For Sale
$229,900

5124 Ashland Ave Chicago, IL 60609

2700 sq ft lot, $229,900

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
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.

Property Details for 5124 Ashland Ave

Property type
Specialty properties, Land

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.800595
Longitude
-87.6650937

FAQs

What type of property is this?
Specialty property - 2700 sq ft lot, $229,900
Where is the specialty property located?
The property is located at 5124 Ashland Ave Chicago, IL.
What is the asking price?
The asking price for this property is $229,900.
What are key features of this property?
This property features: 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.
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5124 Ashland Ave
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