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(312) 788-7079
Real Estate Company
8941 S Western Avenue, Chicago, Illinois 60620
- $221,500
- Sold Price
- $221,500
- List Price
- $269,999
- Closing Date
- Nov 01, 2024
- MLS#
- 12023077
- Status
- CLOSED
- Type
- Commercial
- Subtype
- Commercial Sale
- County
- Cook
- City
- Chicago
- Neighborhood
- Beverly
- Days On Market
- 47
Property Description
"As-Is Sale" This is a opportunity to own a unique commercial property. This versatile office style building, situated in a prime location, which offers a remarkable opportunity for savvy investors or business owners. Positioned on Western Avenue, this property benefits from high visibility and accessibility, thanks to its proximity to major retail outlets like Menards and Walmart. This strategic location not only guarantees a steady flow of potential clients but also provides excellent convenience and exposure. With the property dual-side layout, the property caters to a diverse range of business needs-from office spaces to specialized services like barber shops or dental practices. The 8941 side boasts a waiting and reception area, four offices, and two bathrooms while the 8943 side features a spacious main area, four individual offices, and a bathroom. Both sections share a convenient kitchen and a compact file room, making it ideal for various ventures. Due to recent water damage caused by burst pipes, the property requires a comprehensive gutting and rehabilitation. This presents a unique chance for investors to remodel and customize the space. Prior to the water damage, the roof was completely redone in 2021, AC (2021), and the furnace has been enhanced with a new control board. This property represents a blend of opportunities-ideal for those looking to invest in a space with potential for high returns through refurbishment and strategic location. Whether you're aiming to establish your own business or lease spaces to others, this commercial building offers the flexibility and potential to realize your vision. It is incumbent upon the buyer to conduct their own comprehensive due diligence regarding the property.
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Additional Information
- Tax Year
- 2022
- Tax Amount
- $12,952
- Year Built
- 1956
- Lot Dimensions
- 61 X 121
- Air Conditioning
- Central Air
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Listings courtesy of Midwest Real Estate Data as distributed by MLS Grid
Selling Office: @properties Christie's International Real Estate.
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