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    8553 Stony Island Avenue

    Chicago, IL 60617
    • $230,000
    • STATUS: Active Under Contract
    • ON SITE: 17 days
    • MLS #: 10850017
    Under Contract
    UPDATED: 35 min ago
    $230,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,930
      SQFT
    • $59
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1927
    County:

    School Ratings & Info

    Description

    Multiple Offers Received. Highest and Best due by Saturday 9/12 at 5PM. The opportunity you have been waiting for. Incredible building on one of the South Side's most prominent business districts. Two vintage 2 Bedroom apartments, in very good condition upstairs, and a large renovated office space on the first level with all ceilings and loft like touches like exposed brick. The two large apartments are very similar, with spacious bedrooms as well as formal living and dining rooms (can be converted to 3 bedrooms each). Main level office space is very large, with a well planned waiting area, and a large office suite with modern finishes and a half bath. A large rear yard, as well as a brick two car garage make this a perfect property for an investment minded homebuyer or a business owner looking to put their place infant of thousands of eyes per day. Current mortgage is FHA, and likely can be purchased again with an FHA mortgage. Low taxes of $3357!

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    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or eXp Realty. Based on information submitted to the MRED as of 2020-09-26T16:50:49.21 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    8553 Stony Island Avenue Chicago, IL 60617

    • Price: $230,000
    • Status: Active Under Contract
    • Updated: 35 min ago
    • MLS #: 10850017
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    3,930
    SQFT
    $59
    $/SQFT
    1927
    Built
    Neighborhood:
    Chi - Avalon Park
    County:
    Cook
    Area:
    Chi - Avalon Park
    Property Description
    Multiple Offers Received. Highest and Best due by Saturday 9/12 at 5PM. The opportunity you have been waiting for. Incredible building on one of the South Side's most prominent business districts. Two vintage 2 Bedroom apartments, in very good condition upstairs, and a large renovated office space on the first level with all ceilings and loft like touches like exposed brick. The two large apartments are very similar, with spacious bedrooms as well as formal living and dining rooms (can be converted to 3 bedrooms each). Main level office space is very large, with a well planned waiting area, and a large office suite with modern finishes and a half bath. A large rear yard, as well as a brick two car garage make this a perfect property for an investment minded homebuyer or a business owner looking to put their place infant of thousands of eyes per day. Current mortgage is FHA, and likely can be purchased again with an FHA mortgage. Low taxes of $3357!
    Exterior Features

    Construction Brick Lot Dimensions 25X125 Lot Sq Ft 3125 Number Of Parking Spaces 2

    Interior Features

    Air Conditioning Office Only Fire Protection None Indoor Parking 1-5 Spaces Number Of Apts 2 Number Of Offices 1 Number Of Stores 3 Number Of Stories 3

    Property Features

    Age Older Built Before1978 YN Yes Contingency Flag Attorney/Inspection Electric Expense Source Broker Projection Electrical Service Circuit Breakers Electricity Expense 1200 Exterior Building Type Brick Fuel Expense 2600 Fuel Expense Source Broker Projection Geographic Locale Chicago South Gross Rental Income Amount 36000 Heat Ventilation GasRadiators Insurance Expense 2000 Insurance Expense Source Broker Projection Other Expense Source Broker Projection Other Expenses 0 Rental Price 0 Tax Year 2019 Taxes 3357 Tenant Pays Electric Total Annual Income 36000 Total Monthly Income 3000 Township Hyde Park Water Expense 1200 Water Expense Source Broker Projection Zoning Type Commr

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Exit Strategy Realty / Ema Management.


    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or eXp Realty. Based on information submitted to the MRED as of 2020-09-26T16:50:49.21 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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    eXp Realty
    1544 Shermer Road
    Northbrook IL, 60062