6617 S Ashland Avenue, Chicago, IL, 60636

Save
Ask
Tour
Hide
Share
$475,000
82 Days Online

6617 S Ashland Avenue
Chicago, IL 60636

For Sale|Commercial|Active
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
1914
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Compass 773-482-1917
Call Now: 877 582 4399
Is this the home for you? We can help make it yours.
877 582 4399
6617 S Ashland Avenue6617 S Ashland Avenue6617 S Ashland Avenue6617 S Ashland Avenue
Save
Ask
Tour
Hide
Share

Fantastic opportunity to own this mixed-use building located in an Opportunity Zone. With a projected NOI of almost $200k/yr upon completion, this property consists of ten residential units and four commercial units. The rare gated courtyard design of the property provides an insulated, safe environment for the residents. The four commercial units, with fantastic visibility and access to Ashland Ave are the perfect size for entrepreneurs to get their new businesses off the ground with a bang. The spaces are open, airy and offer flexible layouts that serve a wide range of businesses. The makeup of the residential units is four 1 bedroom units and six 2 bedroom units, each with 1 bathroom. They are all great sized units with big windows and lots of natural light. This is a two story building, convenient for the all tenant types, and also convenient for finishing the rehab (residential plumbing can be PVC, for example). The 4 commercial units will be very easy to fill given their size. They are perfect for NNN tenants like a quick serve restaurant (sandwich shop), barber shop, nail salon, tax/insurance shop etc. The property has been fully demo'd, a new full tear-off roof has been installed, most masonry work is completed and is fully framed out and ready for MEP. Plans have been approved with the city and permits are imminent.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$475,000
Days Online 
82 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1914
MLS® Number 
12013199
Status 
Active
Property Tax 
$10,360
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
2 months agoPrice changed to $475,000
3 months agoListing first seen online
General Features
Number of Stories 
2
Property Sub Type 
Mixed Use
Number Of Stories 
2
Interior Features
Cooling 
None
Save
Ask
Tour
Hide
Share
Community Features
Township 
Lake
MLS Area 
CHI - West Englewood
Listing Courtesy of MRED as distributed by MLS Grid of Compass 773-482-1917



Based on information submitted to the MLS GRID as of 2024-06-16 07:40 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data last updated: 2024-06-16 07:40 AM UTC
MRED DMCA Copyright Information Copyright © 2024 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
Save
Ask
Tour
Hide
Share