5000 S Ashland Avenue, Chicago, IL
$ 459,900
Property Attributes
  • MLS#11645568
  • TypeContingent
  • CountyCOOK
  • CityChicago
  • AreaCHI - New City
  • NeighborhoodNew City
  • Zip60609
  • Style
  • Year Built1902
  • Taxes$ 2641
  • Price$ 459,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size5,220 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description

WELCOME to this mixed-use money making machine! This unique brick building is now ready for a new owner. Located in a large corner double lot in an up and coming area. It offers 2 successful businesses with long-time leases and 4 apartments with long-time tenants. First store is a grocery store with restaurant in the back, second store is a cell phone/clothing store. All apartments have been very well maintained. Each unit has its own updated electrical panel. Every tenant in the 4 apartments own their refrigerator and stove/microwave. Newer roof, updated deck, large privacy iron fence with 3-4 Parking pads. Full basement, partially finished. Plus take advantage of the LOW PROPERTY TAXES on this massive building! Schedule your private showing today!

Price History
10/5/2022 Listed $459,900

General Features

Additional Parcels Y/N No
City Chicago
Contingency Other Contingency
Cooling Central Air, Window Unit(s)
County Cook
Days on Market 20
Directions N or S on South Ashland Ave, W on West 50th St. Property on corner of 50th St & Ashland
Electric Separate Meters
Gross Income 6300
Insurance Expense 2800
Lot Size Square Feet 5220
MLS Area CHI - New City
Possession Closing
Property SubType Apts/Stores
Property Type Commercial Sale
Property Type Mixed Use
Standard Status Active Under Contract
Status Contingent
Stories 2
Street Name Ashland
Tax Annual Amount 2641.38
Tax Year 2020
Tenant Pays Air Conditioning, Electricity, Heat
Total Units 6
Township Lake
Trash Expense 600
Water Sewer Expense 4200
Year Built 1902
Zoning COMMR

Interior Features

Street Suffix Avenue

Exterior Features

Lot Dimensions 46' X 112'
Total Parking 2


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 60609

AVG $310K
AVG $2,939
AVG 169
Year Built
AVG 1933
AVG 72
Data Provided by Walkscore ® not using MLS data