Four-Unit Multifamily
For Sale
Contact for pricing
Pending
5124 S Ashland Avenue, Chicago, IL 60609
Residential apartments with Ashland Avenue frontage and access to nearby rail and interstate connections.
Property SizeContact for details
Lot Size0.06 Acres
Days on Market145
Property Features for 5124 S Ashland Avenue
General Information
Standard status
Pending
Lot size
0.06 Acres
Property subtype
Multifamily
Occupancy
75%
Site & Location
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Additional Details
Gross Income
$34,992
Multifamily Units
4
Building Details
Buildings
1
Listing Agency:
Frontline Real Estate Partners
(847) 780-8062
Listed By:
Zack Pearlstein · License #IL 475168541
Source:
Crexi
Added: Apr 10
Changed: Aug 30
Last Checked: Sep 1 at 10:10AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Frontline Real Estate Partners
Investment Insights
Based on property information with market context.
This multifamily property at 5124 S Ashland Avenue contains four residential apartments on a 2,700-square-foot parcel. The building fronts Ashland Avenue and is currently 75% occupied, providing an established residential configuration in Chicago’s Back of the Yards neighborhood.
The property benefits from approximately 14,600 VPD along Ashland Avenue. The Western Orange Line is less than one mile away, while I-90/94 and I-55 are both within two miles. Nearby retailers include Walgreens, AutoZone, O’Reilly Auto Parts, and Metro PCS.
The property benefits from approximately 14,600 VPD along Ashland Avenue. The Western Orange Line is less than one mile away, while I-90/94 and I-55 are both within two miles. Nearby retailers include Walgreens, AutoZone, O’Reilly Auto Parts, and Metro PCS.
Key Highlights
- Four residential apartments in a single multifamily building
- 2,700‑square‑foot parcel with frontage along Ashland Avenue
- Approximately 14,600 VPD on Ashland Avenue
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
75%
Occupancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
4,147
Businesses Nearby
Explore this area
Business Placement
Demographics for 60609, IL
65,770
Population
26,122
Households
2.5
Avg Household Size
34
Median Age
20%
College-Educated
76%
High-School Grad
7.7 sq mi
ZIP Area
8,542
Density / Sq Mi
$54,142
Median Household Income
$37,694
Median Earnings
$1,070
Median Rent
$251,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Residential apartments with Ashland Avenue frontage and access to nearby rail and interstate connections.
Where is this quadplex located?
The property is located at 5124 S Ashland Avenue Chicago, IL.
What are key features of this property?
This property features: Four residential apartments in a single multifamily building; 2,700‑square‑foot parcel with frontage along Ashland Avenue; Approximately 14,600 VPD on Ashland Avenue
