1440 N Ashland

Price:   Negotiable
Listing Type:   For Sale
Property Type:   Mixed Use / Multi-Family
Taxes:   $11,364
PIN #(s):   17-06-214-038-0000
Building Size:   5,310 Sq Ft 
Stories:   3
Basement:   Full
Zoning:   B3-2
Alderman:   Hopkins

Highlights:

– Vintage brick and terra cotta 3-story building originally constructed in 1871

– Legal 6-unit Mixed Use consists of 5 residential apartments and one 1st floor live/work space (700 Sq Ft retail plus 1-bedroom apartment)

– Retail storefront currently leased to Sloth Steady apparel shop through 6/2019

– High traffic location on Ashland between North & Milwaukee/Division

– Fully occupied building generates $8,065 monthly cash flow (after expenses)

– Below market rents provide buyer opportunity to raise rents to increase return

– Includes new roof and full basement with shared laundry

– All gas & electric meters separate

– Easily accessible to public transportation, located on CTA #9 Ashland bus route and just 2 blocks from Blue Line Division station / #72 North bus / #56 Milwaukee bus / #70 Division bus

– Sign on north side of building “I WANT TO BE ORDINARY” was installed by Wicker Park Chamber of Commerce as a part of the murals of Wicker Park;  was left up by owner but can be removed anytime