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$40,000
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Property Description
This small storefront is located on busy corner on 87th st! This building is need of a full rehab. Building includes some Kitchen Equipment, Ansul System, and Exhaust Fan hood. A great start for any new restaurant or catering kitchen! It also features a side gate with private parking for easy loading/unloading or employee parking. Come check out this small space with BIG possibilities!
Full Property Details
Full Property Details for 8701 S Exchange Ave
General
- Sold For: $40,000
- Taxes: $7,219 (2022)
- Status: Closed
- Type: Commercial Service
- Source: MRED
- MLS ID: 12017412
- Added to Site: 655 day(s) ago
Interior
- Flooring: Vinyl
Additional Information
- Security/Safety: Ansul System, Hydrants on Site
Location
- Area: CHI - South Chicago
- County: Cook
- Driving Directions: From I94 Exit 87th St, head East to SE Corner of Exchange
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Gas
Structural Information
- Sub-Flooring: Vinyl
- Stories/Levels: 1
- Square Feet: 2,000
- Year Built: 1913
Lot Features
- Lot Size (Sq. Ft.): 3,750
- Lot Dimensions: 30 x 125
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Ansul System, Hydrants On Site
- Assessment Year: 1913
- Tax Amount: $7,219.13
- Tax Year: 2022
Disclosures and Reports
- Property ID: 26062020010000
Listed by Realty Executives Elite
Sold by Ellawease Earls
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Schools
Schools serving 8701 S Exchange Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Mireles Elementary Academy 9000 South Exchange Avenue, Chicago, IL 60617 | K-8 | 0.4 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 8701 S Exchange Ave
Date
Details
Price
Change
Source
1/31/2025
Sold
$40,000
-20%
MLS
4/01/2024
Listed
$50,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8701 S Exchange Avenue, Chicago, IL 60617 (MLS# 12017412) is a Commercial Service property that was sold at $40,000 on January 31, 2025. Want to learn more about 8701 S Exchange Avenue? Do you have questions about finding other Commercial Service real estate for sale in South Chicago? You can browse all South Chicago real estate or contact a Coldwell Banker agent to request more information.

