Status   ACTIVE  
Proven Money Making Investment with 5-Units!
4500 S. Ashland Ave., Chicago, IL, 60609 United States

$399,900
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MLS#06542214
List Date6/6/2007
TypeCommercial
Units5
Square Footage3200
Lot Size3200
Wow! Discover this Corner Brick Building, Proven Money-Making Investment with 5-Units/Stores on High Traffic Business Corner! You will Love the High Income & Low Expenses! Investors: Fully Rented & Wonderful CAP RATE of 11.5% & GRM of 6.9%. 1st Hair Salon, Dry-Cleaners, & Retail Store have Central Heat & Air Conditioning (which are 3 yrs. old), Newer Circuit Breakers (5 yrs.) Full-Unfinished Basement. MONTHLY RENTAL INCOME: Hair Salon #1 is $1,000.00, Retail Store is $1,270.00, Clothing store is $600.00, Restaurant is $950.00, Hair Salon #2 is $950.00, and Advertisement on side of building is $60.00 per month. Easy to Show!