- For Sale $375,000
- Property Type Mixed Use
- Property Size 3,575 SF
- Lot Size 0.06 Acre
- Additional Rent Contact for pricing
- Property Tenancy Multi-Tenant
- Date Updated Oct 9, 2024
Armchair investment anyone? The in-place 9% cap rate is a very solid yield for a small, mixed-use asset like this. The storefront is leased through February 2027 and the three residential tenants (2 market & 1 CHAC) are rock solid!
All 3 residential units are recently remodeled and are significantly under-leased, giving the astute investor additional rental upside. Fully stabilized cap rate should be at least 12%!! Presumes FMR for 3/2 units of $1,800/month.
Reach out to the broker for more info on lease terms and amenities
False
Contacts
Location
Getting Around
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Walk Score ®
65/100
Somewhat Walkable
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Transit Score ®
58/100
Good Transit
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Bike Score ®
58/100
Bikeable
- City Chicago, IL
- Neighborhood Back of the Yards
- Zip Code 60609
- Market Chicago
Points of Interest
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Western
1.11 miles
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Halsted
1.70 miles
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Garfield
1.73 miles
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Kedzie
2.10 miles
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Ashland
2.82 miles
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35th-Bronzeville-IIT
3.04 miles
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35th-Bronzewille-IIT (34th Street Entrance)
3.09 miles
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Pulaski
3.10 miles
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55th-56th-57th Street
3.97 miles
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UIC-Halsted (Morgan Street)
5.35 miles
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Amstar
0.37 miles
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Clark
0.58 miles
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Citgo
0.62 miles
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Marathon
0.92 miles
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Food 4 Less
0.95 miles
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BP
0.96 miles
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GoLo
0.97 miles
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ChargePoint
3.13 miles
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EVgo
4.60 miles
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eVgo
4.67 miles
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Western Park & Ride
1.16 miles
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Ashland/63rd Park & Ride
1.42 miles
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Kedzie Park & Ride
2.18 miles
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35th/Archer Park & Ride
2.30 miles
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Lot L
2.33 miles
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Garfield Park & Ride
2.36 miles
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Lot F
2.43 miles
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VIP Lot E
2.54 miles
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Tailgate Lot
2.56 miles
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VIP Lot D
2.59 miles
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The Polo Inn
2.51 miles
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Amber Inn Motel
2.74 miles
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Benedictine Bed and Breakfast
2.75 miles
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Carlton Inn Midway
3.00 miles
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Best Motel
3.00 miles
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The Study at the University of Chicago
3.68 miles
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Wyndham Chicago McCormick Hotel
3.74 miles
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Sophy Hotel
3.76 miles
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Hyatt Place Chicago-South/University Medical Center
3.91 miles
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SpringHill Suites Chicago Chinatown
3.92 miles
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Dunkin'
0.30 miles
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Tom's Place Pancake House
0.68 miles
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McDonald's
0.73 miles
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Popeyes
0.75 miles
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Beijing 88
0.75 miles
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Little Caesars
0.75 miles
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Church's Chicken
0.77 miles
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Subway
0.78 miles
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Checkers
0.84 miles
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Birrieria y Taqueria El Arandas
0.89 miles
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Libby Elementary School
0.25 miles
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Fulton Elementary School
0.26 miles
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Richards Career Academy
0.32 miles
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The Peace and Education Coalition Alternative High School
0.38 miles
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Saint John School
0.41 miles
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Mays School
0.42 miles
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Saint Basil School
0.43 miles
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Richard J. Daley Academy
0.48 miles
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John H. Hamline Branch School
0.60 miles
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Hamline Elementary School
0.61 miles
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Teddy Bear Pre-School
1.39 miles
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Englewood Messiah Lutheran Headstart
1.49 miles
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Merry Go Round Nursery School
2.14 miles
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Brighton Park Early Learning Center
2.23 miles
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Creative Kids Daycare Center
2.31 miles
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Childrens Hour Pre-School Center
2.43 miles
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Southwest Cooperative Pre-School
2.74 miles
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Child's World Academic Inc.
2.93 miles
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Shiloh Nursery
3.09 miles
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UChicago Child Development Center - Drexel
3.13 miles
Frequently Asked Questions
The space currently listed for sale at 5225 S Ashland Ave asks for $375,000.
5225 S Ashland Ave totals 3,575 square feet.
Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.
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