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$455,000
7
beds
3
baths

5415 N Ashland Avenue
CHICAGO, Illinois 60640

Closed / MLS #9884476 / Multiple Unit (2-4) / Edgewater
Listing information updated 9/5/2018 at 2:01am
Hot Location! Big Profits! Great Cash Flow! Investors don't miss out on the opportunity to purchase a Brick 2 flat in one of the most desirable neighborhoods in Chicago - Edgewater! This property includes one 3 bed, 1 bath unit, one 2 bed, 1 bath unit and a garden unit with 2 beds and 1 bath. Renovated sold comparable 2 and 3 unit properties in Edgewater within a mile of this building sold for an average of $855,000! Gut the garden unit and cosmetically upgrade the other two units to make a $300,000+ profit! Once renovated, the 3 bedroom unit can rent for up to $2,100 per month and the 2 bedrooms can rent for $1,700 per month - $5,500 in gross monthly rental revenue or $66,000 in gross annual rental income! Owner lives in the top unit and the other two units have month-to-month leases! Buyer will need to purchase "as is". The owner is installing a brand new back porch in April of 2018 - this is a $25,000 value to the new owner!
Exterior Type:
Brick
Basement:
None
Beds Above Grade:
7
Heating System:
Radiators
Pool:
No
Age:
100+ Years
Parking Type:
Garage
Parking Spaces:
2
Room Count:
15
Water Front:
No
Square Feet:
N/A
Tax Amount:
$6,965
Tax Year:
2016
Zip Code:
60640
City:
Chicago
County:
Cook
School District(s):
299
Elementary School:
N/A
Middle School:
N/A
High School:
N/A

Listing Office: Keller Williams Premiere Properties

Listing Office Phone: 630.545.9860

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 9/5/2018 at 2:01am. 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.

Edgewater

Edgewater, IL

Lakeside living never goes out of style in Edgewater. The neighborhood draws residents with its spectacular lake views, large beaches, thriving theater scene and restaurants with cuisines from around the world. Edgewater also boasts its fair share of antique shops, cafes and parks. Encompassing a nu...

CTA

CTA
Red line at Berwyn

Metra

Metra
Union Pacific North line at Ravenswood Metra
$410,673
Average Sale Price
47
Average Days On The Market
99%
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 5415 N Ashland Avenue, Chicago, IL 60640
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5415 N Ashland Avenue, Chicago, IL 60640 is a multiple unit (2-4) which sold for $455,000. 5415 N Ashland Avenue features 7 Beds, 3 Baths. This multiple unit (2-4) has been listed on @properties Christie's International Real Estate since March 14th, 2018. The nearest transit stops include Berwyn CTA Red line and Ravenswood Metra Metra Union Pacific North line.

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