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3642 N Ashland Ave
Chicago, IL 60613 Lakeview

$510,000

Storefront Retail Residential For Sale  •  2,700 Sq Ft

Property Details

  • Property Type Storefront Retail Residential
  • Total Building Size 2,700 Sq Ft
  • Lot Size 0.06 ac
  • Year Built 1960
  • Cap Rate 4.00 %
  • Zoning C1-2
72 Transit Score
94 Walk Score

Description

Building is a Free Standing Building, the Lot ia 108 x 25 and the rentable space is 2700'. The Location is Everything as it is by a signalized intersection. The Zoning is C1-2 Commercial, and this property is in a Central Business District / Mixed Use Area. This Property could be redeveloped with the potential to do Residential Living on the top floor with retail below. High Demand for this location, Lake View Township.

Highlights

Investment / Tenant in place / new lease with Long Time Established Business
Redevelopment in building upwards / Central Business District / Mixed Use Area
Great Location Lake View Township / Property is by Signal Intersection

Financial Summary

Cap Rate: 4.00 %

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Bus Line
  • Signalized Intersection
  • Monument Signage

Public Transportation

Commuter RailDriveWalkDistance
Ravenswood Station Commuter Rail (Union Pacific North Line) 5 min - 1.8 mi
Clybourn Station Commuter Rail (Union Pacific North, Union Pacific Northwest Lines) 4 min - 2.2 mi
Transit/SubwayDriveWalkDistance
Addison Station (Brown Line) 1 min 9 min 0.4 mi
Paulina Station (Brown Line) 2 min 9 min 0.4 mi
Southport Station (Brown Line) 3 min 13 min 0.7 mi
Irving Park Station (Brown Line) 2 min 14 min 0.7 mi
Addison Station (Red Line) 2 min 18 min 0.9 mi
AirportDriveWalkDistance
Chicago Midway International Airport 24 min - 13.5 mi
Chicago O'Hare International Airport 22 min - 13.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 3
Type: Surface
Included in Rent: Yes
Edward Dingman 847-987-6626 National Golf and Marina Properties Group
Edward Dingman 847-987-6626 National Golf and Marina Properties Group