ClosedPrice Reduced

$399,900

$525,000
8547 - 8551 Stony Island Avenue, Chicago, IL 60617
310 days
8547 - 8551 Stony Island Avenue·Chicago, IL 60617
1952Year Built
About This Home

16.7% CAP RATE!!!! FOR SALE - S. CHICAGO - EXCELLENT INCOME PRODUCING INVESTMENT PROPERTY - FULLY LEASED MIXED USE BUILDING - 5,555 SF office on the first floor and two - 2 bedroom/1 bath apartments upstairs! Convenient location with over 32,000 vehicles per day at your doorstep! A new 5 year lease on the office space, and quality tenants upstairs in the two apartments. Clean and well maintained building! Listed at a 16.7 cap rate. Call today to schedule a viewing! Financials available for qualified buyers upon request.

MLS# 11746771Listed March 28, 2023Commercial Sale
Property Details

Beds & Baths

Size & Structure

Year Built1952
Lot Size.07 AC

Location

CountyCook
TownshipHyde Park
Zip Code60617

Financial

List Price$399,900
Original Price$525,000
Annual Taxes (2021)$4,392
Monthly Tax Est.$366
Parcel #20363180050000
Interior Features

Cooling

Central Air
Exterior & Lot

Construction

BrickBlock

Roof

Membrane

Foundation

Concrete Perimeter
Utilities & Parking

Electric

Circuit Breakers
Tax & Financial
Annual Taxes
$4,392
Tax Year 2021
Monthly Tax Est.
$366
per month
Price Reduced by $125,100
Original list price: $525,000
Property Location

8547 - 8551 Stony Island Avenue, Chicago, IL 60617 — Cook County

$399,900
8547 - 8551 Stony Island Avenue
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
310 days on market
.07 AC
$4,392/yr taxes
Price reduced $125,100
$2,468
estimated monthly payment
Principal & Interest
$2,102/mo
Property Tax
$366/mo
$399,900
20% — $79,980
3%50%
6.875%
3%12%
Loan Amount
$319,920
Down Payment
$79,980

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
McColly Bennett Real Estate
Agent: Jay Tamblyn
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