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$3,300,000

Est. payment - /mo

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13,420 SqFt

Pending

1435 N Ashland AVE Chicago, IL 60622

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Cristina Gluszek

cristinagluszek@gmail.com +1(815) 557-3821

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Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Pending

Purchase Type For Sale

Square Footage 13,420 sqft

Price per Sqft $245

MLS Listing ID 12359734

Maintenance Fees $5,531

Year Built 1894

Annual Tax Amount $23,131

Tax Year 2023

Lot Dimensions 72 X 108

Property Sub-Type Multi Family 5+

Property Description

A rare and exceptional investment opportunity, 1435-1439 N. Ashland Ave presents an 8-unit multifamily property situated on an oversized triple lot in the heart of Wicker Park-one of Chicago's most sought-after neighborhoods. Spanning two expansive buildings, this trophy asset offers a mix of generously sized, updated apartments, each featuring private outdoor space and access to a beautifully maintained shared courtyard. The property's unit mix-(3) 2BD/1BA, (1) 2BD/2BA, (2) 3BD/2BA, (1) 3BD/3BA, and (1) 4BD/3BA-is ideal for maximizing rental income in a high-demand rental market. Notably, five of the eight units are over 1,500 square feet, providing exceptional living space rarely found in this area. Interiors include in-unit laundry, hardwood floors, granite countertops, stainless steel appliances, and individual mechanical systems, offering modern conveniences with long-term durability. Current rents are significantly below market per square foot, presenting a clear value-add opportunity through light renovations or full redevelopment. Whether you're seeking stable income, future upside, or redevelopment potential, 1435-1439 N. Ashland Ave delivers on all fronts-making it a standout investment in an A+ location.

Location

State IL

County Cook

Area Chi - West Town

Interior

Cooling Central Air

Fireplace N

Exterior

Roof Type Composition,Membrane

Building

Dwelling Type Multi Family 5+

Level or Stories 3

Listed by Tyler Weekes • Star Realty & Management