NOT LISTED FOR SALE

5706 S Ashland Ave Chicago, IL 60636

Englewood Neighborhood

Estimated Value: $149,998 - $175,000

0.26 Acre
$624,996 Price per Acre
11,326 Sq Ft Lot

Last Sold September 06, 2023

Last sale price $137,500

Est. 18% increase in value since last sale

Current estimated payment $1,088/month

46 Days on Market

About This Lot

As of September 2023

We are thrilled to present a remarkable property for sale that has tremendous potential for a wide range of ventures. This strategically zoned 12,105 square foot property is ideally suited for motor vehicle-related commercial businesses, offering a captivating opportunity to establish a thriving automotive enterprise. However, the versatility of this property extends far beyond that, allowing for an extensive array of alternative uses such as universities, animal services, urban indoor/outdoor farming, restaurants, liquor stores, gas stations, hotels, and much more. With its expansive size, this property provides an abundance of space to bring your vision to life. Whether you are envisioning a large-scale operation or a more intimate establishment, this property can accommodate a diverse range of development plans. Its advantageous location is only a few miles away from the construction of The Obama Presidential Center, and development of the surrounding neighborhoods is being heavily incentivized by the city. Property values will certainly be on the rise!. Surrounded by a multitude of amenities, this property offers an enticing investment opportunity. Investing in land and building in the City of Chicago has proven to be both profitable and achievable for individuals from all walks of life. Contact us today to explore this property and seize the opportunity to turn your entrepreneurial dreams into reality.

Last Agent to Sell the Property

Matthew Wilson

Baird & Warner License #475206799 Listed on: 07/07/2023

Baird & Warner

Last Buyer's Agent

Zenaido Roman

Core Realty & Investments Inc. License #475106938

Core Realty & Investments Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,051

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 100 x 121.05
  • Property is zoned COMMR

Schools

  • Anna R. Langford Community Acade Elementary And Middle School
  • Gage Park High School

Additional Features

  • Electricity Available at Street
  • Gas Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$2,051

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Road Surface Type: Asphalt
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Agricultural, Agricultural/W Bldg, Commercial, Industrial, Liquor License, Office and Research, Recreational, Multi-Family, Single Family, Retail
  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 100
  • Frontage Type: City Street
  • List Price: 140000
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Utilities: Electric Nearby, Gas Nearby, Sanitary Sewer, Water Nearby

Schools

  • Elementary School: Anna R. Langford Community Acade
  • High School: Gage Park High School
  • Middle/Junior School: Anna R. Langford Community Acade
  • Middle/Junior School District: 299

Lot Info

  • Lot Size Acres: 0.26
  • Lot Dimensions: 100 X 121.05
  • Zoning: COMMR
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N
  • Estimated Land Sq Ft: 12,105

Rental Info

  • Board Number: 2

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 2050.96
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2023
Closed on
Sep 5, 2023
Sold by
Victorious Llc
Bought by
Brito Denisse J
Seller's Agent
Matthew Wilson
Baird & Warner
Buyer's Agent
Zenaido Roman
Core Realty & Investments Inc.
List Price
$140,000
Sold Price
$137,500
Premium/Discount to List
-$2,500
-1.79%
Views
30
Current Estimated Value
$162,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,999
Avg. Annual Appreciation
7.73%

Purchase Details

Closed on
Feb 12, 2012
Sold by
Vincennes Corp
Bought by
Victorious Llc

Purchase Details

Closed on
Dec 10, 2009
Sold by
Vincennes Corp
Bought by
Vital Llc

Purchase Details

Closed on
Dec 9, 2009
Sold by
Victorious Llc
Bought by
Vincennes Corp

Purchase Details

Closed on
Jun 16, 2008
Sold by
Vincennes Corp
Bought by
Victorious Llc

Purchase Details

Closed on
Apr 6, 2007
Sold by
Orr David D
Bought by
Vincennes Corp
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Brito Denisse J $137,500 Proper Title
Victorious Llc -- None Available
Vital Llc -- None Available
Vincennes Corp -- None Available
Victorious Llc -- None Available
Vincennes Corp -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marquette National Bank $315,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2023 09/06/23 Sold $137,500 -1.8% --
08/23/2023 08/23/23 Pending -- -- --
07/07/2023 07/07/23 For Sale $140,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,449 $10,199 $9,990 $209
2023 $2,374 $10,199 $9,990 $209
2022 $2,374 $10,199 $9,990 $209
2021 $2,051 $10,199 $9,990 $209
2020 $2,272 $10,199 $9,990 $209
2019 $2,049 $10,199 $9,990 $209
2018 $2,015 $10,199 $9,990 $209
2017 $2,016 $9,366 $9,157 $209
2016 $1,876 $9,366 $9,157 $209
2015 $1,716 $9,366 $9,157 $209
2014 $1,738 $9,366 $9,157 $209
2013 $1,703 $9,366 $9,157 $209
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Matthew Wilson

    Baird Warner

    Section Image

  • Z

    Buyer's Agent in 2023

    Zenaido Roman

    Core Realty & Investments Inc.

    (773) 225-4432

    1 in this area

    6 Total Sales

    Zenaido Roman
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11825846

Midwest Real Estate Data (MRED)

APN: 20-18-223-025-0000

Illinois Cook County Chicago 60636 Englewood

5706 S Ashland Ave, Chicago, IL

This home is located at 5706 S Ashland Ave, Chicago, IL 60636 since 07 July 2023 and is currently estimated at $162,499. 5706 S Ashland Ave is a home located in Cook County with nearby schools including A. Langford Elementary School, CICS Basil, and Academy of St. Benedict the African.

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