This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

6512 S Ashland Ave

3,000 SF 100% Leased Retail Building Chicago, IL 60636 $295,000 ($98/SF)

Investment Highlights

  • Fully occupied building with immediate cash flow opportunities.
  • Great location on Ashland Avenue
  • Businesses in the area include: McDonald’s, Metro by T-Mobile, Subway, Family Dollar and more
  • Generates $36,000 gross annually
  • Close to public and vehicular transportation

Executive Summary

Fully updated 2 unit mixed use building. Storefront currently occupied by long term Hair Salon and Barber shop. Second floor is a rehabbed 3 bedroom apartment. All individual utilities with very low owner expenses.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,000 SF
Building Class
B
Year Built/Renovated
1923/2011
Price
$295,000
Price Per SF
$98
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.86
Lot Size
0.08 AC
Opportunity Zone
Yes
Zoning
C1-2
Frontage
30 FT on S Ashland Ave

About 6512 S Ashland Ave , Chicago, IL 60636

Just minutes away from the I-90/I94 expressway, a 3,000 square foot mixed-use property is available for sale. This building features a retail space, occupied by a long-term barbershop/salon tenant, on the ground floor with a bedroom apartment on the top floor. Situated on Ashland Avenue, this property is convenient to pubic transportion, including the 63rd MetraRail train stop. Just south of 65th Street on Ashland Avenue, this proeprty is located near a number of prominent local retailers. The building’s location enjoys a large number of surrounding residences at this location, making it a great opportunity for an investor.

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • S Class Barber Shop
  • -
  • 1,400 SF
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
S Class Barber Shop - 1,400 SF - -
Walk Score ®
Very Walkable (71)
Bike Score ®
Very Bikeable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Chase Bank
Bank of America
Rent-A-Center
Citi
Checkers
Food 4 Less
Starbucks
Whole Foods
U.S. Bank
Huntington National Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
20-19-223-026-0000
Land Assessment
$923
Improvements Assessment
$7,278
Total Assessment
$8,201
  • Listing ID: 32641163

  • Date on Market: 5/29/2019

  • Last Updated:

  • Address: 6512 S Ashland Ave, Chicago, IL 60636

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}