8506 W Catalpa Avenue, Chicago, IL 60656 - Photo 1

1/1

$781,000

Sold
Closed
Commercial

1/1

Property Description

Excellent Location For This Excellent Investment Opportunity!! 5-Unit Building With 3 2-Bedroom, 2 1-Bedroom Building. Parking and Side Drive. Parking in Rear. All Units Occupied Some Long Term Tenants. Some Updates Done. Close To I-90, Downtown and Ohare. Close To Shopping, Public Transportation and Office Buildings For Easy Leasing!!

Full Property Details

Full Property Details for 8506 W Catalpa Ave

General

Sold For: $781,000
Taxes: $13,925 (2023)
Status: Closed
Type: Commercial
Source: MRED
MLS ID: 12280975
Added to Site: 427 day(s) ago

Location

Area: CHI - O'Hare
County: Cook
Driving Directions: CUMBERLAND S OF i-90 TO CATALPA (FRONTAGE) W TO BUILDING

Heating & Cooling

Heating Type: Hot Water

Structural Information

Exterior Const.: Brick
Stories/Levels: 3
Year Built: 1967
Built Before 1978: Yes

Unit Information

Units w/Refrigerators: 5
Units w/Range/Oven: 5

Lot Features

Lot Dimensions: 40 x 132

Financial Considerations

Operating Expenses: $27,678
Assessment Year: 1967
Tax Amount: $13,925
Tax Year: 2023

Disclosures and Reports

Property ID: 12111030140000

Listed by RE/MAX Enterprises
Sold by Komar

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— 8506 W Catalpa Ave —

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Schools

Schools serving 8506 W Catalpa Ave

School District:Chicago Public School District 299

Name	Grades	Distance
Dirksen Elementary School, Chicago, IL 8601 West Foster Avenue, Chicago, IL 60656	PK-8	0.5 mi
Taft High School 6530 West Bryn Mawr Avenue, Chicago, IL 60631	9-12	2.5 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 8506 W Catalpa Ave

Date

Details

Price

Change

Source

3/31/2025

Sold

$781,000

7%

MLS

1/29/2025

Listed

$729,900

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

3408 S 55th Ct, Cicero, IL 60804 - Photo 1

Just Listed

$249,900

3408 S 55th Ct Cicero, IL 60804

Single Family
Active
Updated 4 days ago

3
Beds
1
Total Bath
1,008
Sq. Ft.

Listed by Lisa Clemente (708) 268-8641

[Address not provided], Cicero, IL 60804 - Photo 1

Just Listed

$734,900

[Address not provided] Cicero, IL 60804

Multi-Family
Active
Updated 9 hours ago

6
Total Beds

5801 W 16th St, Cicero, IL 60804 - Photo 1

Just Listed

$795,000

5801 W 16th St Cicero, IL 60804

Multi-Family
Active
Updated 1 day ago

8
Total Beds

4813 W 22nd Pl, Cicero, IL 60804 - Photo 1

Just Listed

$595,000

Open House

4813 W 22nd Pl Cicero, IL 60804

Multi-Family
Active
Updated 3 days ago

6
Total Beds

1636 S 50th Ct, Cicero, IL 60804 - Photo 1

Price Reduced

-$20,000 (-3.51%)

$550,000

1636 S 50th Ct Cicero, IL 60804

Commercial
Active
Updated 1 day ago

3,686
Sq. Ft.

4606 W Cermak Rd, Cicero, IL 60804 - Photo 1

Price Reduced

-$60,000 (-8.16%)

$675,000

4606 W Cermak Rd Cicero, IL 60804

Commercial
Active
Updated 2 days ago

18,500
Sq. Ft.

Price Reduced

-$60,000 (-8.16%)

$675,000

4606 W Cermak Rd Cicero, IL 60804

Commercial
Active
Updated 2 days ago

18,500
Sq. Ft.

Price Reduced

-$60,000 (-8.16%)

$675,000

4606 W Cermak Rd Cicero, IL 60804

Commercial
Active
Updated 2 days ago

18,500
Sq. Ft.

8611 W Summerdale Ave, Chicago, IL 60656 - Photo 1

Sold

$880,000

8611 W Summerdale Ave Chicago, IL 60656

Multi-Family
Closed
Updated 2 days ago

8
Total Beds

8645 W Summerdale Ave, Chicago, IL 60656 - Photo 1

Sold

$750,000

8645 W Summerdale Ave Chicago, IL 60656

Multi-Family
Closed

8
Total Beds

8542 W Winnemac Ave, Chicago, IL 60656 - Photo 1

Sold

$799,000

8542 W Winnemac Ave Chicago, IL 60656

Multi-Family
Closed

5
Total Beds

8423 W Wilson Ave, Chicago, IL 60656 - Photo 1

Sold

$765,000

8423 W Wilson Ave Chicago, IL 60656

Multi-Family
Closed

6
Total Beds

8506 W Catalpa Avenue, Chicago, IL 60656 (MLS# 12280975) is a Commercial property that was sold at $781,000 on March 31, 2025. Want to learn more about 8506 W Catalpa Avenue? Do you have questions about finding other Commercial real estate for sale in O'Hare? You can browse all O'Hare real estate or contact a Coldwell Banker agent to request more information.

8506 W Catalpa Ave Chicago, IL 60656