4748 S Ashland Avenue
Chicago, IL, 60609
$695,000
Beds
0 Baths
10,984 SqFt
0 Acres
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$695,000
4748 S Ashland Avenue
Chicago, IL, 60609
MLS #MRD12213343 img 0
Introducing a prime income-producing investment opportunity in the Back of the Yards neighborhood at 4748 South Ashland Avenue, Chicago, IL, 60609. This 10,000 SF, 2-story building offers a spacious and versatile layout on the 1st floor with a long-term daycare tenant, ideal for an office on the second floor, ready for your design. 3 city lots of crucial & suburb parking-2,228 SF. Situated in the vibrant Chicago area, this property presents a compelling opportunity for investors seeking a strategic addition to their portfolio. With its prime location and ample space, this property is prepped to meet the demands of modern businesses. Take advantage of this rare chance to secure a valuable asset in a thriving commercial real estate market. -Versatile office space in a high-demand area. -Recently renovated and well-maintained building. -Excellent visibility and accessibility with a high walk score of 85/100. -City Reinvestment Opportunity. -Invest in the west corridor. -Potential for customization & value-added potential to suit specific business needs. -Ample parking lot for employees and visitors. -Proximity to critical amenities and transportation options. -Strong potential for rental income or owner-occupation. -Potential for value appreciation in a thriving market.

Property Details

Price:
$695,000
MLS #:
MRD12213343
Status:
Active
Beds:
0
Baths:
0
Address:
4748 S Ashland Avenue
Type:
Commercial
Subtype:
Apts/Ofc/Store,Ofc/Store
Neighborhood:
CHI – New City
City:
Chicago
Listed Date:
Nov 18, 2024
State:
IL
Finished Sq Ft:
10,984
Total Sq Ft:
10,984
ZIP:
60609
Year Built:
1912

Schools

Interior

Cooling
Central Air
Flooring
Tile

Exterior

Construction Materials
Brick, Concrete, Stone
Roof
Membrane

Financial

Net Operating Income
$51,382
Tax Year
2023
Taxes
$23,028
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Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.

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4748 S Ashland Avenue
Chicago, IL