Great investment in upcoming area. Large building has 4 ( 2 ) bedroom units. Coach house need some work but has lots of potential with 3 levels including enclosed parking. Close to Schools, public transportation and shopping on 47th and Ashland St.
New City / Back of the Yards, located between Pershing Road and 55th Street, is a historic and industrial Chicago neighborhood with brick two-flats and rail-lined corridors. The neighborhood’s character concentrates around 47th Street and Ashland Avenue, where taquerias, corner bakeries, and long-running storefronts sit beside working warehouses. The Union Stock Yard Gate anchors the area’s legacy in the streetscape. Back of the Yards Coffee Co. adds a modern counterpoint in a straightforward, workshop-like setting. Davis Square Park and the broad lawns of Sherman Park frame everyday outdoor time among gridded blocks and freight routes.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Some photos are virtually staged
Bedrooms
Four units with 2 bedrooms each
One unit with 3 bedrooms
Bathrooms
Four units with 1 full bathroom each
One unit with 1 full bathroom
Kitchen
Two ranges total in the building
Laundry & utility
One washer in the building
Heating & cooling
Gas heating
Exterior features
Lot dimensions approximately 50 x 125
Home design
Multi-family building (5+ units)
Construction
Built before 1978
Utilities
Electric with circuit breakers
Financial info
Total of 5 units
Total monthly income reported as $4,900
Gross annual income reported as $58,800
Reported monthly incomes by unit: four units at $1,250 each, one unit at $650
Gross Rent Multiplier of 6.8
Water and sewer expense approximately $3,000
Insurance expense approximately $5,000
Other
Parcel number 20064080200000
Electricity and solar
View estimated energy costs and solar savings for this home
The primary purpose of the RS districts is to accommodate the development of detached houses on individual lots. It is intended that RS zoning be applied in areas where the land-use pattern is characterized predominately by detached houses on individual lots or where such a land use pattern is desired in the future. The Zoning Ordinance includes three RS districts - RS3 - which are differentiated primarily on the basis of minimum lot area requirements and floor area ratios.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Housing-Single unit
Housing-Other
Infrastructure
Educational / school
Library
Recreation
Cemetery
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 100° expected this year, 15 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Chicago, IL • 60609
Average low and high temperatures (°F)
31
17
39
25
54
36
62
45
68
52
81
65
85
71
81
68
78
62
68
52
52
40
37
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
67/ 100
Moderate sunlight
Sunscore
This home receives average direct sun exposure in Chicago. There appears to be some shading by surrounding buildings, terrain, and vegetation.
7.3 hrs
3.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate
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