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3912 N Ashland Ave 3 Unit Apartment Building $1,300,000 ($433,333/Unit) 4.58% Cap Rate Chicago, IL 60613
Investment Highlights
- On site parking
- Individual mechanicals
- Mix of Large One and Two-Bedroom Units
- Recently renovated
Executive Summary
Introducing this incredible investment opportunity in Lakeview—a 3,724 SF, 3-unit property located at 3912 N Ashland Ave. This gem boasts a mix of spacious one and two-bedroom units, each with individual mechanicals. On-site parking provides added convenience for tenants, making this property a compelling choice for investors seeking a low-rise/garden multifamily opportunity. Recent renovations add modern appeal and offer a turnkey solution for savvy investors looking to capitalize on the thriving Chicago real estate market.
Property Facts
| Price | $1,300,000 | Property Subtype | Apartment |
| Price Per Unit | $433,333 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.09 AC |
| Cap Rate | 4.58% | Building Size | 3,750 SF |
| No. Units | 3 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1913 |
| Zoning | B1-2 - Business | ||
| Price | $1,300,000 |
| Price Per Unit | $433,333 |
| Sale Type | Investment |
| Cap Rate | 4.58% |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 3,750 SF |
| No. Stories | 3 |
| Year Built | 1913 |
| Zoning | B1-2 - Business |
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Walk Score®
Walker's Paradise (94)
Transit Score®
Excellent Transit (74)
Bike Score®
Very Bikeable (89)
Property Taxes
| Parcel Number | 14-19-208-035-0000 | Improvements Assessment | $39,500 |
| Land Assessment | $39,500 | Total Assessment | $79,000 |
Property Taxes
Parcel Number
14-19-208-035-0000
Land Assessment
$39,500
Improvements Assessment
$39,500
Total Assessment
$79,000
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3912 N Ashland Ave
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