8546-8554 S Stony Island Ave | Chicago, IL 60617
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8546-8554 S Stony Island Ave
Chicago, IL 60617
Value-Add Retail Center with Billboard · Retail Property For Sale
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
6,480 SF
Building Class
B
Year Built
1988
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.48
Lot Size
0.31 AC
Zoning
B3-2, Chicago - Shopping centers, large stores, and retail storefronts, often along major streets.
Parking
11 Spaces (1.7 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
About 8546-8554 S Stony Island Ave , Chicago, IL 60617
At the corner of 86th and Stony Island, this 6,480 square foot neighborhood retail center has potential to add value. The center is divided into four units with 1,000 square feet available. A new three-year, 2,000 square foot lease was signed in 2017. With the current income, the property can generate $63,464 of net income; fully leased, the property can potentially generate more than $81,000. This center is a great opportunity for a user or investor.
PROPERTY TAXES
| Parcel Number | 20-35-412-037-0000 | Improvements Assessment | $127,793 |
| Land Assessment | $33,708 | Total Assessment | $161,501 |
PROPERTY TAXES
Parcel Number
20-35-412-037-0000
Land Assessment
$33,708
Improvements Assessment
$127,793
Total Assessment
$161,501
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