6912 N Ashland Avenue Chicago, IL ^$ 4,800,000

6912 N Ashland Avenue

^$ 4,800,000

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6912 N Ashland Avenue

Chicago, IL, 60626

^$ 4,800,000

Bedrooms1 Baths0.0

Monthly Estimate*

^$ 29,554

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Multi-Family Home for sale in Chicago, IL

for $4,800,000 with 1 bedroom. This home was built in 1928 on a lot size of 0.394858.

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.

Multi-Family Active

Price

^$ 4,800,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 59,113

Style

Multi-Family

Lot Size

0.394858

Year Built

1928

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12588866

Features

General

Zoning MULTI

Construction Materials Brick

Year Built 1928

Electric Circuit Breakers Service - 201 to 600 Amps

Tenant Pays Electricity

Stories Count 4

Township Rogers Park

Tax Year 2024

Current Use Multi-Family

Gross Income 483816

County Cook

Net Operating Income 321428

Operating Expense 165395

Insurance Expense 15093

Property Type Commercial Sale Multi Family 5+

MaintenanceExpense 12000

Possible Use Condominium Multi-Family

Status New

Directions East on Morse South on Ashland

City Chicago

Number Of Units Total 40

MLS Area CHI - Rogers Park

Lot Size Square Feet 17200

Tax Annual Amount 59113

Electric Expense 5390

Fuel Expense 17883

Trash Expense 7256

Water Sewer Expense 15097

Additional Parcels Y/N N

Standard Status Active

Cap Rate 6.69

Exterior

Water Source Municipal Water

Foundation Details Concrete Perimeter

Lot Dimensions 50x165

Frontage Type City Street

* Excluded Features

List By

Baird & Warner

Broker

tal.haimovitch@bairdwarner.com

Affordability Calculator

$34,481

Per Month

Monthly Principal & Interest: $29,554
Monthly Property Taxes: $4,926
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% 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 ^$619,413

Percent of Sale Price 87%

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
3/11/2026	$4,800,000		Listed Price

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6912 N Ashland Avenue, Chicago, IL, 60626 is a Multi-Family Home for sale at $4,800,000 with a lot size of 0.394858. 6912 N Ashland Avenue has 1 bedrooms, 0.0 baths, and was built in 1928. The property's zip code is 60626 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 3/16/2026.

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6912 N Ashland Avenue

Multi-Family Home for sale in Chicago, IL

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