5608 S Ashland Avenue, Chicago, IL 60636

  • $430,000
  • $430,000
5608 S Ashland Avenue, Chicago, IL 60636
  • Commercial Sale
  • Property Type
  • 1904
  • Year Built
For Sale
5608 S Ashland Avenue, Chicago, IL 60636
  • $430,000
  • $430,000

Overview

Property ID: 22488156
  • Commercial Sale
  • Property Type
  • 1904
  • Year Built

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.

  • Address 5608 S Ashland Avenue
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60636
  • Country United States

Details

Updated on August 23, 2024 at 9:13 am
  • Property ID: 22488156
  • Price: $430,000
  • Year Built: 1904
  • Property Type: Commercial Sale
  • Property Status: For Sale
  • Living Area: 3000
  • MLS#: MRD12094467
  • Office Name: NICHOLSON REAL ESTATE INC.
  • Agent Name: Charles Nicholson
  • MLS Status: Active
  • Living Area Prefix: SqFt

Additional details

  • List Office MLSID: MRD28880
  • List Agent MLSID: MRD239394
  • List Date: 2024-06-26T17:32:59.000Z
  • Cooling: None
  • Tax Annual: 14006
  • Tax Year: 2022
  • County: Cook
  • Property SubType: Apts/Stores

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