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7920 S Greenwood Avenue, Chicago, IL 60619
$480,000
7920 S Greenwood Avenue, Chicago, IL 60619View this property at 7920 S Greenwood Avenue, Chicago, IL 60619
7920 S Greenwood AvenueChicagoIL60619
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Property Description
Discover the unparalleled potential of 7920 S Greenwood Ave, a remarkable 12,500 square foot gem nestled in Chicago's vibrant Chatham community. Formerly an adult day care center, this awe-inspiring facility underwent a breathtaking transformation in 2021, evolving into a dynamic hub tailored to meet the diverse needs of multiple businesses, spanning technology, hair/skin care product manufacturing, and consulting. Step into the southern side of this extraordinary space and be greeted by two meticulously renovated office spaces, complemented by a brand-new office exuding contemporary elegance. A revamped mail room/IT room sets the stage for seamless operations, while a transformed library now boasts a state-of-the-art multimedia conference room, designed to inspire collaboration among teams of 8-12 visionaries. Indulge your senses in the southern realm's culinary haven-a fully equipped kitchen beckoning culinary creativity. Across the expanse, an airy open room hums with artisan manufacturing prowess, adjoined by a capacious garage that will house over 10 cars, effortlessly accessed by a roll-up door. Completing this sanctuary are two lavishly appointed bathrooms, adding a touch of luxury to every corner. Journey to the northern side of this architectural masterpiece, where two expansive offices await, each a sanctuary of productivity and innovation. A revitalized welcome area/lobby greets guests with sophistication, while a sprawling open space beckons as the perfect canvas for transformative conferences or additional office sanctuaries. This wing also houses two additional bathrooms, alongside raw, unrenovated space ripe with potential for conversion into co-working paradises. Bask in the glow of recent updates-a meticulously repaired roof, meticulous tuckpointing and masonry work, plumbing enhancements including a new water heater and four gleaming toilets, and the installation of some new doors, elevating the ambiance of the conference room and lobby with an air of contemporary chic. Envision the limitless possibilities of this extraordinary space, originally envisioned as a beacon for entrepreneurial spirits, startups, and non-profit entities seeking to carve their path to success. This Property is Being Sold As Is, this unparalleled opportunity invites you to step into a realm where dreams are born and greatness is realized.
Full Property Details
Full Property Details for 7920 S Greenwood Ave
General
- Price: $480,000
- Taxes: (2022)
- Status: Active
- Type: Commercial
- MLS ID: 11995054
- Updated: 3/12/2024
- Added to Site: 54 day(s) ago
Interior
- Interior Features: Common Meeting Room(s), Accessible Entrance, Overhead Door(s), Public Restroom(s), Storage Inside
- Flooring: Tile
Additional Information
- Security/Safety: Fire Extinguisher(s), Other
Location
- Area: CHI - Chatham
- County: Cook
- Township: Hyde Park
- Driving Directions: 79th and Stoney Island West to Greenwood
- Location Details: Chicago South, Mixed-Use Area, Freestanding/Urban
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Building Heat, Forced Air
Structural Information
- Construction: Concrete, Block
- Exterior Const.: Brick, Other
- Foundation: Concrete Perimeter
- Roof: Other
- Drive-In Doors: 2
- Loading: Exterior
- Sub-Flooring: Tile
- Stories/Levels: 1
- Square Feet: 12,500
- Year Built: 1956
- Built Before 1978: Yes
Lot Features
- Lot Size (Acres): 0.28
- Lot Size (Sq. Ft.): 12,500
- Lot Dimensions: 100 x 125
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Operating Expenses: $7,000
- Security Deposit: Fire Extinguisher/s, Other
- Assessment Year: 1956
- Tax Year: 2022
Disclosures and Reports
- Property ID: 20351050290000
Listed by RE/MAX 10 Lincoln Park and Re/Max 10
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Schools
Schools serving 7920 S Greenwood Ave
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
8045 S Kenwood Ave, Chicago, IL 60619 | PK-8 | 0.4 mi | |
7740 S Ingleside Ave, Chicago, IL 60619 | 9-12 | 0.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7920 S Greenwood Ave
Date
Details
Price
Change
Source
3/06/2024
Listed
$480,000
50%
MLS
2/08/2021
Sold
$320,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7920 S Greenwood Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
100%
100%
2021
100%
100%
2020
100%
100%
2019
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7920 S Greenwood Ave
7920 S Greenwood Avenue, Chicago, IL 60619 (MLS# 11995054) is a Commercial property. 7920 S Greenwood Avenue is currently listed for $480,000 and was received on March 06, 2024. Want to learn more about 7920 S Greenwood Avenue? Do you have questions about finding other Commercial real estate for sale in Chatham? You can browse all Chatham real estate or contact a Coldwell Banker agent to request more information.