reo 100% leased four (4) unit mixed-use property along ashland · 2017. 10. 11. · location maps...
TRANSCRIPT
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 [email protected] (P) 224.628.4005 (C) 224.628.4005
[email protected] (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 [email protected] (P) 224.628.4005 (C) 224.628.4005
[email protected] (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 [email protected] (P) 224.628.4005 (C) 224.628.4005
[email protected] (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 [email protected] (P) 224.628.4005 (C) 224.628.4005
[email protected] (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