5036-5058 North Ashland Avenue, Chicago, IL, 60640

$4,950,000

0.64

Acres

About 5036-5058 North Ashland Avenue

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.

Additional Information: This property is located in the CHI - Uptown neighborhood, IL. This 0 bedrooms multi family 5+ property is priced at $4,950,000.

Facts & Features

MLS® # 11434301
Price $4,950,000
Bathrooms 0.00
Taxes $74,287
Acres 0.64
Year Built 1920
Type Commercial Sale
Sub-Type Multi Family 5+
Status Active

Community Information

Address 5036-5058 North Ashland Avenue
Area CHI - Uptown
City Chicago
County Cook
State IL
Zip Code 60640

Amenities

Parking Spaces 50
Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Additional Information

Days on Market 114
Foreclosure No
Short Sale No
RE / Bank Owned No
Taxes $74,287

Listing Details

OfficeStrauss Realty Ltd

Listing Map

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