8701 S Exchange Avenue Chicago, IL ^$ 50,000

8701 S Exchange Avenue

^$ 50,000

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8701 S Exchange Avenue

Chicago, IL, 60617

^$ 50,000

Studio Baths0.0 Sq 2,000

Monthly Estimate*

^$ 349

8701 S Exchange Avenue, Chicago, IL 60617 - Image 1

8701 S Exchange Avenue, Chicago, IL 60617 - Image 2

8701 S Exchange Avenue, Chicago, IL 60617 - Image 3

8701 S Exchange Avenue, Chicago, IL 60617 - Image 4

8701 S Exchange Avenue, Chicago, IL 60617 - Image 5

8701 S Exchange Avenue, Chicago, IL 60617 - Image 6

8701 S Exchange Avenue, Chicago, IL 60617 - Image 7

Studio

Commercial Property for sale in Chicago, IL

for $50,000. This 2,000 square foot building was built in 1913 on a lot size of 0.086088.

This small storefront is located on busy corner on 87th st! This building is need of a full rehab. Building includes some Kitchen Equipment, Ansul System, and Exhaust Fan hood. A great start for any new restaurant or catering kitchen! It also features a side gate with private parking for easy loading/unloading or employee parking. Come check out this small space with BIG possibilities!

Commercial Active

Price

^$ 50,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 7,219

Style

Lot Size

0.086088

Year Built

1913

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12017412

Features

General

Cooling Central Air

Year Built 1913

Electric Circuit Breakers

Tenant Pays Other

Stories 1

Property SubType Restaurant

Tax Year 2022

County Cook

Net Operating Income 0

Property Type Commercial Sale Retail/Stores

Status Active

Directions From I94 Exit 87th St head East to SE Corner of Exchange

City Chicago

MLS Area CHI - South Chicago

Lot Size Square Feet 3750

Street Name Exchange

Tax Annual Amount 7219.13

Additional Parcels Y/N N

Leasable Area 0

Days on Market 6

Standard Status Active

Interior

Flooring Vinyl

Street Suffix Avenue

Exterior

Building Area Total 2000

Lot Dimensions 30X125

* Excluded Features

List By

Realty Executives Elite

Broker

hector.tamayo@realtyexecutives.com;hector.tamayo@realtyexecutives.com

Affordability Calculator

$951

Per Month

Monthly Principal & Interest: $349
Monthly Property Taxes: $602
Monthly Home Insurance: --

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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 ^$833,097

Percent of Sale Price 1,566%

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
4/1/2024	$50,000		Listed Price

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8701 S Exchange Avenue, Chicago, IL, 60617 is a Commercial Property for sale at $50,000 with 2,000 sqft and a lot size of 0.086088. 8701 S Exchange Avenue is a studio with 0.0 baths and was built in 1913. The property's zip code is 60617 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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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 4/29/2024.

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8701 S Exchange Avenue

Commercial Property for sale in Chicago, IL

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