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Investment Highlights

  • Newly Renovated 2,172 SQFT
  • Newly Paved 16 Car Gated Parking Lot
  • Offered with Existing Furnishings
  • Highly Visible Location with Good Signage

Executive Summary

Real Realty is pleased to offer for sale a remodeled single tenant office building in Chicago's Auburn Gresham neighborhood. The property offers 2,172 square feet of office space with multiple private offices, male and female bathrooms, and a break room. There is a newly paved gated parking lot for 13 car spaces.
The property is currently furnished with desks and file cabinets or can be delivered without. This represents an excellent owner/user opportunity or as an investment for someone who wants to lease the space to a tenant and collect cash flow.

Property Facts

Sale Type
Owner User
Property Type
Office
Building Size
2,172 SF
Building Class
C
Year Built
1962
Price
$356,659 CAD
Price Per SF
$164.21 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,172 SF
Building FAR
0.26
Lot Size
0.19 AC
Zoning
B1-1
Parking
14 Spaces (6.45 Spaces per 1,000 SF Leased)

Amenities

  • Controlled Access
  • Conferencing Facility
  • Security System
  • Storage Space
  • Air Conditioning
  • Smoke Detector
Moderately walkable
60/100
Very drivable
80/100
Good public transit
70/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 20-31-422-037-0000
  • 20-31-422-038-0000
  • 20-31-422-036-0000
Land Assessment
$25,059 CAD
Improvements Assessment
$40,427 CAD
Total Assessment
$65,485 CAD
  • Listing ID: 37538719

  • Date on Market: 2025-09-04

  • Last Updated:

  • Address: 8544 S Ashland Ave, Chicago, IL 60620

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