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About the Listing 18283 - 183772
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.
Listing Highlights for 1813 S Ashland Ave
Status
Active
Days on Site
14
Property Type
Commercial Sale
MLS ®
12506571
Year Built
1893
Total Square Footage
5,904
Lot/Acreage
0.07
County
Cook
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Central Heat/Indiv Controls,Forced Air,Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 24X125
- Zoning: COMMR
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $11,665
- Taxes w/Assessments: N/A
- Tax/Property ID: 17203080060000
- Tax Year: 2023
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
1813 S Ashland Ave Chicago, IL 60608
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