This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

1435-1439 N Ashland Ave

8 Unit Apartment Building $3,500,000 ($437,500/Unit) Chicago, IL 60622

Investment Highlights

  • Two Brick Buildings on a Triple Lot with Beautiful Tree Lined Courtyard
  • Apartments Feature Stainless Steel Appliances, Individual HVAC, Laundry In-Unit & Private Outdoor Space
  • Ideally Located Near Damen, Division & Milwaukee Avenue's Dining & Entertainment Options in Wicker Park
  • Eight Oversized Units Consisting of 2, 3 and 4 Bedroom Mix
  • Less Than 2 Blocks to the Division "L" & 4 Blocks to the Damen "L" Blue Line Stations & Multiple Bus Stops

Executive Summary

1435-1439 North Ashland Avenue, an 8-unit multi-family property located in Chicago's vibrant Wicker Park neighborhood, has been engaged to market for sale. The property consists of two brick buildings and a large tree lined courtyard that together sit on three standard Chicago lots. The eight units are divided between both renovated buildings. Five of the units are in the 1435 building, and three units are in 1439 building, which is set to the rear of the beautiful courtyard away from Ashland. The unique apartments are all large, bright & spacious, and feature hardwood floors, stainless steel appliances, quartz or granite counters, individual HVAC, laundry in-unit and private outdoor space. 1435-39 North Ashland is the only building on the street to feature its own courtyard.
The property is located on a quiet portion of Ashland Avenue, just 4 blocks from the Wicker Park Historic District and the Wicker Park Chicago Landmark District. 1435-39 North Ashland is 2 blocks to the Division & Milwaukee “L” station or 4 blocks to the North/Damen “L” station with quick access to the CTA Blue Line, along with several bus stops, offering tenants countless transportation options. 1435-39 North Ashland presents an investor with a unique opportunity to acquire a well-located, one-of-a-kind property in one of Chicago's most popular and dynamic neighborhoods.

Data Room Click Here to Access

Property Facts

Price $3,500,000
Price Per Unit $437,500
Sale Type Investment
Gross Rent Multiplier 10.97
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid Rise
Building Class C
Lot Size 0.22 AC
Building Size 13,420 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1894/2018
Walk Score ®
Walker's Paradise (96)
Transit Score ®
Excellent Transit (74)
Bike Score ®
Biker's Paradise (94)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
17-05-107-007-0000
Land Assessment
$46,656
Improvements Assessment
$205,246
Total Assessment
$251,902

zoning

Zoning Code B3-2
B3-2
  • Listing ID: 33464078

  • Date on Market: 10/9/2024

  • Last Updated:

  • Address: 1435-1439 N Ashland Ave, Chicago, IL 60622

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}