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5036-5058 N Ashland Avenue

Chicago, IL 60640
  • $4,950,000
  • STATUS: Active
  • ON SITE: 193 Days
  • MLS #: 11406758
$4,950,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:
Area:

School Ratings & Info

School District:
299

Description

RARE DEVELOPMENT OPPORTUNITY! Entire city block - 27,720 Sq. Ft. lot for sale in Andersonville! Busy North Ashland Avenue with four residential structures, a parking lot on the south end, and a vacant lot on the north end. Great potential for upzoning. Increase the density of residential units or develop more mixed-use property with this rare opportunity! Parking lot is 100 feet. Residential buildings range from a single-family home to a four-unit, two-story apartment building. The existing residential buildings on the site are fully rented and produce positive net cash flow. All leases are short-term.

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© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or John Lyons Real Estate | Baird & Warner. Based on information submitted to the MRED as of 2022-11-26T23:57:58.99 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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5036-5058 N Ashland Avenue Chicago, IL 60640

  • Price: $4,950,000
  • Status: Active
  • On Site: 193 Days
  • MLS #: 11406758
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Chi - Uptown
County:
Cook
Area:
Chi - Uptown
School District:
299
Property Description
RARE DEVELOPMENT OPPORTUNITY! Entire city block - 27,720 Sq. Ft. lot for sale in Andersonville! Busy North Ashland Avenue with four residential structures, a parking lot on the south end, and a vacant lot on the north end. Great potential for upzoning. Increase the density of residential units or develop more mixed-use property with this rare opportunity! Parking lot is 100 feet. Residential buildings range from a single-family home to a four-unit, two-story apartment building. The existing residential buildings on the site are fully rented and produce positive net cash flow. All leases are short-term.
Exterior Features

Frontage Type City Street Lot Size .50-.99 Acre Road Surface Type Other Waterfront YN No

Interior Features

Basement Bathrooms YN No

Property Features

Additional Parcels YN Yes Building On Land Yes Corporate Limits Chicago Current Use Multi-FamilySingle Family Farm No General Information None Mls Actual Status Active Ownership Fee Simple Possible Use DevelopmentMulti-FamilySingle FamilyOther Special Listing Conditions None Tax Annual Amount 74286.89 Tax Year 2020 Township Lake View Type Land Utilities Electric To SiteWater To Site Zoning Multi

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Strauss Realty Ltd: 773-736-3600.


© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or John Lyons Real Estate | Baird & Warner. Based on information submitted to the MRED as of 2022-11-26T23:57:58.99 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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