5124 Ashland Ave Chicago, IL 60609
- Specialty properties
Current Use by Public Records
- ML IMPORTS, LLC / Importer
Property Details for 5124 Ashland Ave
- Property type
- Specialty properties
- Property subtype
- Land
Description
This exceptional 2,700 square foot commercial lot, located at 5124 S Ashland Avenue in Chicago, Illinois, presents a unique investment opportunity. Zoned for commercial use, this property offers significant potential for redevelopment or expansion. The asking price is $229,900. The property is being sold "as-is/where-is." The lot's size provides ample space for various commercial ventures. The property's address is within Cook County, Illinois, and its zip code is 60609. While the current structure includes four units – a storefront and three residential units (one 2-bedroom/1-bath unit on the first floor, and two 2-bedroom/1-bath units on the second floor) – along with a two-car garage, the property's potential extends beyond its current configuration. The existing units could generate rental income, making this a potentially lucrative investment. The property's location in Chicago offers excellent access to transportation and a diverse customer base. Serious inquiries are encouraged to explore the possibilities this prime commercial lot offers. This is a chance to acquire a valuable piece of Chicago real estate with significant upside potential. The property is classified as Special Purpose Land. Buyers are responsible for conducting their own due diligence.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6651
- Latitude
- 41.8006
