1440 N Ashland

Chicago, IL 60622
USA
Property Type: Land/Building FOR SALE
: For Sale
: Mixed Use / Multi-Family
: $11,364
: 17-06-214-038-0000
: 5,310 Sq Ft
: 3
: Full
: B3-2
: 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
Zoning Designation: B3-2