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.
Listed By
Agency Name: Baird & Warner
Agency Phone: 312-242-1000
Shown By
Agent Name: Linda Dunn
Agent Phone: (815) 397-4040
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Estimated Payment
$ 17,008.80 per month $10,682.72 Principal & Interest $4,926.08 Property Tax $1,400.00 Homeowner's Insurance
6912 N Ashland Avenue | MLS# 12588866
This multi-family property located at 6912 N Ashland Avenue, Chicago, IL 60626 is currently listed for sale with an asking price of $4,800,000. Search Chicago real estate on lindadunn.bhhscrosby.com today.