4441 North Ashland Avenue

Chicago, IL 60640

$5,049,000
Price
20
Beds
14
Baths
4
1/2 Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Introducing an all new brick new construction building. Spacious apartments consisting of two duplex ups, two simplexes, and two duplex downs. Condo quality units with just shy of 10 foot ceilings, hardwood floors, quartz countertops, four fireplaces. Spa like bathrooms. Each unit with has a balcony and additional outdoor space on the building roof and garage roof. Insulated with spray foam insulation. Two parking spaces per unit(one garage, one outside). Tenants responsible for electric and gas....Introducing an all new brick new construction building. Spacious apartments consisting of two duplex ups, two simplexes, and two duplex downs. Condo quality units with just shy of 10 foot ceilings, hardwood floors, quartz countertops, four fireplaces. Spa like bathrooms. Each unit with has a balcony and additional outdoor space on the building roof and garage roof. Insulated with spray foam insulation. Two parking spaces per unit(one garage, one outside). Tenants responsible for electric and gas. Asking price reflects a proforma cap rate of 5.35%. Developer offering a one year limited warranty. Pictures are of previous projects.
  1. Listed by David Patel • Epic Investment Company

Property Details for 4441 North Ashland Avenue

Area
CHI - Uptown
Zoning
MULTI

Location

Listing Courtesy of Epic Investment Company
Add your commute
LISTING UPDATED: 04/18/2024 06:00 PM

Property Details for 4441 North Ashland Avenue

StatusActive
MLS #12004422
Days on Market47
Taxes$12,340 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Multi Family 5+-Other
Year Built2024
Lot Size0.17 AC / 7,500 SF
CountyCook County

Location

Listing Courtesy of Epic Investment Company
Add your commute

Building Information for 4441 North Ashland Avenue

Stories-Residences6Year Built2024Building Size-Lot Size0.17 AC / 7,500 SF

Payment Calculator

$28,583 per month

30 year fixed, 7.25% Interest

Principal and Interest

$27,554

Property Taxes

$1,028

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4441 North Ashland Avenue

General Information
Addtl Parking Information
  • Indoor Parking: 6-12 Spaces
  • Outdoor Parking: 6-12 Spaces
  • Open Parking Spaces: 12.0
Location and General Information
  • Information: List Broker Must Accompany
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Heat/Ventilation: Central Heat/Indiv Controls,Forced Air
  • Num of Baths: 14.4
Property/Lot Information
  • Tenant Pays: Air Conditioning, Electricity, Heat, Hot Water
  • Built Before 1978: No
  • Approximate Age: New Construction
  • Multi-Family Type: Other
  • Lot Dimensions: 50 X 150
  • Stories: 4
  • Exterior Building Type: Brick
  • Construction: Brick, Block
  • Roof Structure: Flat
  • Foundation Details: Concrete Perimeter
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2024-03-14T20:11:34
  • Photos Count: 24
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $720.00
  • Fuel Expense: $.00
  • Gross Income: $343,200.00
  • Gross Scheduled Income: $343,200.00
  • Insurance Expense: $6,000.00
  • Maintenance Expense: $.00
  • Electric Expense Source: Broker Projection
  • Total Annual Expense Source: Broker Projection
  • Fuel Expense Source: Broker Projection
  • Insurance Expense Source: Broker Projection
  • Janitor Expense: 1200
  • Repairs-Decor Expense Source: Broker Projection
  • Trash Expense Source: Broker Projection
  • Total Monthly Income: 28600
  • Water Expense Source: Broker Projection
  • Net Operating Income: $270,280.00
  • Operating Expense: $72,920.00
  • Other Expense: $1,000.00
  • Trash Expense: $1,800.00
  • Water Sewer Expense: $2,200.00
Unit 1
  • Unit Type Baths Total: 3
  • Unit Type Beds Total: 4
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 1
Unit 2
  • Unit Type Baths Total: 3
  • Unit Type Beds Total: 4
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 1
Unit 3
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 1
Unit 4
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 1
Unit 5
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 4
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 1
Unit 6
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 4
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 1
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 4441 North Ashland Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 4441 North Ashland Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - 10 to 12
Public - 9 to 12
Rating
School
Distance
Ravenswood Elementary School
PublicPK to 8

Senn High School
Public9 to 12

YCCS-Truman Middle College HS
Charter10 to 12

Uplift Community High School
Public9 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.

Neighborhood Map and Transit

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4441 North Ashland Avenue is a multi-family home for sale in Chicago, IL 60640. This property was listed for sale on March 14, 2024 by Epic Investment Company, it's currently listed at $5,049,000. This listing's school district is City Of Chicago School District 299. Nearby schools include Ravenswood Elementary School, Senn High School and YCCS-Truman Middle College HS. 4441 North Ashland Avenue is a 20-bed, 16-bath, multi-family home built in 2024.

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 Epic Investment Company

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.