and day camps for kids all encourage community bonding and are a great way to meet the neighbors. Some of the park facility programs focus on personal fitness with aquatic exercise classes and workout centers, but mostly the Chicago Park District works to supply places where Gresham residents can hangout and have fun with fellow community members.
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