8510 S Racine Avenue Chicago, IL ^$ 128,900

8510 S Racine Avenue

^$ 128,900

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8510 S Racine Avenue

Chicago, IL, 60620

^$ 128,900

Studio Baths0.0

Monthly Estimate*

^$ 900

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Studio

Commercial Property for sale in Chicago, IL

for $128,900. This building was built in 1921 on a lot size of 0.080349.

GREAT OPPORTUNITY TO OPEN YOUR OWN BUSINESS ON THE MAIN LEVEL AND LIVE OR RENT THE SECOND FLOOR APARTMENT. MAIN LEVEL WAS BEING USED AS A BAR WITH FULL COMMERCIAL KITCHEN AND TWO HALF BATHROOMS. FULL UNFINISHED BASEMENT. SECOND FLOOR APARTMENT FEATURES 2 BEDROOMS, LIVING ROOM, SEPARATE DINING ROOM, KITCHEN, DEN, BONUS ROOM IN THE FINISHED REAR PORCH, AND FULL BATHROOM. HUGE BACK GATED YARD. TAKE ADVANTAGE AND PURCHASE THE PROPERTY NEXT DOOR (8512 S RACINE AVE) AS A BUNDLE PACKAGE. SUBJECT PROPERTY IS AN ESTATE SALE AND SOLD AS IS.

Commercial Active

Price

^$ 128,900

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 3,908

Style

Lot Size

0.080349

Year Built

1921

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11968341

Features

General

Cooling Wall Sleeve Window Unit(s)

Possession Closing

Year Built 1921

Electric Circuit Breakers

Stories 2

Township Lake

Property SubType Apts/Stores

Tax Year 2022

Gross Income 0

County Cook

Insurance Expense 0

Property Type Commercial Sale Mixed Use

Status Active

Directions 87TH STREET EAST OR WEST TO RACINE AVENUE NORTH TO ADDRESS.

City Chicago

Total Units 2

MLS Area CHI - Auburn Gresham

Lot Size Square Feet 3500

Street Name Racine

Tax Annual Amount 3908

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N N

Days on Market 7

Standard Status Active

Exterior

Foundation Details Concrete Perimeter

Lot Dimensions 3500

Exterior Brick

Interior

Street Suffix Avenue

* Excluded Features

List By

Century 21 Nuvision Real Estate

Broker

albert.diaz@C21nuvisionre.com

Affordability Calculator

$1,226

Per Month

Monthly Principal & Interest: $900
Monthly Property Taxes: $326
Monthly Home Insurance: --

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Interest Rate

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Yearly 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.

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Nearby

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$835,725

Percent of Sale Price 548%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/26/2024	$128,900		Listed Price

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8510 S Racine Avenue, Chicago, IL, 60620 is a Commercial Property for sale at $128,900 with a lot size of 0.080349. 8510 S Racine Avenue is a studio with 0.0 baths and was built in 1921. The property's zip code is 60620 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is 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.

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Data is updated as of 5/1/2024.

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8510 S Racine Avenue

Commercial Property for sale in Chicago, IL

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