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8847 Ogden Avenue

Brookfield, IL 60513
  • $514,900
  • STATUS: Active Under Contract
  • ON SITE: 45 Days
  • MLS #: 12185618
Under Contract
UPDATED: 231 min ago
$514,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1920
County:
Area:

School Ratings & Info

Description

**Prime Commercial/Residential Property on Historic Route 66** Built in 1920, this meticulously maintained corner Brick building on historic Route 66 offers a total of 4,664 sq. ft. of Commercial and Residential space. The property includes four Bedrooms, 2 1/2 Baths, and a range of updated features. The ground floor houses a 1,250 sq. ft. hair salon, fully remodeled in 2015, with New Flooring, Lighting, HVAC, and Electrical. The salon is currently leased, with the tenant interested in renewing their lease upon its expiration in April 2025. The residential space includes a two-Bedroom apartment is currently occupied by owner and featuring a Living Room, Dining Doom, Kitchen with oak Cabinets, laminate Countertops, and an island for eating space, along with a full Bath and Laundry Room. There is also a vacant Studio apartment that can be rented out for additional rental income, with a Kitchenette and a three-quarter Bath. The property's back portion includes an unfinished 630 sq. ft.(45'x14') above the garage accessible from enclosed rear porch, providing potential for additional living space. An attached heated six-car garage with 220 electrical service was previously rented for by an antique car collector, offering further income potential. The building has been well-maintained, with New Windows replaced two years ago, storefront windows upgraded in 2023, and tuckpointing completed two years ago. There is also a large full unfinished Basement that is currently being used for storage. This property is ideal for both investors and business owners. The combination of a prime location, stable rental income, and opportunities for expansion makes it a rare find. With the owners retiring and considering relocation out of state, this is the perfect time to take advantage of this unique offering.

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© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-12-13T00:10:01.627 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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8847 Ogden Avenue Brookfield, IL 60513

  • Price: $514,900
  • Status: Active Under Contract
  • On Site: 45 Days
  • Updated: 231 min ago
  • MLS #: 12185618
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1920
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
**Prime Commercial/Residential Property on Historic Route 66** Built in 1920, this meticulously maintained corner Brick building on historic Route 66 offers a total of 4,664 sq. ft. of Commercial and Residential space. The property includes four Bedrooms, 2 1/2 Baths, and a range of updated features. The ground floor houses a 1,250 sq. ft. hair salon, fully remodeled in 2015, with New Flooring, Lighting, HVAC, and Electrical. The salon is currently leased, with the tenant interested in renewing their lease upon its expiration in April 2025. The residential space includes a two-Bedroom apartment is currently occupied by owner and featuring a Living Room, Dining Doom, Kitchen with oak Cabinets, laminate Countertops, and an island for eating space, along with a full Bath and Laundry Room. There is also a vacant Studio apartment that can be rented out for additional rental income, with a Kitchenette and a three-quarter Bath. The property's back portion includes an unfinished 630 sq. ft.(45'x14') above the garage accessible from enclosed rear porch, providing potential for additional living space. An attached heated six-car garage with 220 electrical service was previously rented for by an antique car collector, offering further income potential. The building has been well-maintained, with New Windows replaced two years ago, storefront windows upgraded in 2023, and tuckpointing completed two years ago. There is also a large full unfinished Basement that is currently being used for storage. This property is ideal for both investors and business owners. The combination of a prime location, stable rental income, and opportunities for expansion makes it a rare find. With the owners retiring and considering relocation out of state, this is the perfect time to take advantage of this unique offering.
Exterior Features

Exterior Building Type Brick Foundation Details Concrete Perimeter Outdoor Parking Parking-Street Roof Membrane Roof Structure Flat

Interior Features

Cooling Central Air Fireplaces Total 0 Heat Ventilation Forced AirHot Water Miscellaneous Inside Overhead Door/sPublic Restroom/sBasement Number Of Dishwashers 0 Number Of Dryers 1 Number Of Ranges 2 Number Of Washers 1

Property Features

Additional Parcels YN No Approximate Age Older Building Area Total 4482 Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show Yes Electric Circuit BreakersService - 101 to 200 Amps Fire Protection Alarm Monitored Geographic Locale Southwest Suburban Gross Income 27600 Gross Scheduled Income 27600 Insurance Expense 2880 Location Central Business DistrictHigh Traffic Area Mls Actual Status Contingent Number Of Tenants 1 Operating Expense 9517 Ownership Types Individual Possible Use Retail Property Sub Type Apts/Ofc/StoreApts/Stores Rental Price 0 Tax Annual Amount 10626 Tax Year 2023 Total Monthly Income 2300 Township Lyons Type Mixed Use Zoning MULTI

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of Century 21 Circle: 708-531-0800.


© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-12-13T00:10:01.627 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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