$1,200,000
5158 N Ashland Avenue
Chicago, IL, 60640
First time on the market in over 50 years! Great investment opportunity awaits in the heart of the highly desired Andersonville neighborhood! This is a corner mixed-use building located on two very busy streets Foster and Ashland, with great foot traffic and close to public transportation, shops, and restaurants. The building currently has 2 office retail spaces on the 1st floor and 4 apartments on the second and third floors, and an unfinished basement. Each office has a kitchen and half bathroom and each apartment upstairs has 3 bedrooms, a kitchen, and one bathroom. There are 7 separate electric meters in the basement. The heating is gas and the gas boiler was replaced in 2020. The back staircases and porches were replaced in 2007. The roof was replaced in 2014. The law firm that’s on the 1st floor will be vacating the building before closing so the building will be delivered fully empty and ready for your remodeling ideas and the opportunity to turn the two offices into apartments if you prefer to do so. Second-floor units will need more work than the 3rd floor units. Sold As Is!
Property Details
Price:
$1,200,000
MLS #:
MRD12001536
Status:
Active
Beds:
0
Baths:
0
Address:
5158 N Ashland Avenue
Type:
Commercial
City:
Chicago
Listed Date:
Mar 11, 2024
State:
IL
ZIP:
60640
Year Built:
1908
Schools
Interior
Cooling
Window Unit(s)
Exterior
Construction Materials
Brick
Financial
Buyer Agent Compensation
2% OF NET SALES PRICE MINUS $495Net Sale Price
Tax Year
2022
Taxes
$20,773
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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Courtesy of Cedar Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Chicago, IL. Detailed information about real estate listings held by brokerage firms other than Compass / The Debra Dobbs Group include the name of the listing broker. Neither the listing company nor Compass / The Debra Dobbs Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Chicago, IL. All rights reserved.
5158 N Ashland Avenue
Chicago, IL
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