$409,900
( )
 $2,200 est/mo Sourced by Back At You

5225 S Ashland Avenue , Chicago, IL 60609

Chicago, IL 60609

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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.

Details

MLS#12222131
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year1920
Days On Site63
Listing Provided ByChicago Real Estate Authority | Scott Siegel

Features

Story(s)3
Units4
ZoningCOMMR

Market Activity 60609

The information is being provided by MRED. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 MRED. All Rights Reserved.

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Learn More About This Property

StateIL
CountyCook
CityChicago
Zip Code60609
AreaCHI New City
Listing VS Median (in 60609)
Price:
$409,900
low | high
Med:
$215,000
97.548182483533% of Average
On Site:
63
low | high
Med:
134.000000
47.014925373134% of Average
Sourced by Back At You
Listing Updated: January 19, 2025 at 1:53:02 PM PST