5124 Ashland AveChicago, IL 60609

For Sale
$229,900

2700 sq ft lot, $229,900

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 2,700 square foot commercial lot, located at 5124 S Ashland Avenue in Chicago, Illinois, presents a unique investment opportunity. Zoned for commercial use, this property offers significant potential for redevelopment or expansion. The asking price is $229,900. The property is being sold "as-is/where-is." The lot's size provides ample space for various commercial ventures. The property's address is within Cook County, Illinois, and its zip code is 60609. While the current structure includes four units – a storefront and three residential units (one 2-bedroom/1-bath unit on the first floor, and two 2-bedroom/1-bath units on the second floor) – along with a two-car garage, the property's potential extends beyond its current configuration. The existing units could generate rental income, making this a potentially lucrative investment. The property's location in Chicago offers excellent access to transportation and a diverse customer base. Serious inquiries are encouraged to explore the possibilities this prime commercial lot offers. This is a chance to acquire a valuable piece of Chicago real estate with significant upside potential. The property is classified as Special Purpose Land. Buyers are responsible for conducting their own due diligence.

Highlights

  • 2,700 SF commercial lot in Chicago, IL, asking $229,900.
  • Located at 5124 S Ashland Ave, Chicago, IL 60609 (Cook County).
  • Zoned for commercial use, offering redevelopment or expansion potential.
  • Currently features a storefront and three residential units (one 2-bed/1-bath on the first floor, two 2-bed/1-bath units on the second floor), plus a two-car garage.
  • Sold "as-is/where-is"; buyer responsible for due diligence.

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.800595
Longitude
-87.6650937
5124 Ashland Ave, Chicago, Illinois

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
5124 Ashland Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message