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5038 S Ashland Avenue, Chicago, IL 60609
$215,000
5038 S Ashland Avenue, Chicago, IL 60609View this property at 5038 S Ashland Avenue, Chicago, IL 60609
5038 S Ashland AvenueChicagoIL60609
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Property Description
This mixed-use building on busy Ashland with multiple income streams and a desirable location presents an attractive investment opportunity with the potential for long-term growth and profitability. It combines the convenience of a storefront with the comfort of a 3 bedroom apartment on the second floor. The 3-car garage ensures ample parking, eliminating the hassle of searching for street parking and potentially providing added income. There is a partial basement for extra storage. The building is being sold AS IS
Full Property Details
Full Property Details for 5038 S Ashland Ave
General
- Price: $215,000
- Taxes: $2,262 (2022)
- Status: Active
- Type: Commercial
- MLS ID: 11998626
- Updated: 3/17/2024
- Added to Site: 54 day(s) ago
Interior
- Interior Features: Basement
Parking
- Parking Features: 1 to 5 Spaces
Location
- Area: CHI - New City
- County: Cook
- Township: South Chicago
- Driving Directions: Ashland Ave to 50th St
- Location Details: Chicago South, Mixed-Use Area
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Stories/Levels: 2
- Square Feet: 3,120
- Current Bldg. Use: Commercial
- # of Stores: 1
- Year Built: 1960
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 2,703
- Lot Dimensions: 25 x 125
- Frontage: City Street
- Potential Use: Retail, Other
- Zoning: COMMR
Financial Considerations
- Assessment Year: 1960
- Tax Amount: $2,262.3
- Tax Year: 2022
Disclosures and Reports
- Property ID: 20072300340000
Listed by Re/Max In The Village
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Schools
Schools serving 5038 S Ashland Ave
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
4747 S Marshfield Ave, Chicago, IL 60609 | PK-8 | 0.4 mi | |
5009 S Laflin St, Chicago, IL 60609 | 9-12 | 0.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5038 S Ashland Ave
Date
Details
Price
Change
Source
3/11/2024
Listed
$215,000
19.44%
MLS
3/13/2020
Sold
$180,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5038 S Ashland Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
$2,262
2%
$10,999
—
2021
$2,212
13%
$10,999
25%
2020
$1,959
-5%
$8,796
-14%
2019
$2,055
2%
$10,228
—
2018
$2,020
-51%
$10,228
-47%
2017
$4,157
7%
$19,310
—
2016
$3,868
26%
$19,310
—
2015
$3,058
17%
$19,310
16%
2014
$2,606
2%
$16,613
—
2013
$2,543
—
$16,613
—
2012
$2,533
—
$16,613
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5038 S Ashland Ave
5038 S Ashland Avenue, Chicago, IL 60609 (MLS# 11998626) is a Commercial property. 5038 S Ashland Avenue is currently listed for $215,000 and was received on March 11, 2024. Want to learn more about 5038 S Ashland Avenue? Do you have questions about finding other Commercial 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.