953 N Ashland Ave - Storefront Retail/Residential FOR SALE


Chicago, IL 60622- Ukrainian Village
$235,000 USD
312-361-1645
953 N Ashland Ave, Chicago, IL for Sale
$235,000 USD
Storefront Retail/Residential - FOR SALE
1/9
null | Request Cap Rate

953 N Ashland Ave
Chicago, IL 60622
Ukrainian Village


HIGHLIGHTS

  • Repositioning & Value Add Opportunity
  • Transit Oriented Location
  • High-Demand Urban Location
  • Exceptional Demographics

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the condominium interest in an investment property located at 953 N Ashland Avenue in Chicago, Illinois (the “Property”). The Property is improved by a 1,200 square foot condominium unit located on the first floor of a five-floor mixed- use condominium Property. 953 N Ashland Avenue is zoned B1-2 Neighborhood Shopping District, one of the most versatile zoning designations in the city of Chicago. The Property is currently leased to Evergreen Care Center on a month- to-month basis and can be delivered vacant, offering the opportunity to lease the Property as a cash flowing investment or to use the Property as an owner-user opportunity. The Property is well-located along N Ashland Avenue in Chicago’s West Town neighborhood, a high-density, inner-urban core neighborhood 2.5-miles northwest of Downtown Chicago. The Property is convenient to the area’s primary commercial corridors, N Milwaukee Avenue and W Chicago Avenue, and offers easy access to the Division and Chicago “L” stations on the CTA Blue Line and the Clybourn Metra Station on the UP-N and UP-NW lines. The high-demand for real estate with proximity to “L” Stations, area schools and primary commercial corridors, make this a great opportunity for an investor seeking an owner-user or repositioning site in Chicago.

FOR SALE DETAILS

PRICE

$235,000 USD

PRICE/SF

$35 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

953 N Ashland (Commercial Condo)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

B1-2

APN/PARCEL ID

17-05-314-054-0000,17-05-314-055-1001,17-05-314-055-1002

ASK ABOUT THIS PROPERTY

Dan TilsnerHorvath & TremblayMore Info
312-361-1645

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Dan TilsnerHorvath & TremblayMore Info
312-361-1645

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.