1435-1439 N Ashland Ave - Apartments FOR SALE


Chicago, IL 60622
$3,500,000 USD
773-592-8366
1435-1439 N Ashland Ave, Chicago, IL for Sale
$3,500,000 USD
Apartments - FOR SALE
1/19
null | Request Cap Rate

1435-1439 N Ashland Ave
Chicago, IL 60622


HIGHLIGHTS

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

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$280 USD /SF

# OF UNITS

8

PRICE/UNIT

$437,500

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1894

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

B3-2

APN/PARCEL ID

17-05-107-007-0000

ASK ABOUT THIS PROPERTY

James DarrowEssex Realty GroupMore Info
773-592-8366

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James DarrowEssex Realty GroupMore Info
773-592-8366

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.