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$ 430,000
Est. payment /mo
Active
5608 S Ashland AVE Chicago, IL 60636
3,000 SqFt
UPDATED:
08/17/2024 08:35 AM
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
Area Chi - West Englewood
Zoning MULTI
Interior
Cooling None
Fireplace N
Building
Dwelling Type Mixed Use
Level or Stories 1
Structure Type Brick
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Charles Nicholson • Nicholson Real Estate Inc.