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$3,125,000
13,420
square ft

1435 N Ashland Avenue
Chicago, Illinois 60622

Closed / MLS #12359734 / Multiple Family / West Town
Listing information updated 8/14/2025 at 1:03pm
A rare and exceptional investment opportunity, 1435-1439 N. Ashland Ave presents an 8-unit multifamily property situated on an oversized triple lot in the heart of Wicker Park-one of Chicago's most sought-after neighborhoods. Spanning two expansive buildings, this trophy asset offers a mix of generously sized, updated apartments, each featuring private outdoor space and access to a beautifully maintained shared courtyard. The property's unit mix-(3) 2BD/1BA, (1) 2BD/2BA, (2) 3BD/2BA, (1) 3BD/3BA, and (1) 4BD/3BA-is ideal for maximizing rental income in a high-demand rental market. Notably, five of the eight units are over 1,500 square feet, providing exceptional living space rarely found in this area. Interiors include in-unit laundry, hardwood floors, granite countertops, stainless steel appliances, and individual mechanical systems, offering modern conveniences with long-term durability. Current rents are significantly below market per square foot, presenting a clear value-add opportunity through light renovations or full redevelopment. Whether you're seeking stable income, future upside, or redevelopment potential, 1435-1439 N. Ashland Ave delivers on all fronts-making it a standout investment in an A+ location.
Water Front:
No
Square Feet:
13,420
Built:
1894
Cooling System:
Central Air
Stories:
3
Roof:
Composition,Membrane
Building Square Feet:
13,420
Current Net Income:
$215,097
Unit 1:
5 room(s) / 2 bed(s) / 1 bath(s)
Unit 2:
7 room(s) / 2 bed(s) / 2 bath(s)
Unit 3:
9 room(s) / 3 bed(s) / 3 bath(s)
Unit 4:
7 room(s) / 3 bed(s) / 2 bath(s)
Unit 5:
9 room(s) / 4 bed(s) / 3 bath(s)
Tax Amount:
$23,131
Tax Year:
2023
Zip Code:
60622
City:
Chicago
County:
Cook

Listing Office: Star Realty & Management

Listing Office Phone: 312.371.2564

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 8/14/2025 at 1:03pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.

West Town, IL

Comprised of several distinct Chicago neighborhoods northwest of the Loop, West Town is a thriving community that has experienced extensive development over the past decade. The community includes the neighborhoods of Wicker Park, Ukrainian Village, East Village, River West, Noble Square, East Humbo...

CTA

CTA
Blue line at Division
CTA
Red line at North/Clybourn

Metra

Metra
Union Pacific North line at Clybourn Metra
Metra
Union Pacific Northwest line at Clybourn
$756,387
Average Sale Price
45
Average Days On The Market
100%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 1435 N Ashland Avenue, Chicago, IL 60622
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1435 N Ashland Avenue, Chicago, IL 60622 is a multiple family which sold for $3,125,000. This multiple family has been listed on @properties Christie's International Real Estate since May 11th, 2025 and was built in 1894. The nearest transit stops include Division CTA Blue line and Clybourn Metra Metra Union Pacific North line.

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