Closed

$899,900

5215 Ashland Avenue, Chicago, IL 60640
7 Beds3 Baths71 days
5215 Ashland Avenue·Chicago, IL 60640
7Bedrooms
3Bathrooms
1905Year Built
About This Home

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!

MLS# 11794237Listed May 29, 2023Residential IncomeGreystone
Property Details

Beds & Baths

Total Bedrooms7
Total Bathrooms3
Total Rooms13

Size & Structure

Garage Spaces2
Year Built1905
Lot Size0.050 acres

Location

CountyCook
TownshipLake View
Zip Code60640

Financial

List Price$899,900
Annual Taxes (2021)$11,261
Monthly Tax Est.$938
Parcel #14081220140000
Interior Features

Heating

Natural Gas

Basement

None
Exterior & Lot

Construction

Stone
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

On SiteGarage OwnedDetachedGarage
Tax & Financial
Annual Taxes
$11,261
Tax Year 2021
Monthly Tax Est.
$938
per month
Property Location

5215 Ashland Avenue, Chicago, IL 60640Cook County

$899,900
5215 Ashland Avenue
7 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
71 days on market
2-car garage
0.050 acres
$11,261/yr taxes
$5,668
estimated monthly payment
Principal & Interest
$4,729/mo
Property Tax
$938/mo
$899,900
20% — $179,980
3%50%
6.875%
3%12%
Loan Amount
$719,920
Down Payment
$179,980

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Main Street Real Estate Group
Agent: Lawrence Dunning
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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