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5501 N Ashland Ave
Chicago, IL 60640
Retail Property For Sale
Investment Highlights
- Initial 20-Year Ground Lease | Corporate Guarantee
- Rare 12.5 Percent Rental Increases Every Five Years
- Outparcel to Jewel-Osco | Operating Since 1974 | Chicago’s Number One Grocer
- National Tenant | Fifth Third Bank | “A-” Standard and Poor’s Credit Rating
- Irreplaceable Location | Andersonville Neighborhood of Chicago
- Drive-Thru | Adds Value and Flexibility to Existing or Future Tenancy
Property Facts
Property Type
Retail
Property Subtype
Bank
Building Size
4,434 SF
Building Class
B
Year Built
2005
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
0.43 AC
Zoning
C1-2
Parking
13 Spaces (0.69 Spaces per 1,000 SF Leased)
Frontage
108’ on N Ashland
Amenities
- Pylon Sign
- Drive Thru
Property Taxes
| Parcel Number | 14-08-100-016-0000 | Improvements Assessment | $110,875 |
| Land Assessment | $234,588 | Total Assessment | $345,463 |
Property Taxes
Parcel Number
14-08-100-016-0000
Land Assessment
$234,588
Improvements Assessment
$110,875
Total Assessment
$345,463
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