Contingent

5700 S Ashland Avenue

Chicago, Illinois 60636


Irene Haddad
312.506.0200

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$595,000

Irene Haddad
312.506.0200
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Property Type
Commercial / Mixed Use
Neighborhood
West Englewood


This is a 2007 gut rehab building with great cash flow. This means, new plumbing, electrical, separate HVAC, windows, kitchens, bathrooms, metal porch, and much more. All units are 3 bedroom 2 bath. In unit washers and dryers. Most of the current tenants have been here for over 5 years. First floor commercial is a day care that has been here for 8 years and just signed a 3 + 3 extension. The building is in great shape and will periodically need only minor cosmetic improvements. With current income at asking price this is a 14% CAP. Rents are below market due to long term tenants and could easily be rented $250+ per unit higher. Don't miss out on this great opportunity. Show and sell!!!!



Full Features
Built: 1903
Cooling System: None
Stories: 3
Zoning: COMMR
Current Net Income: $10,614


Taxes & Assessments
Taxes: $7,713

Listing Office: Chicago Realty Professionals

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West Englewood

West Englewood is part of the Chicago South Side. Situated just south of Chicago's Loop, Chicago South has experienced rapid development in recent years, particularly in the South Loop neighborhood. Chicago South offers a wide range of housing styles, including…

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Nearby Public Transportation

CTA Rail

at Ashland/63rd (0.78 miles away)

Metra

at







5700 S Ashland Avenue Chicago, Illinois 60636 is a commercial / mixed use property, currently listed at $595,000. Want to learn more about 5700 S Ashland Avenue Chicago, Illinois 60636? Contact an @properties agent to request more info.


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