8544 S Ashland Avenue Chicago, IL ^$ 258,000

8544 S Ashland Avenue

^$ 258,000

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8544 S Ashland Avenue

Chicago, IL, 60620

^$ 258,000

Bedrooms-- Baths-- Sq 2,400

Monthly Estimate*

^$ 1,610

8544 S Ashland Avenue, Chicago, IL 60620 - Image 1

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8544 S Ashland Avenue, Chicago, IL 60620 - Image 8

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8544 S Ashland Avenue, Chicago, IL 60620 - Image 10

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8544 S Ashland Avenue, Chicago, IL 60620 - Image 12

8544 S Ashland Avenue, Chicago, IL 60620 - Image 13

Commercial Property for sale in Chicago, IL

for $258,000. This 2,400 square foot building was built in 1962 on a lot size of 0.206612.

Remodeled 2,172 sqft office building with gated parking lot for 16 cars. The office has multiple private offices, male and female restrooms, and a breakroom. Opportunity for Owner/User or Investor.

Commercial Active

Price

^$ 258,000

Property Type

Commercial

Taxes

^$ 16,097

Style

Lot Size

0.206612

Year Built

1962

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12297815

Features

General

Cooling Central Air

Zoning COMMR

Construction Materials Brick

Year Built 1962

Electric Circuit Breakers Service - 201 to 600 Amps

Stories Count 1

Township Lake

Property Subtype Office

Tax Year 2023

Gross Income 65160

County Cook

Net Operating Income 25783

Operating Expense 30000

Property Type Commercial Sale Office/Tech

Status Active

Directions W. 87th Street to South Ashland go North just past 86th Street property is on the left.

City Chicago

MLS Area CHI - Auburn Gresham

Lot Size Square Feet 9000

Tax Annual Amount 16097

Additional Parcels Y/N Y

Leasable Area 2172

Standard Status Active

Cap Rate 9.92

Exterior

Foundation Details Concrete Perimeter Wood

Building Area Total 2400

Lot Dimensions 75 X 120

* Excluded Features

List By

Real Realty Inc

Broker

aredzic@realrealtyus.com

Affordability Calculator

$2,951

Per Month

Monthly Principal & Interest: $1,610
Monthly Property Taxes: $1,341
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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 ^$1,040,274

Percent of Sale Price 303%

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
10/1/2025	$258,000	-0.77%	Price Down
9/4/2025	$260,000	-5.42%	Price Down
4/23/2025	$274,900	-8.37%	Price Down
2/25/2025	$300,000		Listed Price

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8544 S Ashland Avenue, Chicago, IL, 60620 is a Commercial Property for sale at $258,000 with 2,400 sqft and a lot size of 0.206612. 8544 S Ashland Avenue was built in 1962. 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 6.375% 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 12/13/2025.

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8544 S Ashland Avenue

Commercial Property for sale in Chicago, IL

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