reo 100% leased four (4) unit mixed-use property along ashland · 2017. 10. 11. · location maps...

P R O P E R T Y O V E R V I E W

P R O P E R T Y H I G H L I G H T S

D E TA I L S

Sale Price $230,000

Lot Size 0.06 Acres

Building Size 3,784 SF

Occupancy 100%

Year Built 1893

Market Cook County

Sub Market South Chicago

Cross Streets West 50th Street &

South Ashland

Avenue

Traffic Count 14,600 VPD

Two-story mixed use building along South Ashland Avenue, located in Chicago's Back OfThe Yards neighborhood. The property fronts Ashland Avenue with visibility andexposure to approximately 14,600 VPD. The building consists of three (3) residentialapartment units and one (1) ground floor retail unit. Currently, the property produces agross annual income of $44,592 at the current 100% occupancy. The building finds itselfsubmerged in a diverse corridor filled with an abundance of retail, office and multi-familyproperties, including nearby national retailers Walgreens, AutoZone, O'Reilly Auto Parts,and Metro PCS. Additionally, the property is conveniently located within one (1) mile ofthe Orange Line and two (2) miles from multiple Interstates (I-90/94 & I-55).

ZACK PEARLSTEIN Associate

ANDREW RUBIN Vice Presidentarubin@frontlinerepartners.com (P) 224.628.4005 (C) 224.628.4005

zpearlstein@frontlinerepartners.com (P) 847.275.6106 (C) 847.275.6106

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors,omissions, change of price, rental or otther conditions, prior sale, lease or financing, or withdrawal without notice.

Frontline Real Estate Partners

f r o n t l i n e r e p a r t n e r s . c o m

477 Elm PlaceHighland Park, IL 60035

5015 SOUTH ASHLAND AVENUE | CHICAGO, IL 60609

REO 100% Leased Four (4) Unit Mixed-Use Property Along Ashland

• 100% leased and producing a gross annual income of $44,592

• Second floor residents are section-8 housing Tenants

• Conveniently located two (2) miles to both I-90/94 and I-55

• Visibility and exposure to approximately 14,600 VPD along Ashland Avenue

Property Unit(s) Lease Lease Type Area Lease From Lease To Term Monthly Rent MonthlyRentPerArea

Annual Rent AnnualRentPer

Area

AnnualRec.PerArea

AnnualMiscPer

Area

SecurityDeposit

LOC Amount/Bank

Guarantee

5015ashl - 5015 S Ashland, Chicago,Chicago

Current Leases

5015ashl 1F Cut 2 Keep Retail - Grs 0.00 08/01/2017 0 500.00 0.00 6,000.00 0.00 0.00 0.00 0.00 0.00

5015ashl 1R Murad Eiland ResidentialRent

0.00 08/01/2017 0 1,044.00 0.00 12,528.00 0.00 0.00 0.00 0.00 0.00

5015ashl 2F Denise Coleman ResidentialRent

0.00 08/01/2017 0 1,122.00 0.00 13,464.00 0.00 0.00 0.00 0.00 0.00

5015ashl 2R Joe Gladney ResidentialRent

0.00 08/01/2017 0 1,050.00 0.00 12,600.00 0.00 0.00 0.00 0.00 0.00

TotalCurrent

0.00 3,716.00 0.00 44,592.00 0.00 0.00 0.00 0.00 0.00

TotalUnits

Total Area Percentage MonthlyRent

Annual Rent

Occupied 4 0.00 0.00 3,716.00 44,592.00

Vacant 0 0.00 0.00 0.00 0.00

Total 4 0.00 3,716.00 44,592.00

Rent Roll Page 1

Property: 5015ashl From Date: 10/10/2017 By Property

Tuesday, October 10, 2017

05:15 PM

LOCATION MAPS

REO 100% Leased Four (4) Unit Mixed-Use Property Along Ashland

5015 South Ashland Avenue | Chicago, IL 60609

FOR SALE

ZACK PEARLSTEIN Associate

ANDREW RUBIN Vice Presidentarubin@frontlinerepartners.com (P) 224.628.4005 (C) 224.628.4005

zpearlstein@frontlinerepartners.com (P) 847.275.6106 (C) 847.275.6106

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors,omissions, change of price, rental or otther conditions, prior sale, lease or financing, or withdrawal without notice.

Frontline Real Estate Partners

f r o n t l i n e r e p a r t n e r s . c o m

477 Elm PlaceHighland Park, IL 60035

DEMOGRAPHICS MAP

REO 100% Leased Four (4) Unit Mixed-Use Property Along Ashland

5015 South Ashland Avenue | Chicago, IL 60609

FOR SALE

ZACK PEARLSTEIN Associate

ANDREW RUBIN Vice Presidentarubin@frontlinerepartners.com (P) 224.628.4005 (C) 224.628.4005

zpearlstein@frontlinerepartners.com (P) 847.275.6106 (C) 847.275.6106

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors,omissions, change of price, rental or otther conditions, prior sale, lease or financing, or withdrawal without notice.

Frontline Real Estate Partners

f r o n t l i n e r e p a r t n e r s . c o m

477 Elm PlaceHighland Park, IL 60035

HOUSEHOLDS & INCOME 0.5 MILES 1 MILE 1.5 MILES

TOTAL HOUSEHOLDS 4,095 11,860 21,089

# OF PERSONS PER HH 3.6 3.8 3.7

AVERAGE HH INCOME $35,675 $36,500 $39,135

AVERAGE HOUSE VALUE $180,416 $189,958 $190,133

POPULATION 0.5 MILES 1 MILE 1.5 MILES

TOTAL POPULATION 14,726 44,721 78,476

POPULATION DENSITY 14,726 44,721 78,476

MEDIAN AGE 25.6 27.4 28.2

MEDIAN AGE (MALE) 25.9 27.8 28.1

MEDIAN AGE (FEMALE) 25.7 27.2 28.5

ADDITIONAL PHOTOS

REO 100% Leased Four (4) Unit Mixed-Use Property Along Ashland

5015 South Ashland Avenue | Chicago, IL 60609

FOR SALE

ZACK PEARLSTEIN Associate

ANDREW RUBIN Vice Presidentarubin@frontlinerepartners.com (P) 224.628.4005 (C) 224.628.4005

zpearlstein@frontlinerepartners.com (P) 847.275.6106 (C) 847.275.6106

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors,omissions, change of price, rental or otther conditions, prior sale, lease or financing, or withdrawal without notice.

Frontline Real Estate Partners

f r o n t l i n e r e p a r t n e r s . c o m

477 Elm PlaceHighland Park, IL 60035