1813 S Ashland Avenue, Chicago, Illinois, United States, 60608

975,000
for Sale
24X125

About the property:

PRICE REDUCED FOR IMMEDIATE SALE! This fully renovated multifamily property presents a turn-key investment opportunity with full occupancy and strong in-place cash flow. The attractive brick building features modernized layouts with open floor plans, newly updated kitchens, and contemporary bathrooms, appealing to today's renters seeking both style and functionality. The renovations enhance the property's long-term durability while reducing near-term capital needs, offering investors peace of mind and stable operations from day one. Adding to the upside, the property includes a vacant coach house located above the rear garage. This space is primed for renovation and conversion into an additional rental unit, providing a clear path for increased income and property value. With its blend of stabilized tenancy and future growth potential, this asset offers investors a rare opportunity to acquire a well-positioned property that combines immediate returns with long-term upside.
Property Type:
Mixed Use
Status:
for Sale
House Style:
Other
Square Feet:
5904
Area:
CHI - Lower West Side
Heating Type:
0
Cross Street:
W. Adams St. #200
Directions:
18th Street & Ashland Ave, south to 1813 on the East Side of the Street
Is Building:
Yes
Is Investment:
Yes
Is Media:
Yes
Is Mix:
Yes
Is Other:
Yes
Is Spa:
Yes
Is Unit:
Yes
Annual Property Taxes:
12,504.50
Listing ID:
12784980

Rooms

Dimensions

Brokered by:
Sperry Van Ness
Presented By: