8812 S Commercial AVE

Chicago,IL 60617

$ 200000

- Bed

0 Bath

4000 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 4,000 sqft

Price per Sqft $50

MLS Listing ID 12160268

Year Built 1893

Tax Year 2023

Lot Dimensions 25X140

Property Description

This building consists of 5 office suites, a reception/waiting area, a kitchenette/pantry, 2 bathrooms, and janitor closet with sink, and a 2nd floor two bed apartment. The first floor commercial area consist of separate offices ready to lease out. The exterior of the building and commercial area is well qualified for the city's Neighborhood Opportunity Fund. This allows for substantial grant to improve the commercial/exterior of the property. The commercial space was most recently used as a NFP community center and second hand store. The full basement is well lit with about 6 foot ceilings. The second floor has a two bedroom split floor plan with eat in kitchen and spacious living room. Recent building updates include back (Western elevation) tuckpointing 2023, northern elevation tuckpointing 2021, 2022 HVAC on second level, 2021 HVAC on 1st level, updated electrical in last 3 years. Commercial Avenue Business Cooridor recent updates include outdoor vendor stalls, art stacks, raised bike lane, and permanent ground art. Proposed Commercial Avenue neighborhood reinvestments include a continuation of raised bike lanes, art stacks up to 8500 S. Commercial and a neighborhood revitalization at 8600 S. Commercial and 8900 S Commercial.

Location

State IL

County Cook

Area Chi - South Chicago

Interior

Cooling Central Air,Window Unit(s)

Flooring Vinyl

Fireplace N

Exterior

Roof Type Membrane

Building

Dwelling Type Mixed Use

Level or Stories 2

View More
Favorite Go Tour