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$430,000
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Property Description
WELCOME to this mixed-use money making machine! This unique brick building is now ready for a new owner. Located in a large corner double lot in an up and coming area. It offers 2 successful businesses with long-time leases and 4 apartments with long-time tenants. First store is a grocery store with restaurant in the back, second store is a cell phone/clothing store. All apartments have been very well maintained. Each unit has its own updated electrical panel. Every tenant in the 4 apartments own their refrigerator and stove/microwave. Newer roof, updated deck, large privacy iron fence with 3-4 Parking spaces. Full basement, partially finished. Plus take advantage of the LOW PROPERTY TAXES on this massive building! Schedule your private showing today!
Full Property Details
Full Property Details for 5000 S Ashland Ave
General
- Sold For: $430,000
- Taxes: $2,641 (2022)
- Status: Closed
- Type: Store
- Source: MRED
- MLS ID: 12059039
- Added to Site: 685 day(s) ago
Additional Information
- Security/Safety: Carbon Monoxide Detector(s)
Location
- Area: CHI - New City
- County: Cook
- Driving Directions: N or S on South Ashland Ave, W on West 50th St. Property on corner of 50th St & Ashland
- Location Details: Chicago Southwest
Heating & Cooling
- Cooling Type: Central Air Conditioning, Window Unit(s)
- Heating Type: Forced Air
Structural Information
- Stories/Levels: 2
- # of Stores: 2
- Year Built: 1902
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 5,220
- Lot Dimensions: 46' x 112'
- Zoning: COMMR
Financial Considerations
- Security Deposit: Carbon Monoxide Detector(s)
- Assessment Year: 1902
- Tax Amount: $2,641.38
- Tax Year: 2022
- Tenant Pays: Air Conditioning, Electricity, Heat
Disclosures and Reports
- Property ID: 20072300210000
Listed and Sold by Midwest Realty Executives LLC
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Schools
Schools serving 5000 S Ashland Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Chavez Elementary Multicultural Academy Center 4747 South Marshfield Avenue, Chicago, IL 60609 | PK-8 | 0.3 mi |
Richards Career Academy High School 5009 South Laflin Street, Chicago, IL 60609 | 9-12 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5000 S Ashland Ave
Date
Details
Price
Change
Source
8/08/2024
Sold
$430,000
-6.5%
MLS
5/17/2024
Listed
$459,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5000 S Ashland Avenue, Chicago, IL 60609 (MLS# 12059039) is a Store property that was sold at $430,000 on August 08, 2024. Want to learn more about 5000 S Ashland Avenue? Do you have questions about finding other Store real estate for sale in New City? You can browse all New City real estate or contact a Coldwell Banker agent to request more information.

