1813 S Ashland Avenue Chicago, IL $ 1,275,000
1813 S Ashland Avenue
$ 1,275,000
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1813 S Ashland Avenue

Chicago, IL, 60608
$ 1,275,000
Bedrooms2 Baths0.0

Monthly Estimate*

$ 8,906

1813 S Ashland Avenue, Chicago, IL 60608 - Image 1
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1813 S Ashland Avenue, Chicago, IL 60608 - Image 9

Multi-Family Home for sale in Chicago, IL

for $1,275,000 with 2 bedrooms. This home was built in 1893.

1813 S. Ashland is a five (5) unit building in Chicago's historic Pilsen Neighborhood. An attractive location for tenants, this particular property sits steps away from 18th Street, home to some of Chicago's most underrated restaurants. Located one block from the 18th/Paulina Station, the property provides quick and easy transit via pubic transportation to Chicago's Downtown. 1813 S. Ashland is comprised of four (4) 2Bd/1Ba and one (1) Retail space. Highlights include modern finishes with LVP flooring, along with updated mechanical systems. Additionally, the property has in-unit laundry machines and exposed brick walls, making it extremely marketable to potential tenants. 1813 S. Ashland presents an investor with the opportunity to raise rents increasingly through a value-add approach to new ownership. In doing so, its new owner will realize a boosted cap rate and net operating income.

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Multi-Family Active

Price

$ 1,275,000

Bedrooms

2

Property Type

Multi-Family

Taxes

$ 11,372

Style

Year Built

1893

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11974251

Features
General
Year Built 1893
Tenant Pays Electricity Heat Sewer
Stories 3
Tax Year 2022
Gross Income 115200
County Cook
Net Operating Income 76571
Operating Expense 35173
Insurance Expense 5000
Property Type Commercial Sale Multi Family 5+
Status Active
Directions Heading West on W Cermak Road turn right onto S Ashland Ave heading five blocks north where the property sits on the right hand side six buildings in.
City Chicago
Total Units 5
MLS Area CHI - Lower West Side
Street Name Ashland
Tax Annual Amount 11372
Electric Expense 986
Fuel Expense 3871
Trash Expense 592
Water Sewer Expense 1523
Additional Parcels Y/N N
Days on Market 44
Standard Status Active
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Exterior
Lot Dimensions 23' X 182
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Interior
Street Suffix Avenue
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* Excluded Features
List By
Kiser Group Realty Inc

Broker

jgeorge@kisergroup.com

Email

Affordability Calculator

$9,854
Per Month
90%
10%
0%
Monthly Principal & Interest
$8,906
Monthly Property Taxes
$948
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/29/2024$1,275,000 Listed Price

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1813 S Ashland Avenue, Chicago, IL, 60608 is a Multi-Family Home for sale at $1,275,000. 1813 S Ashland Avenue has 2 bedrooms, 0.0 baths, and was built in 1893. The property's zip code is 60608 which is in Chicago, IL