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1440 N Ashland Ave
Chicago, IL 60622
Wicker Park Corner Retail / Office Space · Multifamily Property For Sale
·
6 Units
Property Facts
| No. Units | 6 | Lot Size | 0.04 AC |
| Property Type | Multifamily | Building Size | 5,310 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1871 |
| Building Class | C | ||
| Zoning | B3-2 | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 5,310 SF |
| No. Stories | 3 |
| Year Built | 1871 |
| Zoning | B3-2 |
Amenities
Unit Amenities
- Basement
About 1440 N ASHLAND AVE , CHICAGO, IL 60622
– Vintage brick and terra cotta 3-story building originally constructed in 1871 – Legal 6-unit Mixed Use consists of 5 residential apartments and one 1st floor live/work space (700 Sq Ft retail plus 1-bedroom apartment) – Retail storefront currently leased to Fairway Independent Mortgage Corporation through 4/2021 – High traffic location on Ashland between North & Milwaukee/Division – Fully occupied building generates $8,631 monthly cash flow (after expenses) – Below market rents provide buyer opportunity to raise rents to increase return – Includes new roof and full basement with shared laundry
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | 350 |
| 1+1 | 2 | - | 500 |
| 2+1 | 2 | - | 500 |
| 3+1 | 1 | - | 750 |
Property Taxes
| Parcel Number | 17-06-214-038-0000 | Improvements Assessment | $92,395 |
| Land Assessment | $18,169 | Total Assessment | $110,564 |
Property Taxes
Parcel Number
17-06-214-038-0000
Land Assessment
$18,169
Improvements Assessment
$92,395
Total Assessment
$110,564
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