8847 Ogden AVE new

Brookfield,IL 60513

$ 514900

- Bed

0 Bath

4482 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,482 sqft

Price per Sqft $114

MLS Listing ID 12185618

Year Built 1920

Annual Tax Amount $10,626

Tax Year 2023

Lot Dimensions 30X125

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.

Location

State IL

County Cook

Area Brookfield

Zoning MULTI

Interior

Cooling Central Air

Fireplace N

Exterior

Roof Type Membrane

Building

Dwelling Type Mixed Use

Level or Stories 2

Structure Type Brick,Concrete

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