1435-1439 N Ashland Ave
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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.
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.
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- Offering Memorandum
Property Facts
Price | $3,500,000 | Apartment Style | Mid Rise |
Price Per Unit | $437,500 | Building Class | C |
Sale Type | Investment | Lot Size | 0.22 AC |
Gross Rent Multiplier | 10.97 | Building Size | 13,420 SF |
No. Units | 8 | Average Occupancy | 100% |
Property Type | Multifamily | No. Stories | 3 |
Property Subtype | Apartment | Year Built/Renovated | 1894/2018 |
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 |
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Walk Score ®
Walker's Paradise (96)
Transit Score ®
Excellent Transit (74)
Bike Score ®
Biker's Paradise (94)
PROPERTY TAXES
Parcel Number | 17-05-107-007-0000 | Improvements Assessment | $205,246 |
Land Assessment | $46,656 | Total Assessment | $251,902 |
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 |
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1435-1439 N Ashland Ave
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