$ 695,000
4748 S Ashland AVE Chicago, IL 60609
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$ 695,000
Est. payment | /mo
10,984 SqFt
$ 695,000
Est. payment | /mo
10,984 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 10,984 sqft
Price per Sqft $63
MLS Listing ID 12213343
Year Built 1912
Annual Tax Amount $34,543
Tax Year 2023
Lot Dimensions 111'X123.60'
Property Description
Introducing a prime income-producing investment opportunity in the Back of the Yards neighborhood at 4748 South Ashland Avenue, Chicago, IL, 60609. This 10,000 SF, 2-story building offers a spacious and versatile layout on the 1st floor with a long-term daycare tenant, ideal for an office on the second floor, ready for your design. 3 city lots of crucial & suburb parking-2,228 SF. Situated in the vibrant Chicago area, this property presents a compelling opportunity for investors seeking a strategic addition to their portfolio. With its prime location and ample space, this property is prepped to meet the demands of modern businesses. Take advantage of this rare chance to secure a valuable asset in a thriving commercial real estate market. -Versatile office space in a high-demand area. -Recently renovated and well-maintained building. -Excellent visibility and accessibility with a high walk score of 85/100. -City Reinvestment Opportunity. -Invest in the west corridor. -Potential for customization & value-added potential to suit specific business needs. -Ample parking lot for employees and visitors. -Proximity to critical amenities and transportation options. -Strong potential for rental income or owner-occupation. -Potential for value appreciation in a thriving market.
Location
State IL
County Cook
Area Chi - New City
Zoning RTAIL
Interior
Cooling Central Air
Flooring Tile
Fireplace N
Exterior
Roof Type Membrane
Building
Dwelling Type Mixed Use
Level or Stories 2
Structure Type Brick,Concrete,Stone
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Terri Cox • Matanky Realty Group Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "