8622 W Summerdale Avenue, Chicago, IL 60656 - Photo 1

1/1

$1,030,000

Sold
Closed
Commercial
6,300 Sq. Ft.

1/1

Property Description

Fully Occupied All Brick 6 Unit Building Located in The O'Hare-Chicago Submarket. Unit 1-N Is A 3 Bed 1.1 Bath and The Tenant Is M-T-M. Unit 1-S Is A 1 Bed 1 Bath and The Lease Expires 9-30-25. Unit 2-N Is A 2 Bed 1 Bath and The Tenant Is M-T-M. Unit 2-S Is A 2 Bed 1 Bath and The Tenant Is M-T-M. Unit 3-N Is A 2 Bed 1 Bath and The Lease Expires 9-30-25. Unit 3-S Is A 2 Bed 1 Bath and The Tenant Is M-T-M. Tenants Pay Electric. Current Income Is $7300 Per Month / $87,600 Per Year. The 2024 Expenses Were; Gas $3575.24, Water $3051.04, Common Area Electric $530.18, Garbage $2435.41 and The 2025 Building Insurance Is $3887.53 There Are 6 A/C Units Included. Roof Was Replace Is 2016. Seller Does Not Have The Ages Of The Mechanicals Or Windows. Mechanicals Are Maintained Annually.

Full Property Details

Full Property Details for 8622 W Summerdale Ave

General

Sold For: $1,030,000
Taxes: $16,035 (2023)
Status: Closed
Type: Commercial
Source: MRED
MLS ID: 12461483
Added to Site: 127 day(s) ago

Interior

Interior Features: Storage Inside

Location

Area: CHI - O'Hare
County: Cook
Driving Directions: EAST RIVER ROAD 2 BLOCKS NORTH OF FOSTER TO SUMMERDALE....EAST ON SUMMERDALE TO 8622 W. SUMMERDALE AVE.

Heating & Cooling

Cooling Type: Window Unit(s)
Heating Type: Central Building Heat, Gas, Hot Water

Structural Information

Construction: Brick
Exterior Const.: Brick
Basement Desc.: Partially Finished, Bath/Stubbed, Storage Space
Foundation: Concrete Perimeter
Roof: Composition
Stories/Levels: 3
Square Feet: 6,300
Current Bldg. Use: Multi-Family
Year Built: 1974
Built Before 1978: Yes

Unit Information

Units w/Refrigerators: 6
Units w/Range/Oven: 6

Lot Features

Lot Size (Sq. Ft.): 5,900
Lot Dimensions: 44 x 132
Zoning: MULTI

Financial Considerations

Operating Expenses: $29,515
Assessment Year: 1974
Tax Amount: $16,035.27
Tax Year: 2023
Tenant Pays: Air Conditioning, Electricity

Disclosures and Reports

Property ID: 12111160240000

Listed by @properties Christieï¿½s International Real Estate
Sold by Century 21 Circle

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Schools

Schools serving 8622 W Summerdale 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	0.2 mi
Taft High School 6530 West Bryn Mawr Avenue, Chicago, IL 60631	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 8622 W Summerdale Ave

Date

Details

Price

Change

Source

12/08/2025

Sold

$1,030,000

5.64%

MLS

9/02/2025

Listed

$975,000

—

MLS

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

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8622 W Summerdale Avenue, Chicago, IL 60656 (MLS# 12461483) is a Commercial property that was sold at $1,030,000 on December 08, 2025. Want to learn more about 8622 W Summerdale 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.

8622 W Summerdale Ave Chicago, IL 60656