$409,900
5225 S Ashland Avenue
Chicago, IL, 60609
5225 S. Ashland is a 4-unit mixed-use building located in Chicago’s up & coming Back-of-the-Yards neighborhood. This asset has an in-place cap rate of 7.2 (pro forma cap is 15), is composed of 3 BIG apartments (1 x 2/1 & 2 x 3/2s), 1 Store and has a lease thru February 2027 and plenty of rental upside. Hungry? Sustenance at Aldi & Mariano’s are just 10 & 13 minutes away respectively. Need to get back to the office? The CTA’s Roosevelt & Western station is a 12-minute walk from your front door. Need to get out of Dodge? The Eisenhower Expressway is a 4-minute drive due North. 16th Ward Alderman Stephanie Coleman runs the show. Information deemed reliable, but not guaranteed. Use diligence.
Property Details
Price:
$409,900
MLS #:
MRD12222131
Status:
Active
Beds:
0
Baths:
0
Address:
5225 S Ashland Avenue
Type:
Commercial
Subtype:
Apts/Stores
Neighborhood:
CHI – New City
City:
Chicago
Listed Date:
Dec 6, 2024
State:
IL
ZIP:
60609
Year Built:
1920
Schools
Interior
Cooling
None
Exterior
Financial
Tax Year
2022
Taxes
$1,645
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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5225 S Ashland Avenue
Chicago, IL
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