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6719 S Ashland Ave
Chicago, IL 60636
6719-6727 S Ashland Ave · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Redevelopment opportunity 0.5 miles from Green Line terminus
- Zoning allows 30,000-sf mixed use development
- 19,900 vehicles per day on Ashland Avenue
EXECUTIVE SUMMARY
Garage/body shop on three PINs creates an excellent redevelopment opportunity in West Englewood, four blocks south of Green Line terminus Keep the building and develop 8,325 of vacant land, or redevelop the entire 13,375-sf site. Zoning for 5,400-sf automotive shop and garage is C2-2, which allows for automotive use, rest of the site is B3-2. Zoning for all three PINs allow for 30,000 square feet of mixed-use redevelopment. IDOT traffic count is 19,900 daily. Owner prefers sale of entire package rather than piecemeal. Assessments were lowered on garage for 2024 tax year.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Auto Repair
Building Size
4,396 SF
Building Class
B
Year Built
1919
Price
$320,000
Price Per SF
$72.79
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.27
Lot Size
0.38 AC
Opportunity Zone
Yes
Zoning
B3-2 and C2-2
Frontage
150’ on Ashland Avenue
PROPERTY TAXES
| Parcel Number | 20-20-300-007-0000 | Improvements Assessment | $14,503 |
| Land Assessment | $2,498 | Total Assessment | $17,001 |
PROPERTY TAXES
Parcel Number
20-20-300-007-0000
Land Assessment
$2,498
Improvements Assessment
$14,503
Total Assessment
$17,001
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