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$257,500
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Property Description
Auburn Gresham Mixed use property located on high traffic Ashland Ave, this building has 2 Commercial Spaces and 1 Huge 3 bedroom 2 bathroom Apartment that is 2000 sqft, the building is fully occupied and just waiting on the right owner to add this investment to their portfolio
Full Property Details
Full Property Details for 8553 S Ashland Ave
General
- Sold For: $257,500
- Taxes: $3,597 (2023)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12459031
- Added to Site: 140 day(s) ago
Location
- Area: CHI - Auburn Gresham
- County: Cook
- Driving Directions: 87th Street East or West to Ashland North to Address
- Location Details: Chicago Southwest, In City Limits
Heating & Cooling
- Cooling Type: Partial
- Heating Type: Central Heat/Individual Controls, Forced Air, Gas
Structural Information
- Stories/Levels: 2
- # of Stores: 2
- Year Built: 1934
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 3,710
- Lot Dimensions: 35 x 106
Financial Considerations
- Lease Price: $11
- Operating Expenses: $8,998
- Assessment Year: 1934
- Tax Amount: $3,597.72
- Tax Year: 2023
- Tenant Pays: Electricity, Heat
Disclosures and Reports
- Property ID: 20323150400000
Listed by F.J. Williams Realty LLC
Sold by Real People Realty
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Schools
Schools serving 8553 S Ashland 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 | 0.6 mi |
Hirsch Metropolitan High School 7740 South Ingleside Avenue, Chicago, IL 60619 | 9-12 | 3.3 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 8553 S Ashland Ave
Date
Details
Price
Change
Source
10/23/2025
Sold
$257,500
—
MLS
8/29/2025
Listed
$257,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8553 S Ashland Avenue, Chicago, IL 60620 (MLS# 12459031) is a Commercial property that was sold at $257,500 on October 23, 2025. Want to learn more about 8553 S Ashland 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.

