Price Reduction
Address
12807 Ashland Avenue, Calumet Park, IL
Price
$ 169,000
Property Attributes
  • MLS#12028355
  • TypeCommercial
  • CountyCOOK
  • CityCalumet Park
  • AreaCalumet Park
  • Zip60827
  • StyleCommercial
  • Year Built1964
  • Taxes$ 34152
  • Price$ 169,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1518
  • Lot Size10,648 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Huge price reduction! Property is located in Calumet Park TIF District and includes 2 buildings - main building is currently built out for a fast food restaurant, but all restaurant equipment has been removed. Property features a 1500 +/- square foot unit with kithcen, dining area, prep area, private office, bathroom and full basement with grease trap. Adjacent building consists of a large storage room, and heated 2-car garage on the first floor with an studio apartment above, which can be used as an office. Studio has kitchen, living room, sleepoing area and 1-1/2 baths. Fenced parking lot. Proeprty is surrounded by other fast food operators and close to the Marshfield exit off I57. This would be a great location for your fast food business, catering; food truck location, etc. Taxes are being appealed and anticipated to be less than half of current amount.

Price History
4/12/2024 Listed $199,900
4/29/2024 16% - $169,000

General Features

Cooling Central Air
Utilities Electric to Site,Gas to Site,Water-Municipal,Water to Site
Possession Closing
Roof Composition
Zoning COMMR
Year Built 1964
Electric Service - 101 to 200 Amps
Stories 2
Township Calumet
Property SubType Free Standing Store,Restaurant
Tax Year 2021
Current Use Commercial
County Cook
Property Type Commercial Sale
Status Active
Directions Take S Marshfield Ave; Turn right on W 127th St; Turn right on W Ashland Ave
City Calumet Park
Total Units 2
MLS Area Calumet Park
Lot Size Square Feet 10648
Street Name Ashland
Tax Annual Amount 34152
Additional Parcels Y/N Yes
Leasable Area 3000
Days on Market 24
Lease Type N/A
Standard Status Active
Property Type Retail/Stores

Interior Features

Street Suffix Avenue

Exterior Features

Building Area Total 1518
Lot Dimensions 100X107
Frontage Type City Street
Exterior Block

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 Commercial Average in 60827

Price
AVG $130K
$170K
Taxes
AVG $24,944
$34,152
Visits
AVG 105
43
Data Provided by Inside Real Estate®
Year Built
AVG 1959
1964

Areas We Cover