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.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

Scott Siegel, MBA

CHICAGO REAL ESTATE AUTHORITY

Location

Getting Around

Walk Score ®
65/100 Somewhat Walkable
Transit Score ®
58/100 Good Transit
Bike Score ®
58/100 Bikeable

City Chicago, IL
Neighborhood Back of the Yards
Zip Code 60609
Market Chicago

Points of Interest

Western

1.11 miles
Halsted

1.70 miles
Garfield

1.73 miles
Kedzie

2.10 miles
Ashland

2.82 miles
35th-Bronzeville-IIT

3.04 miles
35th-Bronzewille-IIT (34th Street Entrance)

3.09 miles
Pulaski

3.10 miles
55th-56th-57th Street

3.97 miles
UIC-Halsted (Morgan Street)

5.35 miles

Amstar

0.37 miles
Clark

0.58 miles
Citgo

0.62 miles
Marathon

0.92 miles
Food 4 Less

0.95 miles
BP

0.96 miles
GoLo

0.97 miles
ChargePoint

3.13 miles
EVgo

4.60 miles
eVgo

4.67 miles

Western Park & Ride

1.16 miles
Ashland/63rd Park & Ride

1.42 miles
Kedzie Park & Ride

2.18 miles
35th/Archer Park & Ride

2.30 miles
Lot L

2.33 miles
Garfield Park & Ride

2.36 miles
Lot F

2.43 miles
VIP Lot E

2.54 miles
Tailgate Lot

2.56 miles
VIP Lot D

2.59 miles

The Polo Inn

2.51 miles
Amber Inn Motel

2.74 miles
Benedictine Bed and Breakfast

2.75 miles
Carlton Inn Midway

3.00 miles
Best Motel

3.00 miles
The Study at the University of Chicago

3.68 miles
Wyndham Chicago McCormick Hotel

3.74 miles
Sophy Hotel

3.76 miles
Hyatt Place Chicago-South/University Medical Center

3.91 miles
SpringHill Suites Chicago Chinatown

3.92 miles

Dunkin'

0.30 miles
Tom's Place Pancake House

0.68 miles
McDonald's

0.73 miles
Popeyes

0.75 miles
Beijing 88

0.75 miles
Little Caesars

0.75 miles
Church's Chicken

0.77 miles
Subway

0.78 miles
Checkers

0.84 miles
Birrieria y Taqueria El Arandas

0.89 miles

Libby Elementary School

0.25 miles
Fulton Elementary School

0.26 miles
Richards Career Academy

0.32 miles
The Peace and Education Coalition Alternative High School

0.38 miles
Saint John School

0.41 miles
Mays School

0.42 miles
Saint Basil School

0.43 miles
Richard J. Daley Academy

0.48 miles
John H. Hamline Branch School

0.60 miles
Hamline Elementary School

0.61 miles

Teddy Bear Pre-School

1.39 miles
Englewood Messiah Lutheran Headstart

1.49 miles
Merry Go Round Nursery School

2.14 miles
Brighton Park Early Learning Center

2.23 miles
Creative Kids Daycare Center

2.31 miles
Childrens Hour Pre-School Center

2.43 miles
Southwest Cooperative Pre-School

2.74 miles
Child's World Academic Inc.

2.93 miles
Shiloh Nursery

3.09 miles
UChicago Child Development Center - Drexel

3.13 miles

Frequently Asked Questions

How much does 5225 S Ashland Ave cost?

The space currently listed for sale at 5225 S Ashland Ave asks for $375,000.

What is the total square footage of 5225 S Ashland Ave?

5225 S Ashland Ave totals 3,575 square feet.

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