7920 S Greenwood Avenue
Chicago, IL, 60619 $ 480,000
Baths0.0 Sq 12,500 Monthly Estimate*
$ 3,353
Studio
for $480,000. This 12,500 square foot building was built in 1956 on a lot size of 0.28.
Discover the unparalleled potential of 7920 S Greenwood Ave, a remarkable 12,500 square foot gem nestled in Chicago's vibrant Chatham community. Formerly an adult day care center, this awe-inspiring facility underwent a breathtaking transformation in 2021, evolving into a dynamic hub tailored to meet the diverse needs of multiple businesses, spanning technology, hair/skin care product manufacturing, and consulting. Step into the southern side of this extraordinary space and be greeted by two meticulously renovated office spaces, complemented by a brand-new office exuding contemporary elegance. A revamped mail room/IT room sets the stage for seamless operations, while a transformed library now boasts a state-of-the-art multimedia conference room, designed to inspire collaboration among teams of 8-12 visionaries. Indulge your senses in the southern realm's culinary haven-a fully equipped kitchen beckoning culinary creativity. Across the expanse, an airy open room hums with artisan manufacturing prowess, adjoined by a capacious garage that will house over 10 cars, effortlessly accessed by a roll-up door. Completing this sanctuary are two lavishly appointed bathrooms, adding a touch of luxury to every corner. Journey to the northern side of this architectural masterpiece, where two expansive offices await, each a sanctuary of productivity and innovation. A revitalized welcome area/lobby greets guests with sophistication, while a sprawling open space beckons as the perfect canvas for transformative conferences or additional office sanctuaries. This wing also houses two additional bathrooms, alongside raw, unrenovated space ripe with potential for conversion into co-working paradises. Bask in the glow of recent updates-a meticulously repaired roof, meticulous tuckpointing and masonry work, plumbing enhancements including a new water heater and four gleaming toilets, and the installation of some new doors, elevating the ambiance of the conference room and lobby with an air of contemporary chic. Envision the limitless possibilities of this extraordinary space, originally envisioned as a beacon for entrepreneurial spirits, startups, and non-profit entities seeking to carve their path to success. This Property is Being Sold As Is, this unparalleled opportunity invites you to step into a realm where dreams are born and greatness is realized.
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FeaturesGeneralCooling Central Air
Possession Closing
Roof Other
Zoning COMMR
Construction Materials Concrete Block
Year Built 1956
Electric Over 600 Amps
Tenant Pays Other
Stories 1
Township Hyde Park
Tax Year 2022
Gross Income 0
County Cook
Net Operating Income 0
Operating Expense 7000
Property Type Commercial Sale Industrial
Status Active
Directions 79th and Stoney Island West to Greenwood
City Chicago
MLS Area CHI - Chatham
Lot Size Square Feet 12500
Street Name Greenwood
Tax Annual Amount 0
Additional Parcels Y/N N
Leasable Area 12500
Days on Market 7
Standard Status Active
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InteriorFlooring Tile
Street Suffix Avenue
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ExteriorFoundation Details Concrete Perimeter
Building Area Total 12500
Lot Dimensions 100X125
Lot Size Acres 0.28
Exterior Brick Other
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* Excluded FeaturesList ByRe/Max 10 Lincoln ParkBroker
polandproperties@aol.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,353
- Monthly Property Taxes
- --
- 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 NearbyCommerical listings in Chicago, IL
Average List Price $833,097
Percent of Sale Price 74%
About Chicago, IL 2,755,380 Population
-4% Since 2002
$ 53,088 Median Income
36.07 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
3/6/2024 | $480,000 | | Listed Price |