For Sale $419,900
Property Type Mixed Use
Property Size 3,575 SF
Lot Size 0.06 Acre
Cap Rate % 7.2
Rental Income / YR 53700
NOI / YR 38755
Additional Rent Contact for pricing
# of Floors 3
Property Tenancy Multi-Tenant
Year Built 1920
Year Renovated 2015
Date Updated Oct 22, 2024

5225 S. Ashland is a 4-unit mixed-use building located in Chicago's up & coming Back-of-the-Yards neighborhood. This asset has an in-place cap rate of 7.2 (pro forma cap is 15), is composed of 3 BIG apartments (1 x 2/1 & 2 x 3/2s), 1 Store and has a lease thru February 2027 and plenty of rental upside. Hungry? Sustenance at Aldi & Mariano's are just 10 & 13 minutes away respectively. Need to get back to the office? The CTA's Roosevelt & Western station is a 12-minute walk from your front door. Need to get out of Dodge? The Eisenhower Expressway is a 4-minute drive due North. 16th Ward Alderman Stephanie Coleman runs the show. Information deemed reliable, but not guaranteed. Use diligence.

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
Ashland/63rd

1.37 miles
Halsted

1.70 miles
Garfield

1.73 miles
47th

1.90 miles
Kedzie

2.10 miles
63rd

2.11 miles
35th/Archer

2.29 miles
51st

2.37 miles
State & 37th Street

2.78 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
Blink

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
Crossroads Hotel

3.06 miles
The Study at the University of Chicago

3.68 miles
Chicago South Loop Hotel

3.74 miles
Sophy Hotel

3.76 miles
Hyatt Place Chicago-South/University Medical Center

3.91 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

0.31 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
Kennedy-King College

1.72 miles
Dawson Technical Institute of Kennedy-King College

2.58 miles

Brighton Park Early Learning Center

2.23 miles
Creative Kids Daycare Center

2.31 miles
Child's World Academic Inc.

2.93 miles
UChicago Child Development Center - Drexel

3.13 miles
Peter Cottontail Day Nursery

4.13 miles
The Goddard School

4.49 miles
DJ Brooks Child Development Center

4.54 miles
New Zion Childcare Academy

4.64 miles
KinderCare

4.78 miles
Taylor Tots

4.87 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 $419,900.

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

5225 S Ashland Ave totals 3,575 square feet.

When was this property built?

5225 S Ashland Ave was built in 1920.

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