5225 S Ashland Ave

For Sale

5225 S Ashland Ave, Chicago, IL 60609

This Chicago property for sale is located at 5225 S Ashland Ave. The current listed sale price for 5225 S Ashland Ave is $375,000. 5225 S Ashland Ave is situated on a lot that is 0.06 acre in size.

Contacts

broker
Scott Siegel, MBA

CHICAGO REAL ESTATE AUTHORITY

Property Details

  • Property Type Mixed Use
  • Property Size 3,575 SF
  • Lot Size 0.06 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Date Updated Oct 9, 2024

Armchair investment anyone? The in-place 9% cap rate is a very solid yield for a small, mixed-use asset like this. The storefront is leased through February 2027 and the three residential tenants (2 market & 1 CHAC) are rock solid!

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

Getting around

  • 65/100

    Walk Score ®

  • 58/100

    Transit Score ®

  • 58/100

    Bike Score ®

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Location

  • 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

  • Supermercado El Gurero

    0.69 miles

  • ALDI

    0.74 miles

  • Marshalls

    0.81 miles

  • Forman Mills

    1.07 miles

  • Fairplay Foods

    1.21 miles

  • Go Green Community Fresh Market

    1.42 miles

  • Mi Mexico

    1.53 miles

  • Save-A-Lot

    1.55 miles

  • Supermercado El Guero

    2.12 miles

  • TJ Maxx

    2.14 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Scott Siegel, MBA

CHICAGO REAL ESTATE AUTHORITY