BEDS0
BATHS
MLS#12588866
STATUSContingent
PROPERTY TYPEMulti Unit - Multiple
Property Description
The property features a well-balanced unit mix consisting of twenty-eight (28) studio apartments and twelve (12) one-bedroom/one-bathroom units. The majority of apartments offer upgraded interiors complemented by vintage character, with finishes that include granite or quartz countertops, raised-panel cabinetry, and hardwood or vinyl flooring. Common area amenities include a secured building entrance, an on-site laundry facility, and a dedicated mail and package room. Current in-place rents are approximately 15% below market compared to nearby properties with similar finishes, presenting an opportunity for new ownership to implement a more proactive management strategy and capture meaningful rental upside.
Property Features
Property Type: Multi Unit - Multiple
Lot Size: 0.39 Acres
Stories: 4.0
Taxes: $59,113
Year Built: 1928
Feature Descriptions
Current Use: Multi-Family
Electric: Circuit Breakers, Service - 201 to 600 Amps
Exterior: Brick
Foundation: Concrete Perimeter
Frontage Type: City Street
HVAC: Central Bldg Heat
Location: Free Standing/Urban
Lot Dimensions: 50x165
Parcel#: 11312220300000
Potential Use: Condominium, Multi-Family
Tenant Pays: Electricity
Units: 40
Listed By / Shown By
Listed By
Agency Name: Baird & Warner
Agency Phone: 312-242-1000
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
Estimate Your Payment
Estimated Payment
$ 17,008.80 per month $10,682.72 Principal & Interest $4,926.08 Property Tax $1,400.00 Homeowner's InsuranceChange Payment Information
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6912 N Ashland Avenue | MLS# 12588866
This multi-family property located at 6912 N Ashland Avenue, Chicago, IL 60626 is currently listed for sale with an asking price of $4,800,000. Search Chicago real estate on www.bhhscrosby.com today.