1813 S Ashland Avenue
Chicago, IL, 60608
$1,275,000
Beds
0 Baths
SqFt
0 Acres
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$1,275,000
1813 S Ashland Avenue
Chicago, IL, 60608
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1813 S. Ashland is a five (5) unit building in Chicago’s historic Pilsen Neighborhood. An attractive location for tenants, this particular property sits steps away from 18th Street, home to some of Chicago’s most underrated restaurants. Located one block from the 18th/Paulina Station, the property provides quick and easy transit via pubic transportation to Chicago’s Downtown. 1813 S. Ashland is comprised of four (4) 2Bd/1Ba and one (1) Retail space. Highlights include modern finishes with LVP flooring, along with updated mechanical systems. Additionally, the property has in-unit laundry machines and exposed brick walls, making it extremely marketable to potential tenants. 1813 S. Ashland presents an investor with the opportunity to raise rents increasingly through a value-add approach to new ownership. In doing so, its new owner will realize a boosted cap rate and net operating income.

Property Details

Price:
$1,275,000
MLS #:
MRD11974251
Status:
Active
Beds:
0
Baths:
0
Address:
1813 S Ashland Avenue
Type:
Commercial
City:
Chicago
Listed Date:
Feb 5, 2024
State:
IL
ZIP:
60608
Year Built:
1893

Schools

Interior

Exterior

Financial

Buyer Agent Compensation
0Net Sale Price
Net Operating Income
$76,571
Tax Year
2022
Taxes
$11,372
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Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.

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1813 S Ashland Avenue
Chicago, IL