Located on the historic Ashland Ave in sought after Auburn Gresham this mixed use building offers over 2500 sq feet and provides tremendous oppertunity for a buyer who is looking for office space while creating cash flow with the large apartment on the second floor. The building has had some major ticket items completed such as electric, roof, the main level has been framed out and can be the perfect office, shop with offsetting the income by the apartment on the second floor. The current layout has this as one large apartment but previous use has showed this as a having three apartments in the space. Reconfigure this to bring out the best space possible and create a passive investment while building equity!
Pending
$99,900
8551 S Ashland Ave, Chicago, IL 60620
4beds
--sqft
Multi Family
Built in 1931
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 46 days |
- 17 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Ryan Smith (708)246-6300,
RE/MAX Premier
Source: MRED as distributed by MLS GRID,MLS#: 12679791
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas
Features
- Basement: Unfinished,Full
Property
Parking
- Total spaces: 4
- Parking features: Yes
Lot
- Size: 2,700 Square Feet
Details
- Parcel number: 20323150180000
- Special conditions: Real Estate Owned
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- New construction: No
- Year built: 1931
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & HOA
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $71,000
- Annual tax amount: $3,194
- Date on market: 6/16/2026
- Ownership: Fee Simple
Foreclosure details
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/22/2026 | Listing removed | $99,900 |
Source: REMAX Report a problem | ||
| 5/20/2026 | Pending sale | $99,900-56.5% |
Source: REMAX Report a problem | ||
| 5/21/2024 | Listing removed | -- |
Source:  MRED as distributed by MLS GRID #11944657 Report a problem | ||
| 1/18/2024 | Contingent | $229,900 |
Source: MRED as distributed by MLS GRID #11944657 Report a problem | ||
| 12/10/2023 | Listed for sale | $229,900+75.5% |
Source: MRED as distributed by MLS GRID #11944657 Report a problem | ||
| 3/10/2023 | Listing removed | -- |
Source: MRED as distributed by MLS GRID #11359537 Report a problem | ||
| 6/4/2022 | Listing removed | $130,999 |
Source: MRED as distributed by MLS GRID #11359537 Report a problem | ||
| 5/22/2022 | Price change | $130,999-1.9% |
Source: MRED as distributed by MLS GRID #11359537 Report a problem | ||
| 5/9/2022 | Price change | $133,500-1.1% |
Source: MRED as distributed by MLS GRID #11359537 Report a problem | ||
| 4/6/2022 | Price change | $135,000-10% |
Source: MRED as distributed by MLS GRID #11359537 Report a problem | ||
| 3/29/2022 | Listed for sale | $150,000+76.5% |
Source: MRED as distributed by MLS GRID #11359537 Report a problem | ||
| 11/18/2021 | Sold | $85,000-26.1% |
Source: MRED as distributed by MLS GRID #11207396 Report a problem | ||
| 11/12/2021 | Pending sale | $115,000 |
Source: MRED as distributed by MLS GRID #11207396 Report a problem | ||
| 10/20/2021 | Contingent | $115,000 |
Source: MRED as distributed by MLS GRID #11207396 Report a problem | ||
| 9/23/2021 | Listed for sale | $115,000 |
Source: MRED as distributed by MLS GRID #11207396 Report a problem | ||
| 9/16/2021 | Contingent | $115,000 |
Source: MRED as distributed by MLS GRID #11207396 Report a problem | ||
| 9/2/2021 | Listed for sale | $115,000+155.6% |
Source: MRED as distributed by MLS GRID #11207396 Report a problem | ||
| 6/6/2019 | Sold | $45,000 |
Source: MRED as distributed by MLS GRID #10276127 Report a problem | ||
| 5/20/2019 | Pending sale | $45,000 |
Source: Charles Rutenberg Realty #10276127 Report a problem | ||
| 3/29/2019 | Price change | $45,000-18.2% |
Source: Charles Rutenberg Realty #10276127 Report a problem | ||
| 3/14/2019 | Listed for sale | $55,000 |
Source: Charles Rutenberg Realty #10276127 Report a problem | ||
| 3/5/2019 | Pending sale | $55,000 |
Source: Charles Rutenberg Realty #10276127 Report a problem | ||
| 3/2/2019 | Listed for sale | $55,000 |
Source: Charles Rutenberg Realty #10276127 Report a problem | ||
| 2/27/2019 | Pending sale | $55,000 |
Source: Charles Rutenberg Realty #10276127 Report a problem | ||
| 2/19/2019 | Listed for sale | $55,000 |
Source: Charles Rutenberg Realty #10276127 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,659 -25.4% | $7,100 -21.1% |
| 2023 | $2,225 +2.2% | $9,000 |
| 2022 | $2,176 +1.8% | $9,000 |
| 2021 | $2,137 -33.1% | $9,000 -26.6% |
| 2020 | $3,194 -2.8% | $12,255 -12% |
| 2019 | $3,285 0% | $13,927 |
| 2018 | $3,285 -25% | $13,927 -18.9% |
| 2017 | $4,381 +6.8% | $17,175 |
| 2016 | $4,101 +7.6% | $17,175 |
| 2015 | $3,813 +15.5% | $17,175 +16.6% |
| 2014 | $3,300 +23.2% | $14,730 |
| 2013 | $2,679 +1.4% | $14,730 |
| 2012 | $2,643 -12.4% | $14,730 -20.9% |
| 2011 | $3,017 -0.4% | $18,615 |
| 2010 | $3,029 +4.4% | $18,615 |
| 2009 | $2,903 +4.6% | $18,615 -3.8% |
| 2008 | $2,775 +1% | $19,346 |
| 2007 | $2,748 -1.1% | $19,346 |
| 2006 | $2,777 +60.9% | $19,346 +83.1% |
| 2005 | $1,726 +1% | $10,563 |
| 2004 | $1,709 +2.2% | $10,563 |
| 2003 | $1,671 | $10,563 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Gresham
Nearby schools
GreatSchools rating
- 4/10Cuffe Math-Sci Tech Elementary AcademyGrades: PK-8Distance: 0.6 mi
- 1/10Hirsch Metropolitan High SchoolGrades: 9-12Distance: 3.3 mi
Schools provided by the listing agent
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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