Chicago, IL 60609,5225 S Ashland Avenue
Chicago, IL 60609,5225 S Ashland Avenue
Chicago, IL 60609,5225 S Ashland Avenue
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UPDATED:

10/28/2024 05:25 AM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12194432

Year Built 1920

Annual Tax Amount $1,645

Tax Year 2022

Lot Dimensions 25 X 110

Property Description

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.

Location

State IL

County Cook

Zoning COMMR

Interior

Cooling None

Fireplace N

Exterior

View Y/N true


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Listed by Scott Siegel • Chicago Real Estate Authority

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Andy Svalesen

Agent | License ID: 475.198802

+1(312) 248-9882

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5225 S Ashland Avenue