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5038 S Ashland Avenue

Chicago, IL 60609
  • $249,999
  • STATUS: Active
  • ON SITE: 32 Days
  • MLS #: 12295869
$249,999
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1960
County:
Area:

School Ratings & Info

Description

Welcome to 5038 S Ashland, a fantastic mixed-use opportunity perfect for investors or owner-occupants! This versatile, fully vacant building offers a commercial space on the first floor, complete with a half bath and additional storage in the basement-ideal for a variety of businesses. Upstairs, you'll find a spacious, move-in ready 3-bed, 1-bath apartment featuring beautiful hardwood floors and modern stainless steel appliances. Whether you're looking to generate rental income or live above your business, this setup is perfect! Additional highlights include a 4-car garage for ample parking and a freshly repainted exterior (2025), adding to the building's curb appeal. Don't miss this turnkey opportunity-schedule your showing today!

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© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2025-03-26T00:00:17.747 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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5038 S Ashland Avenue Chicago, IL 60609

  • Price: $249,999
  • Status: Active
  • On Site: 32 Days
  • MLS #: 12295869
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1960
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
Welcome to 5038 S Ashland, a fantastic mixed-use opportunity perfect for investors or owner-occupants! This versatile, fully vacant building offers a commercial space on the first floor, complete with a half bath and additional storage in the basement-ideal for a variety of businesses. Upstairs, you'll find a spacious, move-in ready 3-bed, 1-bath apartment featuring beautiful hardwood floors and modern stainless steel appliances. Whether you're looking to generate rental income or live above your business, this setup is perfect! Additional highlights include a 4-car garage for ample parking and a freshly repainted exterior (2025), adding to the building's curb appeal. Don't miss this turnkey opportunity-schedule your showing today!
Exterior Features

Docks None Exterior Building Type Brick Frontage Type City Street Outdoor Parking 1-5 Spaces Roof Structure Flat

Interior Features

Cooling None Fireplaces Total 0 Flooring TileWood Heat Ventilation Forced Air Miscellaneous Inside Basement Number Of Dishwashers 0 Number Of Dryers 0 Number Of Ranges 1 Number Of Washers 0

Property Features

Additional Parcels YN No Approximate Age Older Building Area Total 3120 Built Before1978 YN Yes Current Use Commercial Electric Circuit Breakers Fire Protection Fire Extinguisher/sNone Geographic Locale Chicago South Gross Income 43200 Gross Scheduled Income 43200 Insurance Expense 0 Location Mixed Use AreaPublic Transport AvailHigh Traffic Area Mls Actual Status Active Net Operating Income 0 Number Of Tenants 0 Operating Expense 0 Ownership Types Other Possible Use CommercialRetailOther Rental Price 13.85 Tax Annual Amount 2320.66 Tax Year 2023 Total Monthly Income 3600 Township South Chicago Type Mixed Use Zoning COMMR

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of Realty of America, LLC: 708-788-1900.


© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2025-03-26T00:00:17.747 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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