1813 South Ashland Avenue

Chicago, IL 60608

$1,275,000
Price
8
Beds
5
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

1813 s. Ashland is a five (5) unit building in Chicago's historic Pilsen Neighborhood. An attractive location for tenants, this particular property sits steps away from 18th Street, home to some of Chicago's most underrated restaurants. Located one block from the 18th/Paulina Station, the property provides quick and easy transit via pubic transportation to Chicago's Downtown. 1813 S. Ashland is comprised of four (4) 2Bd/1Ba and one (1) Retail space. Highlights include modern finishes with LVP flooring,...1813 s. Ashland is a five (5) unit building in Chicago's historic Pilsen Neighborhood. An attractive location for tenants, this particular property sits steps away from 18th Street, home to some of Chicago's most underrated restaurants. Located one block from the 18th/Paulina Station, the property provides quick and easy transit via pubic transportation to Chicago's Downtown. 1813 S. Ashland is comprised of four (4) 2Bd/1Ba and one (1) Retail space. Highlights include modern finishes with LVP flooring, along with updated mechanical systems. Additionally, the property has in-unit laundry machines and exposed brick walls, making it extremely marketable to potential tenants. 1813 S. Ashland presents an investor with the opportunity to raise rents increasingly through a value-add approach to new ownership. In doing so, its new owner will realize a boosted cap rate and net operating income.
  1. Listed by John George • Kiser Group Realty Inc
  2. Listed by Joseph Bianchi • Kiser Group Realty Inc

Property Details for 1813 South Ashland Avenue

Area
CHI - Lower West Side

Location

Listing Courtesy of Kiser Group Realty Inc
Add your commute
LISTING UPDATED: 03/19/2024 11:51 AM

Property Details for 1813 South Ashland Avenue

StatusActive
MLS #11974251
Days on Market112
Taxes$11,372 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Multi Family 5+-Garden Complex
Year Built1893
Lot Size0.10 AC / 4,186 SF
CountyCook County

Location

Listing Courtesy of Kiser Group Realty Inc
Add your commute

Building Information for 1813 South Ashland Avenue

Stories-Residences5Year Built1893Building Size-Lot Size0.10 AC / 4,186 SF

Payment Calculator

$7,906 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,958

Property Taxes

$948

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1813 South Ashland Avenue

General Information
Location and General Information
  • Information: List Broker Must Accompany,48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Heat/Ventilation: Gas
  • Num of Baths: 5.0
Property/Lot Information
  • Tenant Pays: Electricity, Heat, Sewer
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Garden Complex
  • Lot Dimensions: 23' X 182"
  • Stories: 3
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 9
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 5
Income & Expenses
  • Electric Expense: $986.00
  • Fuel Expense: $3,871.00
  • Gross Income: $115,200.00
  • Gross Scheduled Income: $111,744.00
  • Insurance Expense: $5,000.00
  • Maintenance Expense: $2,125.00
  • Manager Expense: $5,587.00
  • Janitor Expense: 1500
  • Total Monthly Income: 9600
  • Net Operating Income: $76,571.00
  • Operating Expense: $35,173.00
  • Other Expense: $2,617.00
  • Trash Expense: $592.00
  • Water Sewer Expense: $1,523.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 1
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 4
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 1813 South Ashland Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1813 South Ashland Avenue

Taxable ValueLand$9,000Additions$46,287Total$55,287
Tax Record2022$11,372 ($948 / month)
Home Facts
Baths4Total Finished SqFt5,904 SqFtAbove Grade Finished SqFt5,904 SqFtStories3Lot Size3,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1891CountyCOOKAPN17-20-308-006

Schools near 1813 South Ashland Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 7
Public - 9 to 12
Charter - K to 8
Charter - 9 to 12
Rating
School
Distance
Cooper Elementary Dual Language Academy
PublicPK to 7

Juarez Community Academy High School
Public9 to 12

Acero Chtr - Bartolome de las
CharterK to 8

Urban Prep Chtr E Garfield High School
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

1813 South Ashland Avenue is a multi-family home for sale in Chicago, IL 60608. This property was listed for sale on February 5, 2024 by Kiser Group Realty Inc, it's currently listed at $1,275,000. It has been on the market for a total of 112 days and was last sold on February 13, 2014. This listing's school district is City Of Chicago School District 299. Nearby schools include Cooper Elementary Dual Language Academy, Juarez Community Academy High School and Acero Chtr - Bartolome de las. 1813 South Ashland Avenue is a 8-bed, 5-bath, multi-family home built in 1893.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Kiser Group Realty Inc

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.