Courtesy of Strauss Realty Ltd

5036-5058 N Ashland Avenue

Chicago, IL, 60640

$4,950,000

$4,950,000
Active
Active
 - For Sale
property_type
Commercial
calendar
Built 1920
Rare opportunity! Entire city block on busy North Ashland Avenue, bordered by West Carmen Avenue to the north and West Winnemac Avenue to the south. The site includes a 100 Ft. parking lot on the South end of the street, followed by a mix of residential buildings (ranging from a single-family home to a four-unit, two-story apartment building), as well as another vacant lot at the North end of the property. The existing residential buildings on the site are fully rented and produce positive net cash flow. Income Statement available upon request. All leases are short-term. Great potential for upzoning. Increase the density of residential units or develop more mixed-use property with this rare opportunity.
MLS® ID:
11434301
Listed:
6/13/22
Updated:
8/15/22

Exterior/Building Features

Lot Size
0.64 acres lot

Other Property Details

Area Name
CHI - Uptown
Taxes
$74287
Tax Frequency
per YEAR
Garage
No
Parking
N
Parking Total
50.0
View
N
County
Cook
Pool
No
Total Stories
2

 

Courtesy of Strauss Realty Ltd

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Data last updated 8:27 PM UTC, 8/15/22

 

 

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