7919 Ashland Ave, Chicago, IL 60620
12,200 SF | Office Building | Chicago, IL 60620 | $150,000 ($12/SF)
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $150,000
- Property Type
-
Office
- Square Feet
- 12,200 SF
- Price / Square Foot
- $12
Listing Contacts
Trudy Holmes
Verified Profile
Hassan Farmer
Verified Profile
- Property Info
Property Overview
Prime Redevelopment Site with Great Upside Potential
Priced to sell!
The owner will only entertain cash buyers or financing already in order and ready for quick close.
Included in purchase: Three-Story Former Bank Building and Two Parking Lots (adjacent parking lot next to the building and parking lot behind the building on 79th)
This is an exceptional opportunity to acquire a substantial property package with immense redevelopment potential. The centerpiece of this offering is a three-story former bank building that requires a complete gut renovation.
To maximize value and facilitate development, two adjacent parking lots are included in this sale. This combined package presents a unique chance to create a mixed-use or commercial development that caters to the demands of the local market.
Key Features:
Prime Location: Near the high traffic area of the intersection of 79th and Ashland Avenue
Three-Story Building: Offers substantial square footage for redevelopment.
Two Parking Lots: Provides ample parking or development options.
Redevelopment Potential: Create a high-value property through comprehensive renovation.
Land Assembly: Benefit from owning multiple parcels in a desirable location.
Flexible Use: Explore various development options to suit your vision.
Important Note:
The property is being sold "as-is" with no warranties or representations. The buyer assumes full responsibility for obtaining necessary permits, addressing code violations, and completing all renovations.
This is a unique opportunity for a savvy investor or developer to acquire a property with significant upside potential.
Priced to sell!
The owner will only entertain cash buyers or financing already in order and ready for quick close.
Included in purchase: Three-Story Former Bank Building and Two Parking Lots (adjacent parking lot next to the building and parking lot behind the building on 79th)
This is an exceptional opportunity to acquire a substantial property package with immense redevelopment potential. The centerpiece of this offering is a three-story former bank building that requires a complete gut renovation.
To maximize value and facilitate development, two adjacent parking lots are included in this sale. This combined package presents a unique chance to create a mixed-use or commercial development that caters to the demands of the local market.
Key Features:
Prime Location: Near the high traffic area of the intersection of 79th and Ashland Avenue
Three-Story Building: Offers substantial square footage for redevelopment.
Two Parking Lots: Provides ample parking or development options.
Redevelopment Potential: Create a high-value property through comprehensive renovation.
Land Assembly: Benefit from owning multiple parcels in a desirable location.
Flexible Use: Explore various development options to suit your vision.
Important Note:
The property is being sold "as-is" with no warranties or representations. The buyer assumes full responsibility for obtaining necessary permits, addressing code violations, and completing all renovations.
This is a unique opportunity for a savvy investor or developer to acquire a property with significant upside potential.
Property Details
- Class
- B
- Year Built
- 1928
- Stories
- 3
- Lot Size (sq. ft)
- 26,572 SF
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