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    8173 S Chicago Ave Chicago, IL 60617

    Sponsored
    For Sale
    $175,000

    COMMERCIAL - Chicago, IL

    Type:Retail
    Lot size:
    0.11 Acres
    Days on Market:
    177
    Last Refresh:
    Jan 7 at 10:06 pm

    Property Features for 8173 S Chicago Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    COMMR
    APN
    20361160180000
    Lot size
    0.11 Acres

    Utilities

    Cooling system
    Window Unit(s)

    Building Details

    Year built
    1953
    Floors in Building
    1

    Real People Realty (708) 634-0104 [email protected]

    Listing agent Michelle Redd (219) 302-0809

    Listing date Jul 15, 2025

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chicago Commercial Property For Sale

    This commercial property in Chicago, Illinois, is zoned COMMR and presents an opportunity for various automotive-related businesses. The property is suitable for a car wash, tire shop, or auto shop. The lot size is approximately 0.11 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    U-Haul Neighborhood Dealer, Schepel scherivill in.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7749009
    Latitude
    41.8944748

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    FAQs

    What type of property is this?
    Automotive property - Commercial property suitable for car wash, tire, or auto shop.
    Where is this automotive property located?
    The property is located at 8173 S Chicago Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: - Perfect location for a Car wash, Tire or Auto Shop.; - Suitable for various automotive businesses.; - Year Built: 1953.
    (708) 634-0103
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    8173 S Chicago Ave Chicago, IL 60617
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8173 S Chicago Ave Chicago, IL 60617
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