6719-6727 S Ashland Avenue
Chicago, IL 60636

Tools & Resources:

Description

Excellent redevelopment opportunity in West Englewood, four blocks south of Green Line terminus Keep the building and develop 8,325 of vacant land, or redevelop the entire 13,875-sf site. The 5,400-sf automotive shop and garage is zoned C2-2, which allows for automotive use, two lots to the south are zoned B3-2. Zoning for all three PINs allow for 30,000 square feet of mixed-use redevelopment. Can be purchased with 6717 S Ashland Ave to create a greater redevelopment opportunity. IDOT traffic count is 19,900 daily. Owner prefers sale of entire package rather than piecemeal. Assessments lowered on garage 2024 tax year.

Features

• Property Type: Commercial
• Sub Type: Mixed Use
• Listing Status: Active
• County/Area: Cook County
• Zip Code: 60636
• Year Built: 1919
• Sq.Ft.: 5,400 sq ft
• Stories: 1
• Units: 1 unit
• Zoning: COMMR
• # Of Tenants: 1
• Additional Parcels: Yes
• Approximate Age: Older
• Building Area Total: 5400
• Built Before 1978 (Y/N): Yes
• Construction Materials: Brick
• Directions: East side of Ashland Avenue just south of Marquette Road.
• Electric Expense Source: Owner Projection
• Flooring: Concrete
• Foundation Details: Concrete Perimeter
• Fuel Expense Source: Owner Projection
• Geographic Locale: Chicago South
• Gross Income: 7200
• Gross Scheduled Income: 7200
• Indoor Parking: 19-30 Spaces
• Information: 48-Hr Notice Required
• Insurance Expense Source: Owner Projection
• Location: In City Limits, High Traffic Area
• Lot Size Square Feet: 13875
• Main Type: Commercial Sale
• Original Rental Price: 1
• Other SqFt: 5400
• Outdoor Parking: 19-30 Spaces
• Ownership Type: Land Trust
• Property Sub Type: Business
• Rental Price: 1
• Roof: Reflective Coating
• Roof Structure: Flat
• Tax Annual Amount: 23158.6
• Tax Year: 2023
• Tenant Pays: Electricity
• Total Annual Expense Source: Combination
• Total Monthly Income: 600
• 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