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$2,000,000
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Property Description
7100 SF Commercial building with a large parking lot on a 19,950 SF lot. Located on historic Stony Island Ave, just South of E 88th Street. Family owned and operated for three generations, Kenwood liquors has been serving Chicago since 1949 and has occupied this location since 1970. Fully Equipped ADT Security System along with wireless cameras (32 total) throughout the retail space, storage areas and office. Private office overlooks retail space and equipped with speaker system and surround sound throughout. Retail space has multiple aisles, full back wall of coolers and counter space for six registers plus one portable register. Building has been well maintained with updated electrical (2019), HVAC (2014), hot water tank (2018) and brand new roof (2019). Included in sale: all remaining equipment, furniture and licenses; name is not included in the sale. Existing licenses transferrable in the sale: Retail Food, Packaged Goods and Liquor License. 0.9 Miles to the Woodruff/87th Street Metra Train Station, easy access to Lake Shore Drive and multiple bus stops. Area tenants include: AutoZone Auto Parts, CVS, Pizza Hut, The Licking, Dunkin' Donuts, Popeyes Louisiana Kitchen, Wingstop, Dollar Tree, Checkers, Pete's Produce, Citi Bank, Walgreens and much more.
Full Property Details
Full Property Details for 8810 S Stony Island Ave
General
- Sold For: $2,000,000
- Taxes: $30,633 (2019)
- Status: Closed
- Type: Business
- Source: MRED
- MLS ID: 10944548
Property History
- 8810 S Stony Island Ave, Chicago, IL
- Sold $2,000,000 on 6/15/23
- Price Reduced $3,000,000 on 2/28/22
- Listed $5,500,000 on 12/1/20
Business
- Name: KENWOOD LIQUORS
- Business Type: Grocery, Liquor Store
- Years in Business: 11 or More
Parking
- Total Spaces: 41
Location
- Area: CHI - Calumet Heights
- County: Cook
- Driving Directions: Starting at 88th and Stony Island, Head South on Stony Island to 8810
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Heat/Individual Controls
Structural Information
- Stories/Levels: 1
- Square Feet: 7,100
Lot Features
- Lot Size (Sq. Ft.): 19,950
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 200 x 100
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Tax Amount: $30,633
- Tax Year: 2019
- Tenant Pays: Air Conditioning, Electricity, Heat, Scavenger, Sewer
Disclosures and Reports
- Property ID: 25022150440000
Listed by @properties Commercial
Sold by Non Member
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Schools
Schools serving 8810 S Stony Island Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Mcdowell Elementary School 1419 East 89th Street, Chicago, IL 60619 | K-5 | 0.2 mi |
Caldwell Elementary Academy Of Math & Sci 8546 South Cregier Avenue, Chicago, IL 60617 | 6-8 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
8810 S Stony Island Avenue, Chicago, IL 60617 (MLS# 10944548) is a Business property that was sold at $2,000,000 on June 15, 2023. Want to learn more about 8810 S Stony Island Avenue? Do you have questions about finding other Business real estate for sale in Calumet Heights? You can browse all Calumet Heights real estate or contact a Coldwell Banker agent to request more information.

