5215 North Ashland Avenue

Chicago, IL 60640

$840,000
Last Sold Price
7
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

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...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!
  1. Listed by Lawrence Dunning • Main Street Real Estate Group

Sold By Catalina Group LLC

Property Details for 5215 North Ashland Avenue

Area
CHI - Edgewater
Township
Lake View
Ownership
Fee Simple
Num Of Garage Spaces
2.0
Num Of Cars
2.0
Parking Included in Price
Yes
Heat/Fuel
Natural Gas
Architectural Style
Greystone

Location

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LISTING UPDATED: 08/31/2023 07:24 PM

Property Details for 5215 North Ashland Avenue

StatusClosed
MLS #11794237
Days on Market94
Taxes$11,261 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 2 Flat
Year Built1905
Lot Size0.05 AC / 2,178 SF
CountyCook County

Location

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Building Information for 5215 North Ashland Avenue

Stories-Residences3Year Built1905Building Size-Lot Size0.05 AC / 2,178 SF

Payment Calculator

$5,523 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,584

Property Taxes

$938

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5215 North Ashland Avenue

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Garage On Site: true
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
Property Information
Interior Features
  • Num Of Rooms: 13
  • Bedrooms (Below Grade): 0
  • Basement Type: None
  • Bedrooms Possible: 7
  • Basement Description: None
  • Basement Bathrooms: No
  • # Full Baths in Building: 3
  • # Half Baths in Building: 0
  • Num of Baths: 3.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2020
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 25X100
  • Total # Units in Building: 3.0
  • Waterfront: No
  • Exterior Building Type: Stone
  • General Information: Commuter Bus
  • North Coordinate: 5200
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 1600
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 73
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Unit 1
  • Unit Type Actual Rent: $1,665.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 07/24
Unit 2
  • Unit Type Actual Rent: $2,070.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 04/24
Unit 3
  • Unit Type Actual Rent: $2,095.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 3
  • Lease Expiration Date: 05/24

Property History for 5215 North 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 5215 North Ashland Avenue

Taxable ValueLand$20,200Additions$35,800Total$56,000
Tax Record2022$11,518 ($960 / month)
Home Facts
Baths3Total Finished SqFt3,217 SqFtAbove Grade Finished SqFt3,217 SqFtStories2Lot Size2,525 SqFtStyleMulti-Family Res (5+ Units)Year Built1909CountyCOOKAPN14-08-122-014

Schools near 5215 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 - PK to 8
Charter - 10 to 12
Rating
School
Distance
Peirce Elementary Intl Studies School
PublicPK to 8

Senn High School
Public9 to 12

Passages Elementary Charter School
CharterPK to 8

YCCS-Truman Middle College HS
Charter10 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

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Listing Courtesy of Main Street Real Estate Group

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.