REO 100% Leased Four (4) Unit Mixed-Use Property Along Ashland
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1 5015 SOUTH ASHLAND AVENUE CHICAGO, IL DETAILS Sale Price $119,000 Lot Size 0.06 Acres Building Size 3,784 SF Occupancy 100% Year Built 1893 Market Cook County Sub Market South Chicago Cross Streets West 50th Street & South Ashland Avenue Traffic Count 14,600 VPD PROPERTY OVERVIEW Two-story mixed use building along South Ashland Avenue, located in Chicago's Back Of The Yards neighborhood. The property fronts Ashland Avenue with visibility and exposure to approximately 14,600 VPD. The building consists of three (3) residential apartment units and one (1) ground floor retail unit. Currently, the property produces a gross annual income of $44,592 at the current 100% occupancy. The building finds itself submerged in a diverse corridor filled with an abundance of retail, office and multi-family properties, including nearby national retailers Walgreens, AutoZone, O'Reilly Auto Parts, and Metro PCS. Additionally, the property is conveniently located within one (1) mile of the Orange Line and two (2) miles from multiple Interstates (I-90/94 & I-55). PROPERTY HIGHLIGHTS 100% leased and producing a gross annual income of $44,592 Second floor residents are section-8 housing Tenants Conveniently located two (2) miles to both I-90/94 and I-55 Visibility and exposure to approximately 14,600 VPD along Ashland Avenue zpearlstein@ (P) (C) arubin@ (P) (C)
2 Roll Page 1 Property: 5015ashl From Date: 10/10/2017 By Property Property Unit(s) Lease Lease Type Lease From Lease To Term Monthly Monthly 5015ashl S Ashland, Chicago,Chicago Current Leases Rec. Misc Security Deposit LOC Amount/ Bank Guarantee 5015ashl 1F Cut 2 Keep Retail - Grs /01/ , ashl 1R Murad Eiland Residential 5015ashl 2F Denise Coleman Residential 5015ashl 2R Joe Gladney Residential Total Current /01/ , , /01/ , , /01/ , , , , Total Units Total centage Monthly Occupied , , Vacant Total , , Tuesday, October 10, :15 PM
3 FOR SALE LOCATION MAPS (P) (C) (P) (C)
4 FOR SALE DEMOGRAPHICS MAP POPULATION 0.5 MILES 1 MILE 1.5 MILES TOTAL POPULATION 14,726 44,721 78,476 POPULATION DENSITY 14,726 44,721 78,476 MEDIAN AGE MEDIAN AGE (MALE) MEDIAN AGE (FEMALE) HOUSEHOLDS & INCOME 0.5 MILES 1 MILE 1.5 MILES TOTAL HOUSEHOLDS 4,095 11,860 21,089 # OF PERSONS PER HH AVERAGE HH INCOME $35,675 $36,500 $39,135 AVERAGE HOUSE VALUE $180,416 $189,958 $190,133 zpearlstein@ (P) (C) arubin@ (P) (C)
5 FOR SALE ADDITIONAL PHOTOS (P) (C) (P) (C)
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