Price Reduction
Address
5158 N Ashland Avenue, Chicago, IL
Price
$ 1,200,000
Property Attributes
  • MLS#12001536
  • TypeMulti-Family
  • CountyCOOK
  • CityChicago
  • AreaCHI - Uptown
  • NeighborhoodAndersonville
  • Zip60640
  • Style
  • Year Built1908
  • Taxes$ 20773
  • Price$ 1,200,000
  • Bedrooms18
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size3,055 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description

First time on the market in over 50 years! Great investment opportunity awaits in the heart of the highly desired Andersonville neighborhood! This is a corner mixed-use building located on two very busy streets Foster and Ashland, with great foot traffic and close to public transportation, shops, and restaurants. The building currently has 2 office retail spaces on the 1st floor and 4 apartments on the second and third floors, and an unfinished basement. Each office has a kitchen and half bathroom and each apartment upstairs has 3 bedrooms, a kitchen, and one bathroom. There are 7 separate electric meters in the basement. The heating is gas and the gas boiler was replaced in 2020. The back staircases and porches were replaced in 2007. The roof was replaced in 2014. The law firm that's on the 1st floor will be vacating the building before closing so the building will be delivered fully empty and ready for your remodeling ideas and the opportunity to turn the two offices into apartments if you prefer to do so. Second-floor units will need more work than the 3rd floor units. Sold As Is!

Price History
3/11/2024 Listed $1,250,000
4/20/2024 4% - $1,200,000

General Features

Cooling Window Unit(s)
Zoning MULTI
Construction Materials Brick
Year Built 1908
Electric Other
Tenant Pays Electricity
Stories 3
Township Lake View
Tax Year 2022
County Cook
Property Type Commercial Sale
Possible Use Multi-Family,Retail
Status Active
Directions Go North on Ashland,cross street Foster
City Chicago
Total Units 6
MLS Area CHI - Uptown
Lot Size Square Feet 3055
Street Name Ashland
Tax Annual Amount 20773
Additional Parcels Y/N No
Days on Market 66
Standard Status Active
Property Type Multi Family 5+

Interior Features

Street Suffix Avenue

Exterior Features

Lot Dimensions 0.0701
Exterior Brick

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 60640

Price
AVG $1.55M
$1.2M
Taxes
AVG $15,894
$20,773
Visits
AVG 120
140
Data Provided by Inside Real Estate®
Year Built
AVG 1921
1908

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