6944 N Ashland Boulevard

Chicago, IL
$ 4,750,000 Beds 1 Baths 0 Sq 11,200
Monthly Estimate* How much can I afford?

Fantastic Opportunity! Prime Location! Value Add Opportunity! Property consists of 37 Apartments and 4 Storefronts. Hardwood Floors Throughout, All Aluminum Windows, Well Maintained Boiler System, Tenants Pay Electricity and Cooking Gas. Large Studio Layouts allow for conversion to 1 bedroom. Great property to buy and hold or improve for higher rents. 31 Studios and 6 One Bedrooms. Currently Managed by Onsite Engineer. Property can be purchased with additional 41 unit 6956 N Ashland. See attached Income Statement.

Multi-Family

  • Price
  • $ 4,750,000
  • Lot Size
  • 9,583 SqFt
  • Bedrooms
  • 1
  • Sqr Footage
  • 11,200
  • Full Bathrooms
  • 0
  • Year Built
  • 1925
  • Half Bathrooms
  • 0
  • City, Zip
  • Chicago
  • Taxes
  • $ 33027
  • County
  • COOK
  • Style
  • Multi-Family
  • Area
  • CHI - Rogers Park
  • MLS#
  • 11200777
  • Zip
  • 60626
Listing Provided by: Fulton Grace Realty
Data Source: Midwest Real Estate Data (MRED) - 103 - IL

Features

General

Additional Parcels Y/N No
City Chicago
Construction Materials Brick
Cooling Window Unit(s)
County Cook
Current Use Multi-Family
Days on Market 10
Directions Going Clark North, after passing Devon take a slight right on Ashland, pass Morse, on left side.
Electric Expense 2000
Fuel Expense 16826
Grossincome 390180
Insurance Expense 6000
Lot Size Square Feet 9900
MLS Area CHI - Rogers Park
Net Operating Income 271817
Operatingexpense 118362
Property Type Commercial Sale
Property Type Multi Family 5+
Roof Reflective Coating, Rubber
Standard Status Active
Status Active
Stories 3
Street Name Ashland
Tax Annual Amount 33027
Tax Year 2019
Tenant Pays Electricity, Other
Total Units 41
Trash Expense 12500
Water Sewer Expense 12500
Year Built 1925
Zoning MULTI

Interior Features

Street Suffix Boulevard

Exterior Features

Building Area Total 11200
Foundation Details Brick/Mortar
Lot Dimensions 60 X 165
Lot Size Acres 0.22

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Loves Park, IL office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/26/2021 Listed $4,750,000

Property vs Zip Code Average in 60626

Price
AVG $2.12M
$4.75M
Taxes
AVG $17,050
$33,027
Visits
AVG 55
141
Year Built
AVG 1915
1925
Walkscore
AVG 91
96
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

6944 N Ashland Boulevard Chicago, IL is a Single Family Home for sale at $4750000 with 11200 sqft and a lot size of 9,583 SqFt Acre(s). 6944 N Ashland Boulevard Chicago has 1 bedrooms, 0 baths and was built in 1925. The property's zip code is 60626 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.