5608 S Ashland Avenue Active

Chicago,IL 60636

$ 430000

- Bed

- Bath

3000 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $143

MLS Listing ID 12094467

Year Built 1904

Annual Tax Amount $14,006

Tax Year 2022

Lot Dimensions 50X121

Property Description

GREAT LOCATION 25-27000 CARS PER DAY EXPOSURE. DIAMOND IN THE ROUGH! EXISTING CHICKEN SHACK, FIXTURES INCLUDED, PREVIOUSLY A HAROLD'S LOCATION. THE BUSINESS IS NOT INCLUDED AT THIS ASKING PRICE BUT A SALE OF IT MIGHT BE NEGOTIATED WITH THE OPERATOR. THERE ARE TWO COMMERCIAL SPACES ON THE STREET LEVEL AND TWO APARTMENTS UPSTAIRS, BRINGING ABOUT $2000/MONTH. THE CHICKEN SHOP COULD LEASE FOR $2000-2500/MONTH OR OPERATED BY A NEW OWNER, POSSIBILITY TO COMBINE IT WITH THE VACANT FORMER BAR AND EVENTS SPACE ON THE FIRST FLOOR NEXT DOOR. USE DUE DILIGENCE ON RESEARCHING PREVIOUS LIQUOR LICENSE AT THIS ADDRESS OR ALLOWED ZONING AND USES. THE CORNER LOT IS NOT OWNED, MOST LIKELY IT'S CITY PROPERTY, INQUIRE WITH COC OR THE ALDERMAN FOR POSSIBLE PARKING IF NEEDED. EXCELLENT POTENTIAL FOR A NEW OWNER BUT THE SELLER WILL NOT BE COMPLETING REPAIRS. SOLD STRICTLY AS-IS.

Location

State IL

County Cook

Zoning MULTI

Interior

Cooling None

Fireplace N

Exterior

View Y/N true

Building

Structure Type Brick

View More
Favorite Go Tour