8501-8511 S Stony Island Avenue Chicago, IL $ 295,000
8501-8511 S Stony Island Avenue
$ 295,000
Share Save

8501-8511 S Stony Island Avenue

Chicago, IL, 60617
$ 295,000
Baths0.0 Sq 4,690

Monthly Estimate*

$ 2,061

8501-8511 S Stony Island Avenue, Chicago, IL 60617 - Image 1
8501-8511 S Stony Island Avenue, Chicago, IL 60617 - Image 2
8501-8511 S Stony Island Avenue, Chicago, IL 60617 - Image 3
8501-8511 S Stony Island Avenue, Chicago, IL 60617 - Image 4
8501-8511 S Stony Island Avenue, Chicago, IL 60617 - Image 5
8501-8511 S Stony Island Avenue, Chicago, IL 60617 - Image 6
8501-8511 S Stony Island Avenue, Chicago, IL 60617 - Image 7
8501-8511 S Stony Island Avenue, Chicago, IL 60617 - Image 8
8501-8511 S Stony Island Avenue, Chicago, IL 60617 - Image 9
8501-8511 S Stony Island Avenue, Chicago, IL 60617 - Image 10
8501-8511 S Stony Island Avenue, Chicago, IL 60617 - Image 11
8501-8511 S Stony Island Avenue, Chicago, IL 60617 - Image 12
8501-8511 S Stony Island Avenue, Chicago, IL 60617 - Image 13
8501-8511 S Stony Island Avenue, Chicago, IL 60617 - Image 14
8501-8511 S Stony Island Avenue, Chicago, IL 60617 - Image 15
8501-8511 S Stony Island Avenue, Chicago, IL 60617 - Image 16
Studio

Commercial Property for sale in Chicago, IL

for $295,000. This 4,690 square foot building was built in 1925 on a lot size of 0.500987.

Prime Stoney Island Property Located in a TIF Zone: This newly remodeled medical office is seeking its next chapter with a versatile 7-room space, boasting a generously sized conference room stand ready to be reimagined. A welcoming reception and waiting area, plus two bathrooms, ensure a smooth flow for any venture and even include the existing furniture. But wait, there's more! This gem sits on five prime parcels of land, offering ample room for expansion. Think future phases, rooftop gardens, or even standalone outbuildings-the potential is truly limitless! This property basks in exceptional visibility and foot traffic. Bustling streets, diverse local businesses, and community events draw a lively crowd eager to connect. Plenty of parking sits ready to serve your patrons (a rarity in the area!), while overflow can utilize convenient nearby street parking. Picture this: A Salon Suite Oasis: Attract a diverse range of beauty and wellness professionals, creating a one-stop shop for Stony Island's self-care needs. Imagine massage therapists calming anxieties while stylists work their magic, all under one roof. A Tech HQ: Transform patient rooms into buzzing workstations, the conference room into a sleek brainstorming hub, and welcome the digital revolution to Stony Island! A Creative Oasis: Open the doors to a thriving art studio, dance academy, or co-working space, and nurture the artistic soul of the community. A Wellness Sanctuary: Reimagine the space as a medispa, yoga studio, massage therapy center, or holistic wellness haven, promoting health and well-being in every corner. This versatile haven, with its individual suite potential, expansive land, and prime location, offers an unmissable opportunity. So, unleash your creativity and watch this former medical office become the next Stony Island success story! Contact us today to schedule a tour and become a part of this dynamic neighborhood's exciting transformation!

See more

Commercial Contingent

Price

$ 295,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 18,912

Style

Lot Size

0.500987

Year Built

1925

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11993335

Features
General
Cooling Central Air
Utilities Electric to Site Gas to Site Water-Municipal
Possession Closing
Zoning COMMR
Year Built 1925
Electric Circuit Breakers
Stories 1
Township Hyde Park
Property SubType Office
Tax Year 2022
Gross Income 0
County Cook
Net Operating Income 0
Operating Expense 0
Property Type Commercial Sale Office/Tech
Contingency Attorney/Inspection
Status Contingent
Directions South or North on Stony Island to Building
City Chicago
MLS Area CHI - Avalon Park
Lot Size Square Feet 21823
Street Name Stony Island
Tax Annual Amount 18912
Additional Parcels Y/N Y
Leasable Area 0
Days on Market 68
Standard Status Active Under Contract
See more
Exterior
Foundation Details Concrete Perimeter
Building Area Total 4690
Lot Dimensions 139 X 157
See more
Interior
Street Suffix Avenue
See more
* Excluded Features
List By
Legacy Brokers Group

Broker

jessicakelly2011@gmail.com;Jessica@legacybrokersgroup.com

Email

Affordability Calculator

$3,637
Per Month
57%
43%
0%
Monthly Principal & Interest
$2,061
Monthly Property Taxes
$1,576
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/1/2024$295,000 Listed Price

Map


See all

8501-8511 S Stony Island Avenue, Chicago, IL, 60617 is a Commercial Property for sale at $295,000 with 4,690 sqft and a lot size of 0.500987. 8501-8511 S Stony Island Avenue is a studio with 0.0 baths and was built in 1925. The property's zip code is 60617 which is in Chicago, IL