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$489,000
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Property Description
Approximately 2,500 square feet of versatile commercial space suitable for an automotive or mechanical shop. The property features three separate bays, providing ample workspace for repair and servicing activities. An office area and lobby/waiting space offer a professional environment for interacting with customers. The large parking lot ensures convenient access and accommodates both staff and clients. The spacious garage area is well-equipped with the necessary infrastructure to support a wide range of mechanical services. The property's zoning allows for a variety of commercial uses, making it an ideal location for an automotive repair shop, machine shop, or other related business ventures. The open floor plan and multiple bays create an efficient and functional workspace, allowing for seamless workflow and the ability to handle multiple projects simultaneously. The lobby and waiting area offer a comfortable space for customers while their vehicles are serviced. Overall, this commercial property presents a compelling opportunity for an entrepreneur or established business looking to expand their operations in a well-appointed and strategically located facility.
Full Property Details
Full Property Details for 8257 S Racine Ave
General
- Price: $489,000
- Taxes: $16,431 (2022)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12320973
- Updated: 8/4/2025
- Added to Site: 286 day(s) ago
Additional Information
- Security/Safety: Alarm on Site, Fire Extinguisher(s)
Location
- Area: CHI - Auburn Gresham
- County: Cook
- Driving Directions: Corner of 83rd and Racine
- Location Details: Central Business District, Corner, Mixed-Use Area, Public Transport Avail, Freestanding/Urban
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Forced Air
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Drive-In Doors: 9
- Stories/Levels: 1
- Square Feet: 2,500
- Current Bldg. Use: Commercial, Automotive
- Year Built: 1957
Lot Features
- Lot Size (Sq. Ft.): 15,000
- Lot Dimensions: 15000
- Frontage: City Street
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Alarm On Site, Fire Extinguisher/s
- Assessment Year: 1957
- Tax Amount: $16,431
- Tax Year: 2022
- Tenant Pays: Insurance, Repairs, Sewer
Disclosures and Reports
- Property ID: 20322230190000
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 8257 S Racine Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Cuffe Math-Sci Tech Elementary Academy 8324 South Racine Avenue, Chicago, IL 60620 | K-8 | 0.1 mi |
Hirsch Metropolitan High School 7740 South Ingleside Avenue, Chicago, IL 60619 | 9-12 | 2.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8257 S Racine Ave
Date
Details
Price
Change
Source
7/29/2025
Price Reduced
$489,000
-0.2%
MLS
4/09/2025
Price Increased
$490,000
12.64%
MLS
4/07/2025
Listed
$435,000
—
MLS
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 8257 S Racine Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$11,800
3%
$55,928
—
2022
$11,503
2%
$55,928
—
2021
$11,247
-21%
$55,928
-12%
2020
$14,158
11%
$63,553
—
2019
$12,769
2%
$63,553
—
2018
$12,554
-1%
$63,553
8%
2017
$12,630
7%
$58,671
—
2016
$11,751
—
$58,671
-8%
2015
$11,719
18%
$63,954
19%
2014
$9,968
2%
$53,727
—
2013
$9,772
1%
$53,727
—
2012
$9,641
—
$53,727
—
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 8257 S Racine Ave
8257 S Racine Avenue, Chicago, IL 60620 (MLS# 12320973) is a Commercial property. 8257 S Racine Avenue is currently listed for $489,000 and was received on April 07, 2025. This property is listed by Irie Homes Group from our Southwest Office.Want to learn more about 8257 S Racine Avenue? Do you have questions about finding other Commercial real estate for sale in Auburn Gresham? You can browse all Auburn Gresham real estate or contact a Coldwell Banker agent to request more information.

