Property profile

8620 S Summit Ave Chicago, IL 60620

FOR SALE
Office Spaces
Property ID
US28-2544782
2,000 SF Built 1973
Saved · see the list in your Dashboard
No photos on file
For Sale
Contact for pricing 2,000 SF
8620 S Summit Ave, Chicago, IL 60620
View Listing →

Property summary

AI-generated overview

This exceptional 2,000 square foot executive office space is ideally situated in Chicago, Illinois, at 8620 S Summit Ave, zip code 60620, within Cook County. Built in 1973, this property presents a fantastic opportunity for businesses seeking a convenient and accessible location. The asking price is $125,000. A key advantage is its proximity to the Metra train station, ensuring easy commuting for employees and clients. The office is also conveniently located near 87th Street and several expressways, providing excellent access to major transportation routes throughout the city and surrounding areas. This makes it an attractive option for businesses needing convenient access to public transportation and major roadways. The property's 2,000 square feet offer ample space for various business configurations, making it suitable for a range of professional needs. The address is easily accessible and visible from the street. This property is a rare find, combining prime location with a competitive price point. Don't miss the chance to own this well-positioned executive office space.

Property profile

Verified
Property type Office Spaces
Year built 1973
Total area 2,000 SF
UPID US28-2544782

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8620 S Summit Ave Chicago, IL 60620
Chicago metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message