6717 S Ashland Avenue
Chicago, IL 60636

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Description

Mixed-use building (approximately 3,600 sf) includes a second-floor apartment above storefront/office space. Plus a garage attached to first-floor unit. Can be purchased with 6719 S Ashland Ave to create an exceptional redevelopment opportunity on 16,650-sf property. Current zoning allows for 36,000-sf mixed-use development. IDOT traffic count is 19,900 daily. Assessment lowered for 2024 tax year. Brokers do not warrant the legality of second-floor apartment.

Features

• Property Type: Commercial
• Sub Type: Mixed Use
• Listing Status: Active
• County/Area: Cook County
• Zip Code: 60636
• Year Built: 1919
• Stories: 2
• Units: 3 units
• Zoning: COMMR
• # Of Apts: 1
• # Of Offices: 1
• # Of Tenants: 3
• Approximate Age: Older
• Built Before 1978 (Y/N): Yes
• Construction Materials: Brick
• Cooling: Central Air
• Directions: East side of Ashland Avenue just south of Marquette Road.
• Electric: Service - 101 to 200 Amps
• Electric Expense: 100
• Electric Expense Source: Owner Projection
• Foundation Details: Concrete Perimeter
• Fuel Expense Source: Owner Projection
• Geographic Locale: Chicago South
• Gross Income: 19200
• Gross Scheduled Income: 19200
• Heat/Ventilation: Central Heat/Indiv Controls
• Information: 48-Hr Notice Required
• Insurance Expense Source: Owner Projection
• Location: In City Limits, High Traffic Area
• Lot Size Square Feet: 2775
• Main Type: Commercial Sale
• Misc Inside: Basement
• Office SqFt: 1800
• Original Rental Price: 1
• Outdoor Parking: None On Site
• Ownership Type: Land Trust
• Rental Price: 1
• Roof: Membrane, Reflective Coating
• Roof Structure: Flat
• Tax Annual Amount: 5457.71
• Tax Year: 2023
• Total Annual Expense Source: Combination
• Total Monthly Income: 1600
• Township: South Chicago
• Trash Expense Source: Owner Projection
• Utilities: Electric to Site, Natural Gas Available, Sewer Connected, Water Available
• Water Drainage: Storm Sewers
• Water Source: Municipal Water