4848 S Ashland Avenue Chicago, IL ^$ 715,000

4848 S Ashland Avenue

^$ 715,000

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4848 S Ashland Avenue

Chicago, IL, 60609

^$ 715,000

Bedrooms7 Baths0.0 Sq 7,857

Monthly Estimate*

^$ 4,461

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Multi-Family Home for sale in Chicago, IL

for $715,000 with 7 bedrooms. This 7,857 square foot home was built in 1888 on a lot size of 0.06.

This well-maintained six-unit property, built in 2012, features a sturdy all-brick exterior and is designed for modern living. Each unit is equipped with separate HVAC systems, ensuring year-round comfort, and all utilities are individually metered for convenience. The property also boasts energy-efficient double-pane windows, helping to reduce energy costs and maintain a comfortable environment. The back of the property is enhanced with beautiful pavers, providing a stylish and functional outdoor space. Gated parking, accessible from the alley, offers secure parking for residents. Inside, each unit showcases sleek black quartz countertops, adding a contemporary touch to the kitchens. With its prime location in up and coming back of the yards neighborhood, low maintenance, and thoughtful design, this property is a great opportunity for any investor.

Multi-Family Contingent

Price

^$ 715,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 4,245

Style

Lot Size

0.06

Year Built

1888

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12483610

Features

General

Cooling Central Air

Possession Closing

Zoning OTHER

Construction Materials Brick Concrete

Year Built 1888

Electric Service - 0 to 100 Amps

Tenant Pays Electricity Heat

Stories Count 3

Tax Year 2023

Gross Income 118800

County Cook

Net Operating Income 100800

Operating Expense 18000

Insurance Expense 4850

Property Type Commercial Sale Multi Family 5+

Contingency Attorney/Inspection

MaintenanceExpense 2000

Status Contingent

Directions South On 4800 Ashland Property on West of Ashland

City Chicago

Number Of Units Total 6

MLS Area CHI - New City

Lot Size Square Feet 2825

Tax Annual Amount 4245.22

Electric Expense 850

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 3200

Additional Parcels Y/N N

Standard Status Active Under Contract

Interior

Basement None

Exterior

Foundation Details Concrete Perimeter

Building Area Total 7857

Lot Dimensions 50X125

Lot Size Acres 0.06

* Excluded Features

List By

Trp Realty Llc

Broker

eesquivel@resurrectionproject.org

Affordability Calculator

$4,814

Per Month

Monthly Principal & Interest: $4,461
Monthly Property Taxes: $354
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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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Nearby

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$615,846

Percent of Sale Price 14%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/29/2025	$715,000		Listed Price

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4848 S Ashland Avenue, Chicago, IL, 60609 is a Multi-Family Home for sale at $715,000 with 7,857 sqft and a lot size of 0.06. 4848 S Ashland Avenue has 7 bedrooms, 0.0 baths, and was built in 1888. The property's zip code is 60609 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 12/7/2025.

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4848 S Ashland Avenue

Multi-Family Home for sale in Chicago, IL

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