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Commercial > Retail
Sold
07/12/2022
Sold Price
$550,000$83/ft²

8550 Stony Island Ave
Chicago, IL 60617

  • -
    Bed
  • -
    Bath
  • 6,600
    ft²
    Living Area
  • 0.3
    ac
    Lot Size
  • -
    Pool
  • -
    Car
  • 1988
    Year Built
  • -
    DOM
  • 5
    Permits
8550 Stony Island Ave, Chicago, IL 60617 is a 6,600 ft² commercial retail property property built in 1988 on a 0.310 acre lot with 5 construction permits. This commercial retail property is currently off market, and it was last sold in 2022 for $550,000.

    Permits

    8550 Stony Island Ave has 5 permit records of total value of $66,042.

    Permit History
    5
    Permits
    $66,042
    Total Permit Value
    February 27, 2013
    Description: Interior alterations to an existing office to accommodate a new convenience store per plans and violation correctionsJob Value: $50,000Status: issuedType: Renovation/alterationBusiness Name: Molite Electric; Wong Homan Stephen; Yusuf JohnsonApplicant: Mohamed NasserFees: $783Effective Date: 2013-02-27Permit Number: 100441988
    September 24, 2012
    Description: Installation of low voltage burglar alarm # 340-16364-01 sm busiJob Value: $124Status: issuedType: Electric wiringBusiness Name: ADT INCFees: $50Effective Date: 2012-09-24Permit Number: 100458348
    February 27, 2012
    Description: Replace existing ceiling tile (no grid work) & drywall- all work same as existing. Electrical on seperate permitJob Value: $10,000Status: issuedType: Easy permit processBusiness Name: Norman TAM Construction INCApplicant: Mohamed NasserFees: $200Effective Date: 2012-02-27Permit Number: 100429589
    February 27, 2012
    Description: Service existing addition ten new circuits for lighting and outletsJob Value: $3,918Status: issuedType: Electric wiringBusiness Name: EJ ElectricFees: $100Effective Date: 2012-02-27Permit Number: 100429582
    August 26, 2009
    Description: 10'x8 sign over side walkJob Value: $2,000Status: issuedType: SignsBusiness Name: American Public ART; Invalid; Novak Electric Sign CompanyApplicant: Nasser MohamedFees: $410Effective Date: 2009-08-26Permit Number: 100224973

    Current Ownership

    Information about the current owner(s).

    • Taxes Billed

      Taxes billed in 2021$33,835.09
      From latest Total Assessed Value23.71%
      Total Assessed Value$142,690
      =
      Land
      Assessed Value      $30,336
      +
      Additions
      Assessed Value      $112,354

      • In 2021, taxes billed for 8550 Stony Island Ave were $33,835.09, which is 23.71% from latest Total Assessed Value of $142,690.

    Property History

    8550 Stony Island Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 8550 Stony Island Ave

    • Hazard Risks

      Tornado
      209
      Particulates
      123
      Wind
      114
      Hail
      110
      Air Pollution
      104
      Weather
      104
      Ozone
      101
      Nat'l Avg
      100
      Carb Mono
      100
      Lead
      59
      Earthquake
      45
      Hurricane
      12

      • 12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 8550 Stony Island Ave.

      Walkability Index

      16 /20

      Very Walkable

      Most Walkable

      20-18

      Very Walkable

      17-15

      Somewhat Walkable

      14-10

      Car Dependent

      9-0

      8550 Stony Island Ave has a walkability score of 16 out of 20, which means that it is in a very walkable area.

      Temperature

      Seasonal temperature sampled over multiple years

      Winter
      Average

      27 °F

      Low

      20°F

      High

      34°F

      Summer
      Average

      72 °F

      Low

      62°F

      High

      81°F

      In the winter at 8550 Stony Island Ave, temperatures range from 19.87°F to 34.23°F with an average of 27.05°F. In the summer, the temperature ranges from 62.31°F to 81.37°F with and average of 71.84°F.

    School Information

    Public/private schools serving 8550 Stony Island Ave

      Public Schools

      Caldwell Academy of Math and Science Elementary School
      Grades: PK-8
      0.26  mi
      D-
      McDowell Elementary School
      Grades: KG-5
      0.46  mi
      D
      Chicago Vocational Career Academy High School
      Grades: 9-11
      0.69  mi
      F
      Bowen High School
      Grades: 9-12
      1.51  mi
      F
      * The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.

      Nearby public schools serving 8550 Stony Island Ave have ratings undefined, undefined, undefined, and undefined.

    Neighborhood

    This property is located in Avalon Park, Chicago, IL 60617.

    • Region

      • Boundary map of Avalon Park.

      Crime Index for 60617

      114

      Above national average
      114

      The crime index in 60617 is 114, which is 1.1 times higher than national average.

    • Seasonal Housing units 60617

      2%

      of housing is for seasonal rent.

      Daytime Population for 60617

      -20%

      of people during work hours.

    Market Trends

    Historical market data near 8550 Stony Island Ave over selected time period.

    Nearby Properties on Stony Island Ave

    USAILCook CountyChicagoStony Island-Ave