$1,200,000 $6,442 est/mo Sourced by Back At You

5158 N Ashland Avenue,Chicago, IL 60640

Chicago IL, 60640

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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 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 before closing 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. Second-floor units will need more work than the 3rd floor units. Sold As Is!

Details

MLS#12001536
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1908
Days On Site69
Listing Provided ByCedar Realty | Lora Vasileva

Features

Story(s)3
Units6
ZoningMULTI
Acreage0.07

Market Activity 60640

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Listings Checked: 5 minutes ago
StateIL
CountyCook
CityChicago
Zip Code60640
AreaCHI - Uptown
Listing VS Median (in 60640)
Price:
$1,200,000
low | high
Med:
$332,450
100% of Average
On Site:
69
low | high
Med:
34.5
100% of Average
Sourced by Back At You
Listing Updated: May 15, 2024 at 3:13:40 PM PDT