5000 South Ashland Avenue

Chicago, IL 60609

$459,900
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

WELCOME to this mixed-use money making machine! This unique brick building is now ready for a new owner. Located in a large corner double lot in an up and coming area. It offers 2 successful businesses with long-time leases and 4 apartments with long-time tenants. First store is a grocery store with restaurant in the back, second store is a cell phone/clothing store. All apartments have been very well maintained. Each unit has its own updated electrical panel. Every tenant in the 4 apartments own...WELCOME to this mixed-use money making machine! This unique brick building is now ready for a new owner. Located in a large corner double lot in an up and coming area. It offers 2 successful businesses with long-time leases and 4 apartments with long-time tenants. First store is a grocery store with restaurant in the back, second store is a cell phone/clothing store. All apartments have been very well maintained. Each unit has its own updated electrical panel. Every tenant in the 4 apartments own their refrigerator and stove/microwave. Newer roof, updated deck, large privacy iron fence with 3-4 Parking spaces. Full basement, partially finished. Plus take advantage of the LOW PROPERTY TAXES on this massive building! Schedule your private showing today!
  1. Listed by Vanessa Villalva • Midwest Realty Executives LLC

Property Details for 5000 South Ashland Avenue

Area
CHI - New City
Township
Lake
Zoning
COMMR

Location

Listing Courtesy of Midwest Realty Executives LLC
Add your commute
LISTING UPDATED: 05/24/2024 11:42 AM

Property Details for 5000 South Ashland Avenue

StatusContingent
MLS #12059039
Days on Market7
Taxes$2,641 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1902
Lot Size0.12 AC / 5,220 SF
CountyCook County

Location

Listing Courtesy of Midwest Realty Executives LLC
Add your commute

Building Information for 5000 South Ashland Avenue

Stories-Residences6Year Built1902Lot Size0.12 AC / 5,220 SF

Payment Calculator

$2,730 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,510

Property Taxes

$220

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5000 South Ashland Avenue

General Information
Addtl Parking Information
  • Open Parking Spaces: 2.0
Location and General Information
  • Geographic Locale: Chicago Southwest
  • Information: 48-Hr Notice Required
  • Postal Code Plus 4: 4913
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air, Window Unit(s)
  • Electric: Separate Meters
  • Heat/Ventilation: Forced Air
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 4
Property/Lot Information
  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 46' X 112'
  • Lot Size Square Feet: 5220.0
  • Stories: 2
  • Fire Protection: Carbon Monoxide Detector(s)
  • # Of Offices: 0
  • # Of Stores: 2
  • Property Sub Type: Apts/Stores
Property and Assessments
  • Buyer Financing: Conventional, FHA, Cash
  • Public Document Count: 0
  • Photos Count: 34
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $6,300.00
  • Gross Scheduled Income: $75,600.00
  • Insurance Expense: $2,800.00
  • Insurance Expense Source: Owner Projection
  • Trash Expense Source: Owner Projection
  • Total Monthly Income: 6300
  • Water Expense Source: Owner Projection
  • Net Operating Income: $.00
  • Trash Expense: $600.00
  • Water Sewer Expense: $4,200.00

Property History for 5000 South Ashland Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5000 South Ashland Avenue

Taxable ValueLand$4,959Additions$8,829Total$13,788
Tax Record2018$1,366 ($114 / month)
Home Facts
Baths6.5Total Finished SqFt6,500 SqFtAbove Grade Finished SqFt6,500 SqFtStories2Lot Size5,220 SqFtStyleMulti-Family Res (5+ Units)Year Built1902CountyCOOKAPN20072300210000

Schools near 5000 South Ashland Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 10 to 12
Charter - K to 8
Rating
School
Distance
Richards Career Academy High School
Public9 to 12

CICS Basil
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Midwest Realty Executives LLC

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 05/24/2024 11:42 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.