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8501-8511 S Stony Island Avenue, Chicago, IL 60617
$295,000
8501-8511 S Stony Island Avenue, Chicago, IL 60617View this property at 8501-8511 S Stony Island Avenue, Chicago, IL 60617
8501-8511 S Stony Island AvenueChicagoIL60617
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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!
Full Property Details
Full Property Details for 8501-8511 S Stony Island Ave
General
- Price: $295,000
- Taxes: $18,912 (2022)
- Status: Active
- Type: Store
- MLS ID: 11993331
- Updated: 3/6/2024
- Added to Site: 61 day(s) ago
Additional Information
- Security/Safety: Alarm on Site
Parking
- Parking Features: 6 to 12 Spaces
Location
- Area: CHI - Avalon Park
- County: Cook
- Township: Hyde Park
- Driving Directions: South or North on Stony Island to Building
- Location Details: Central Business District, TIF Zone, In City Limits, High Traffic Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Utilities
- Onsite: Electricity to Site, Gas to Site, Municipal Water
Structural Information
- Foundation: Concrete Perimeter
- Stories/Levels: 1
- Square Feet: 4,690
- Year Built: 1925
Lot Features
- Lot Size (Sq. Ft.): 21,823
- Lot Dimensions: 139 x 157
- Drainage: Storm Sewers
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Alarm On Site
- Assessment Year: 1925
- Tax Amount: $18,912
- Tax Year: 2022
Disclosures and Reports
- Property ID: 20363160030000
Listed by Legacy Brokers Group
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Price & Sales History for 8501-8511 S Stony Island Ave
Date
Details
Price
Change
Source
2/29/2024
Listed
$295,000
—
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 8501-8511 S Stony Island Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
$1,720
1%
$7,150
—
2021
$1,695
-9%
$7,150
—
2020
$1,854
11%
$7,150
—
2019
$1,666
2%
$7,150
—
2018
$1,637
118%
$7,150
20%
2017
$750
-45%
$5,978
—
2016
$1,364
7%
$5,978
—
2015
$1,269
-1%
$5,978
—
2014
$1,285
1%
$5,978
—
2013
$1,271
2%
$5,978
—
2012
$1,249
—
$5,978
—
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 8501-8511 S Stony Island Ave
8501-8511 S Stony Island Avenue, Chicago, IL 60617 (MLS# 11993331) is a Store property. 8501-8511 S Stony Island Avenue is currently listed for $295,000 and was received on February 29, 2024. Want to learn more about 8501-8511 S Stony Island Avenue? Do you have questions about finding other Store real estate for sale in Avalon Park? You can browse all Avalon Park real estate or contact a Coldwell Banker agent to request more information.