$899,900
5215 N Ashland Avenue
Chicago, IL, 60640
Full and TRUE Gut Rehabbed to the Studs 3-unit Greystone in the heart of Andersonville. Building is 100% leased with $5,780 Monthly Rent Roll (all leases under market rents), grossing $69,360 annually. Building houses 3-luxury apartments feature hardwood floors throughout, central heating and cooling, open floor plans, custom baths w/ designer finishes, granite and stainless kitchens, in-unit laundry, enclosed rear porches, tall ceilings and lots of natural light. Building has 2-car garage in the rear. Easy, Low Maintenance Investment Building. Can come with professional management at 7% that handle everything. Also easy to self-manage. Very low maintenance investment property. Perfect for any house hacker or Investors utilizing the latest Federal Savings Portfolio 15% down loan, 5.95% 3 Year Arm, for non-occupant investment loans. Fantastic Andersonville location; CTA bus stop right outside the door, Anderson park a few doors to the North, walking distance to restaurants, coffee shops, convenience store, the CTA Red Line, the Lakefront Trail and the beach. This building is a rare gem!
Property Details
Price:
$899,900 / $840,000
MLS #:
MRD11794237
Status:
Closed ((Aug 31, 2023))
Beds:
7
Baths:
3
Address:
5215 N Ashland Avenue
Type:
Multi Family
City:
Chicago
Listed Date:
May 29, 2023
State:
IL
ZIP:
60640
Year Built:
1905
Schools
School District:
299
Interior
Heating
Natural Gas
Exterior
Architectural Style
Greystone
Financial
Buyer Agent Compensation
2.25%-$450% of Net Sale Price
Tax Year
2021
Taxes
$11,261
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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5215 N Ashland Avenue
Chicago, IL
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