6237 S Ashland Avenue
Chicago, IL 60636

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Description

Calling all investors and/or business owners to see the possibilities that this fantastic building offers. 1500 square ft. 1st floor store with 4 occupied rental units. 2 -1 bedroom and 2- 2 bedroom apartments. Tenants responsible for heat and electric. Owner responsible for common areas and for storefront utilities. Bring your imagination to expand or start your own business. Formally an auto paint store. Motivated seller. Don't miss this opportunity to make your investment dreams come true.

Features

• Property Type: Commercial
• Sub Type: Mixed Use
• Listing Status: Active
• County/Area: Cook County
• Zip Code: 60636
• Year Built: 1896
• Sq.Ft.: 5,325 sq ft
• Stories: 3
• Units: 5 units
• Zoning: COMMR
• # Of Apts: 4
• # Of Offices: 1
• # Of Ranges: 4
• # Of Refrigs: 4
• # Of Stores: 1
• # Of Tenants: 4
• Approximate Age: Older
• Building Area Total: 5325
• Built Before 1978 (Y/N): Yes
• Construction Materials: Brick, Stone
• Directions: Take Ashland Ave N/S to address.
• Electric: Separate Meters
• Electric Expense: 1800
• Electric Expense Source: Combination
• Expense Year: 2025
• Fire Protection: Smoke or Fire Protectors, Carbon Monoxide Detector(s)
• Flooring: Carpet, Concrete, Tile
• Foundation Details: Concrete Perimeter
• Fuel Expense: 1800
• Fuel Expense Source: Combination
• Geographic Locale: Chicago South
• Gross Income: 40800
• Gross Rent Multiplier: 12.2
• Gross Scheduled Income: 40800
• Heat/Ventilation: Forced Air, Gas
• Information: List Broker Must Accompany, 48-Hr Notice Required
• Insurance Expense: 225
• Insurance Expense Source: Actual
• Lot Size Square Feet: 2775
• Main Type: Commercial Sale
• Manufacturing SqFt: 500
• Misc Inside: Storage Inside, Basement
• Office SqFt: 300
• Operating Expense: 12540
• Other Expense Source: Owner Projection
• Other SqFt: 300
• Outdoor Parking: Valet On Site, Parking-Street
• Ownership Type: Sole Proprietor
• Retail SqFt: 600
• Roof: Rubber, Tar/Gravel
• Roof Structure: Flat
• Tax Annual Amount: 4432
• Tax Year: 2024
• Tenant Pays: Electricity, Heat
• Total Annual Expense Source: Combination
• Total Monthly Income: 3400
• Township: Hyde Park
• Trash Expense: 600
• Trash Expense Source: Combination
• Utilities: Electric to Site, Natural Gas Available, Sewer Connected, Water Available
• Water Drainage: Storm Sewers
• Water Expense Source: Combination
• Water Sewer Expense: 1800
• Water Source: Municipal Water