8557 S Stony Island Avenue Chicago, IL ^$ 598,000

8557 S Stony Island Avenue

^$ 598,000

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8557 S Stony Island Avenue

Chicago, IL, 60617

^$ 598,000

Bedrooms-- Baths-- Sq 3,475

Monthly Estimate*

^$ 3,731

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Commercial Property for sale in Chicago, IL

for $598,000. This 3,475 square foot building was built in 1961 on a lot size of 0.166483.

Formerly home to the well-known HOE TOY restaurant, this prime Avalon Park property offers exceptional potential in a high-visibility location. Featuring two combined storefronts with separate PINs, the building provides over 3,400 sq. ft. of versatile space, along with a 3-car garage and ample outdoor parking in the rear. The expansive lot spans more than 7,200 sq. ft., making it ideal for investors seeking a solid commercial opportunity or entrepreneurs ready to launch their own business in a thriving area. Don't miss your chance to own this rare gem in one of Avalon Park's most sought-after locations!

Commercial Contingent

Price

^$ 598,000

Property Type

Commercial

Taxes

^$ 17,895

Style

Lot Size

0.166483

Year Built

1961

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12447230

Features

General

Cooling Central Air

Possession Closing

Zoning COMMR

Construction Materials Brick

Year Built 1961

Electric Circuit Breakers

Stories Count 1

Township Hyde Park

Tax Year 2023

County Cook

Net Operating Income 0

Property Type Commercial Sale Retail/Stores

Contingency Attorney/Inspection

Status Contingent

Directions 87th street to Stony Island North to 8625 Stony Island Blvd

City Chicago

MLS Area CHI - Avalon Park

Lot Size Square Feet 7252

Tax Annual Amount 17895.7

Additional Parcels Y/N Y

Leasable Area 0

Standard Status Active Under Contract

Exterior

Foundation Details Concrete Perimeter

Building Area Total 3475

Lot Dimensions 58 X 125

* Excluded Features

List By

Mango Realty Group

Broker

michael@mangoRG.com

Affordability Calculator

$5,222

Per Month

Monthly Principal & Interest: $3,731
Monthly Property Taxes: $1,491
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 ^$987,651

Percent of Sale Price 65%

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
8/15/2025	$598,000		Listed Price

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8557 S Stony Island Avenue, Chicago, IL, 60617 is a Commercial Property for sale at $598,000 with 3,475 sqft and a lot size of 0.166483. 8557 S Stony Island Avenue was built in 1961. 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 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 12/8/2025.

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8557 S Stony Island Avenue

Commercial Property for sale in Chicago, IL

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