8056 S Western Avenue Chicago, IL $ 279,900
8056 S Western Avenue
$ 279,900
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8056 S Western Avenue

Chicago, IL, 60620
$ 279,900
Baths0.0 Sq 5,300

Monthly Estimate*

$ 1,860

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Studio

Commercial Property for sale in Chicago, IL

for $279,900. This 5,300 square foot building was built in 1956 on a lot size of 0.121671.

An exceptional commercial property for sale! This commercial property, formerly operated as a medical office, presents an unparalleled investment or business venture. The property offers immense potential for various professional practices or savvy investors. Conveniently located in Chicago, this property enjoys excellent visibility and accessibility. Originally constructed to serve as a medical facility, this property boasts a layout tailored for efficient functionality and patient comfort. The property has been thoughtfully divided into individual offices and exam rooms, ideal for accommodating a single comprehensive medical practice or leasing out to multiple practitioners or businesses. With its flexible layout, this property caters to a wide range of medical specialties or professional services. Whether it's a dental clinic, dermatology practice, counseling center, or any other healthcare or professional service, the possibilities are endless. Equipped with modern amenities and infrastructure, including waiting areas, reception desks, examination rooms with plumbing provisions, and administrative spaces, this property ensures a seamless transition for prospective occupants. For investors seeking a lucrative opportunity, the property offers the potential for multiple rental incomes from diverse tenants. Suited for a single medical practice or subdivided for multiple tenants, offering versatility and income potential. Benefit from a turnkey operation with existing infrastructure, saving time and resources on renovations. Whether you're an entrepreneur looking to establish your practice or an investor seeking a lucrative venture, this prime commercial property offers the perfect canvas for success. Seize the chance to own a piece of Chicago's thriving commercial landscape and unlock the potential of this remarkable property.

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Commercial Contingent

Price

$ 279,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 11,549

Style

Lot Size

0.121671

Year Built

1956

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12020166

Features
General
Cooling Central Air
Year Built 1956
Electric Circuit Breakers
Tenant Pays Other
Stories 1
Property SubType Medical Office Other
Tax Year 2022
Gross Income 0
County Cook
Net Operating Income 0
Operating Expense 0
Property Type Commercial Sale Office/Tech
Contingency Attorney/Inspection
Status Contingent
Directions Take exit 355 to Monterey Ave and 111th St. for 0.2 miles turn left onto W. 112th Pl. for 0.2 miles turn right onto S. Vincennes Ave. for 1.2 miles merge left onto S. Beverly Ave. for 2.1 miles turn
City Chicago
MLS Area CHI - Ashburn
Lot Size Square Feet 5300
Street Name Western
Tax Annual Amount 11549.8
Additional Parcels Y/N N
Leasable Area 0
Days on Market 41
Standard Status Active Under Contract
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Exterior
Building Area Total 5300
Lot Dimensions 0.92
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Interior
Street Suffix Avenue
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* Excluded Features
List By
Keller Williams Preferred Rlty

Broker

eabed84@gmail.com

Email

Affordability Calculator

$2,823
Per Month
66%
34%
0%
Monthly Principal & Interest
$1,860
Monthly Property Taxes
$962
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/3/2024$279,900 Listed Price

Map


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8056 S Western Avenue, Chicago, IL, 60620 is a Commercial Property for sale at $279,900 with 5,300 sqft and a lot size of 0.121671. 8056 S Western Avenue is a studio with 0.0 baths and was built in 1956. The property's zip code is 60620 which is in Chicago, IL