This Multifamily Property is no longer advertised on LoopNet.com.

4450-4452 N Ashland Ave
Chicago, IL 60640
Multifamily Property For Sale · 16 Units

Investment Highlights

  • Sixteen (16) unit apartment building including rear one unit coach house.
  • Additional income is generated through four (4) garage parking spaces.
  • Recent updates include 800 AMP electric service, copper plumbing, and a newer boiler.
  • Unit Mix: (1) Studio-S, (2) Studio-L, (6) 1Bd/1Ba, (1) 1Bd/1Ba-CH. (3) 2Bd/1Ba, (1) 2Bd/1Ba-PH, (2) 3Bd/2Ba.
  • Value-add opportunity to modernize common areas and make modest cosmetic updates to unit interiors.
  • Select units equipped with individual furnaces.

Property Facts

No. Units 16
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.17 AC
Building Size 12,350 SF
No. Stories 4
Year Built 1920
Parking Ratio 0.25/1,000 SF
Zoning R-3, Chicago

Amenities

Unit Amenities

  • Heating
  • Kitchen
  • Hardwood Floors
  • Oven
  • Range

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 3 $937.50 200 - 475
1+1 7 $1,123 408 - 850
2+1 4 $1,545 600 - 850
3+2 2 $1,823 1,100

Property Taxes

Property Taxes

Parcel Number
14-18-223-012-0000
Land Assessment
$70,944
Improvements Assessment
$121,840
Total Assessment
$192,784
  • Listing ID: 25049882

  • Date on Market: 2/14/2022

  • Last Updated:

  • Address: 4450-4452 N Ashland Ave, Chicago, IL 60640

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