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4823 S Ashland Ave
Chicago, IL 60609
Retail Property For Sale
Investment Highlights
- Heavy foot traffic
- Area is in the process of improvement
Executive Summary
Amazing potential! We have 2 other buildings for sale that we can make a package deal on! just ask us about them.. Very visible storefront on major street Ashland! The first floor tenant is a well run business. 2nd floor host a 4 bedroom 2 bathroom apartment! Building is 4,150 sq. ft. Area has received TIF funding and is evident when you see the brand new sidewalks. City also is investing heavily in the area. Design Bridge United Yards has a whole website of the planned construction. United Yards is the winning competition proposal for the New City / Back of the Yards INVEST SOUTHWEST RFP hosted by the City of Chicago. The master plan for United Yards consists of 4 sites.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
4,150 SF
Building Class
C
Year Built
1894
Price
$165,000
Price Per SF
$39.76
Tenancy
Single
Building Height
2 Stories
Building FAR
1.57
Lot Size
0.06 AC
Opportunity Zone
Yes
Zoning
B3-2 - Community Shopping District with a floor area ratio of 2.2, allowing for both commercial and residential use
Parking
2 Spaces (0.48 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
Property Taxes
| Parcel Number | 20-08-108-007-0000 | Improvements Assessment | $16,335 |
| Land Assessment | $1,665 | Total Assessment | $18,000 |
Property Taxes
Parcel Number
20-08-108-007-0000
Land Assessment
$1,665
Improvements Assessment
$16,335
Total Assessment
$18,000
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