5158 North Ashland Avenue

Chicago, IL 60640

$1,200,000
Price
18
Beds
6
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

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...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 end of May 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. Sold As Is!
  1. Listed by Lora Vasileva • Cedar Realty
  2. Listed by David Labunski • Cedar Realty

Property Details for 5158 North Ashland Avenue

Area
CHI - Uptown
Township
Lake View
Zoning
MULTI

Location

Listing Courtesy of Cedar Realty
Add your commute
LISTING UPDATED: 04/26/2024 12:06 AM

Property Details for 5158 North Ashland Avenue

StatusActive
MLS #12001536
Days on Market51
Taxes$20,773 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Corridor-Interior Entrance
Year Built1908
Lot Size0.07 AC / 3,055 SF
CountyCook County

Location

Listing Courtesy of Cedar Realty
Add your commute

Building Information for 5158 North Ashland Avenue

Stories-Residences6Year Built1908Building Size-Lot Size0.07 AC / 3,055 SF

Payment Calculator

$8,280 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,549

Property Taxes

$1,731

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5158 North Ashland Avenue

General Information
Addtl Parking Information
  • Open Parking Spaces: 0.0
Location and General Information
  • Information: None
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Window Unit(s)
  • Electric: Other
  • Heat/Ventilation: Gas,Radiators
  • Num of Baths: 6.0
Property/Lot Information
  • Tenant Pays: Electricity
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Corridor-Interior Entrance
  • Lot Dimensions: 0.0701
  • Lot Size Square Feet: 3055.0
  • Stories: 3
  • Exterior Building Type: Brick
  • Construction: Brick
  • Fire Protection: Carbon Monoxide Detector(s)
Property and Assessments
  • Possible Use: Multi-Family, Retail
  • Public Document Count: 0
  • Photos Count: 38
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: $.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $.00
  • Maintenance Expense: $.00
  • Known Encumbrances: None Known
  • Janitor Expense: 0
  • Total Monthly Income: 0
  • Net Operating Income: $.00
  • Operating Expense: $.00
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 1
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 1
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 1
Unit 4
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 1
Unit 5
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 1
Unit 6
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 1
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 5158 North Ashland Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 5158 North 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
Charter - PK to 8
Charter - 10 to 12
Rating
School
Distance
McPherson Elementary School
PublicPK to 8

Amundsen High School
Public9 to 12

Passages Elementary Charter School
CharterPK to 8

YCCS-Truman Middle College HS
Charter10 to 12

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.

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5158 North Ashland Avenue is a multi-family home for sale in Chicago, IL 60640. This property was listed for sale on March 11, 2024 by Cedar Realty, it's currently listed at $1,200,000. This listing's school district is City Of Chicago School District 299. Nearby schools include McPherson Elementary School, Amundsen High School and Passages Elementary Charter School. 5158 North Ashland Avenue is a 18-bed, 6-bath, multi-family home built in 1908.

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 Cedar Realty

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.