Map of Property

5225 S Ashland Ave

5225 S Ashland Ave, Chicago, IL 60609

  • 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 $53,700.00
  • NOI / YR $38,755.00
  • 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

TERMS OF SALE ARE AS FOLLOWS: Sale is on a Strict As-Is Basis | Cash Buyers Preferred | PTAX Prorated at 100% | Seller Makes NO Reps or Warranties | 48 Hours Advance Notice and POF or PAL | Required to Show | $5,000 EMD Required | Buyer & Seller to Pay Their Respective Shares of Closing Costs.

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Contacts

broker
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
Powered by Walk Score ®
  • 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 $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.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker
Scott Siegel, MBA

CHICAGO REAL ESTATE AUTHORITY