Address
8501-8511 S Stony Island Avenue, Chicago, IL
Price
$ 295,000
Property Attributes
  • MLS#11993335
  • TypeContingent
  • CountyCOOK
  • CityChicago
  • AreaCHI - Avalon Park
  • NeighborhoodAvalon Park
  • Zip60617
  • Style
  • Year Built1925
  • Taxes$ 18912
  • Price$ 295,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4690
  • Lot Size0.500987 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Prime Stoney Island Property Located in a TIF Zone: This newly remodeled medical office is seeking its next chapter with a versatile 7-room space, boasting a generously sized conference room stand ready to be reimagined. A welcoming reception and waiting area, plus two bathrooms, ensure a smooth flow for any venture and even include the existing furniture. But wait, there's more! This gem sits on five prime parcels of land, offering ample room for expansion. Think future phases, rooftop gardens, or even standalone outbuildings-the potential is truly limitless! This property basks in exceptional visibility and foot traffic. Bustling streets, diverse local businesses, and community events draw a lively crowd eager to connect. Plenty of parking sits ready to serve your patrons (a rarity in the area!), while overflow can utilize convenient nearby street parking. Picture this: A Salon Suite Oasis: Attract a diverse range of beauty and wellness professionals, creating a one-stop shop for Stony Island's self-care needs. Imagine massage therapists calming anxieties while stylists work their magic, all under one roof. A Tech HQ: Transform patient rooms into buzzing workstations, the conference room into a sleek brainstorming hub, and welcome the digital revolution to Stony Island! A Creative Oasis: Open the doors to a thriving art studio, dance academy, or co-working space, and nurture the artistic soul of the community. A Wellness Sanctuary: Reimagine the space as a medispa, yoga studio, massage therapy center, or holistic wellness haven, promoting health and well-being in every corner. This versatile haven, with its individual suite potential, expansive land, and prime location, offers an unmissable opportunity. So, unleash your creativity and watch this former medical office become the next Stony Island success story! Contact us today to schedule a tour and become a part of this dynamic neighborhood's exciting transformation!

Price History
3/1/2024 Listed $295,000

General Features

Cooling Central Air
Utilities Electric to Site,Gas to Site,Water-Municipal
Possession Closing
Zoning COMMR
Year Built 1925
Electric Circuit Breakers
Stories 1
Township Hyde Park
Property SubType Office
Tax Year 2022
County Cook
Property Type Commercial Sale
Contingency Attorney/Inspection
Status Contingent
Directions South or North on Stony Island to Building
City Chicago
MLS Area CHI - Avalon Park
Lot Size Square Feet 21823
Street Name Stony Island
Tax Annual Amount 18912
Additional Parcels Y/N Yes
Days on Market 68
Standard Status Active Under Contract
Property Type Office/Tech

Interior Features

Street Suffix Avenue

Exterior Features

Foundation Details Concrete Perimeter
Building Area Total 4690
Lot Dimensions 139 X 157

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 60617

Price
AVG $220K
$300K
Taxes
AVG $2,330
$18,912
Visits
AVG 216
249
Data Provided by Inside Real Estate®
Year Built
AVG 1930
1925

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