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Essex Realty Group, Inc. has been exclusively engaged to market for sale, 7959 S. Ashland Avenue, a 20 unit property in the Auburn Gresham neighborhood, located just 20 minutes south of Downtown Chicago. The mixed-use property is an outstanding vintage corner building boasting of historic architecture and grandeur.
This value-add property has a unit mix comprised of five (5) 2 bed / 1 bath, seven (7) 1 bed / 1 bath, & four (4) studio apartments. There are an additional four (4) retail units on main level, each with one bathroom.
Units feature hardwood floors, wood cabinets, granite & laminate countertops, white appliances, refreshed bathrooms, and spacious living areas. The Common-ways and stairs are original marble which adds a historic Chicago touch.
All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.
Total Population | 38,733 | 258,798 | 717,164 | |
Population Median Age | 40 | 39 | 38 | |
Population by Age | 0-9 Yrs | 4510 (11%) | 32652 (12%) | 94034 (13%) |
10-19 Yrs | 5332 (13%) | 35781 (13%) | 102222 (14%) | |
20-29 Yrs | 5164 (13%) | 35976 (13%) | 105156 (14%) | |
30-39 Yrs | 4045 (10%) | 29518 (11%) | 89634 (12%) | |
40-49 Yrs | 4702 (12%) | 31140 (12%) | 88206 (12%) | |
50-59 Yrs | 5361 (13%) | 36502 (14%) | 92693 (12%) | |
60-69 Yrs | 4312 (11%) | 28399 (10%) | 73033 (10%) | |
70+ Yrs | 5308 (13%) | 28831 (11%) | 72187 (10%) | |
Median HH Income | $33,875 | $38,624 | $42,709 | |
Total Household Income | < 24K | 5713 (39%) | 33773 (35%) | 82274 (32%) |
25-49K | 3593 (25%) | 21966 (23%) | 60821 (23%) | |
50-74K | 2130 (14%) | 14531 (15%) | 40210 (15%) | |
75-99K | 1194 (8%) | 9151 (9%) | 26498 (10%) | |
100-199K | 1534 (10%) | 12715 (13%) | 39136 (15%) | |
200K+ | 177 (1%) | 2185 (2%) | 7726 (3%) | |
Highest Education Level | No Diploma | 4334 | 26930 | 79599 |
Diploma or GED | 8242 | 52916 | 143522 | |
Some College | 7598 | 46455 | 112239 | |
Assoc. Degree | 2301 | 13814 | 34450 | |
Bachelors Degree | 2392 | 19788 | 59217 | |
Higher Degree | 1365 | 12894 | 39962 | |
Total Housing Units | 17,508 | 114,308 | 303,584 | |
--Owner-Occupied | 6,447 | 47,899 | 132,799 | |
--Renter-Occupied | 7,893 | 46,421 | 123,868 | |
Owner-Occupied Values | < 100K | 1685 | 9798 | 23681 |
100-199K | 3951 | 25249 | 63563 | |
200-299K | 704 | 8394 | 31047 | |
300-399K | 55 | 2505 | 8034 | |
400-499K | 0 | 808 | 2636 | |
500K+ | 54 | 1145 | 3839 | |
Total Working Age Population | 30,775 | 204,536 | 562,288 | |
In Work Force | 16,659 | 119,494 | 340,226 | |
Not In Work Force | 14,116 | 85,042 | 222,061 | |
Workforce Employed | 13,890 | 99,390 | 291,569 | |
Workforce Unemployed | 2,768 | 20,074 | 48,579 | |
Civlian Workforce | 16,659 | 119,464 | 340,147 | |
Military Workforce | 0 | 30 | 79 | |
Total Households | 14,340 | 94,320 | 256,667 | |
Family Households | 8,830 | 58,125 | 156,147 | |
Non-Family Households | 5,510 | 36,195 | 100,520 | |
Married Couple | 3,010 | 23,740 | 77,335 | |
Other Family | 5,820 | 34,384 | 78,812 | |
Married w/Child | 879 | 9,125 | 34,358 | |
Single Male w/Child | 261 | 2,112 | 6,208 | |
Single Female w/Child | 1,892 | 11,776 | 27,842 |
Population Change Last Two Decades - Plus Projection
2000 | % | 2010 | % | 2020 | % | 2030 | |
---|---|---|---|---|---|---|---|
Illinois | 12,419,293 | +3 | 12,830,632 | +12 | 14,316,487 | +6 | 15,138,849 |
Cook County | 5,376,741 | -3 | 5,194,675 | +10 | 5,707,832 | +5 | 5,990,243 |
Will County | 502,266 | +35 | 677,560 | +34 | 907,625 | +20 | 1,093,207 |