8501-8511 South Stony Island AvenueChicago, IL 60617Price: $295,000

  • Price: $295,000
  • 50 Days on Market
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Federal 30-year interest rate: 7.1% last updated on Apr 18, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 4,690Square Feet
  • 1925Year Built

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Prime Stoney Island Property Located in a TIF Zone: This newly remodeled medical office is seeking its next chapter with a versatile 7-room space, boasting a generously sized conference room stand ready to be reimagined. A welcoming reception and waiting area, plus two bathrooms, ensure a smooth flow for any venture and even include the existing furniture. But wait, there's more! This gem sits on five prime parcels of land, offering ample room for expansion. Think future phases, rooftop gardens, or even standalone outbuildings-the potential is truly limitless! This property basks in exceptional visibility and foot traffic. Bustling streets, diverse local businesses, and community events draw a lively crowd eager to connect. Plenty of parking sits ready to serve your patrons (a rarity in the area!), while overflow can utilize convenient nearby street parking. Picture this: A Salon Suite Oasis: Attract a diverse range of beauty and wellness professionals, creating a one-stop shop for Stony Island's self-care needs. Imagine massage therapists calming anxieties while stylists work their magic, all under one roof. A Tech HQ: Transform patient rooms into buzzing workstations, the conference room into a sleek brainstorming hub, and welcome the digital revolution to Stony Island! A Creative Oasis: Open the doors to a thriving art studio, dance academy, or co-working space, and nurture the artistic soul of the community. A Wellness Sanctuary: Reimagine the space as a medispa, yoga studio, massage therapy center, or holistic wellness haven, promoting health and well-being in every corner. This versatile haven, with its individual suite potential, expansive land, and prime location, offers an unmissable opportunity. So, unleash your creativity and watch this former medical office become the next Stony Island success story! Contact us today to schedule a tour and become a part of this dynamic neighborhood's exciting transformation!

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Listed by Jessica Kelly of Legacy Brokers Group

Based on information submitted to MRED  as of April 20, 2024 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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