1813 South Ashland Avenue, Chicago, IL

$1,200,000

Previous Next

About 1813 South Ashland Avenue

This fully renovated multifamily property presents a turn-key investment opportunity with full occupancy and strong in-place cash flow. The attractive brick building features modernized layouts with open floor plans, newly updated kitchens, and contemporary bathrooms, appealing to today's renters seeking both style and functionality. The renovations enhance the property's long-term durability while reducing near-term capital needs, offering investors peace of mind and stable operations from day one. Adding to the upside, the property includes a vacant coach house located above the rear garage. This space is primed for renovation and conversion into an additional rental unit, providing a clear path for increased income and property value. With its blend of stabilized tenancy and future growth potential, this asset offers investors a rare opportunity to acquire a well-positioned property that combines immediate returns with long-term upside.

Features of 1813 South Ashland Avenue

MLS® # 12506571
Price $1,200,000
Bathrooms 0.00
Acres 0.00
Year Built 1893
Type Commercial Sale
Sub-Type Mixed Use
Status Active

Community Information

Address 1813 South Ashland Avenue
Area CHI - Lower West Side
City Chicago
County Cook
State IL
Zip Code 60608

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Window Unit(s)
Fireplace No
Has Basement No

Exterior

Exterior Brick

Additional Information

Days on Market 8
Zoning COMMR
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeSperry Van Ness
Contact Infoangela.corvo@svn.com

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?