4751 S Ashland Avenue, CHICAGO IL 60609 Photo 1
Listing Courtesy of Family Pride Realty

No driving directions were found. Please adjust your search.

4751 S Ashland Avenue - Investors don't miss out! 8 units total, can subdivide as needed. Currently 6/8 occupied with steady cash flow. Current tenants will leave or stay for 1 year. Potentially $148,722 total gross income per year if fully occupied. Stores include Metro PCS, a jewelry store, nail salon, Restaurant (almost finished) , Dog Grooming and a Boutique/ clothing store. Updates include HVAC (1 year old), new doors, newer roof (2 years), and recent build outs with bathrooms. 1230 sq ft per unit. 9840 total square feet. property has been reassessed to lower property taxes. Price reflects cap rate and income potential. Call listing office for appointment. DO NOT disturb tenants.

Listing information

  • MLS® ID: 10401558
  • Status: Active
  • New Construction: No
  • County: Cook
  • Style: Retail / Hospitality / Service
  • Stories: 1
  • Foreclosure: No
  • Year Built: 1988
  • Parking Type Description: None 0 cars
  • Estimated Annual Taxes: $40,500

Features

Air Conditioning Central Air
Backup Info Existing Survey, Tax Bill
Construction Brick, Concrete Block
Current Use Commercial
Docks None
Electrical Service Circuit Breakers, Separate Meters
Exterior Building Type Brick
Extra Storage Spaces Available (Y/N) No
Financial Amounts for Total Building (Rental Only) Yes
Fire Protection Other
Floor Finish Varies
Foundation Concrete
Franchisor Feed(y/n) No
Frontage/Access City Street, Public Road
Heat/Ventilation Forced Air, Gas
Information List Broker Must Accompany
Investment (Y/N) Yes
Location Central Business District, Corner, Public Transport Avail
Other # Of Drive In Doors - 0, # Of Tenants - 6, # Of TL Docks - 0, # Of Units - 8, Approx Total Bldg Sq Ft - 9840, Ceiling Height (Ft) - 12, Expense Year - 2018, Gross Rentable Area - 9840, Gross Rental Income $ - 148722, Net Oper Income $ - 11784, Net Operating Income Year - 2018, Tax Year - 2018, Total Annual Exp - 26378, Total Monthly Income - 12393, Township - South Chicago, Zoning Type - Rtail
Possession Closing
Property Offered For Sale Only
Property Type Retail/Stores
Roof Coverings Rubber
Roof Structure Flat
Tenant Pays Air Conditioning, Electric, Heat, Scavenger
Unincorporated (Y/N) No
Listing Courtesy of Family Pride Realty